Singapore's sovereign-wealth fund GIC and a local joint venture partner have agreed to acquire private equity-backed business National Lifestyle Villages, according to sources. A deal is understood to have been struck between GIC and its partner Tasman ... ( read original story ...)
Singapore’s construction costs are the 4th highest in Asia
The public sector is expected to boost demand and drive costs between -1% to +2%. Singapore is now the fourth most expensive city in Asia to build in, design and consultancy firm Arcadis revealed. It follows Hong Kong, Macau and Tokyo in Asia, and ranks ... ( read original story ...)
Stop Hong Kong’s shipping industry exodus to Singapore by spending reserves on loans and cutting profits tax, advisers say
“In the past 20 years the majority of owners have left for Singapore. Following them are shipping finance institutes, trading desks and brokers,” Chao said. “Altogether, these people have shifted the industry’s centre of gravity from Hong Kong to ... ( read original story ...)
Meralco, First Pacific weighing options for Singapore power plant
METRO PACIFIC Investments Corp. Chief Finance Officer David J. Nicol said the group is assessing options for a liquefied natural gas (LNG) power plant owned by its unit Manila Electric Co. (Meralco) and parent First Pacific Ltd. in Singapore, where a ... ( read original story ...)
How DBS aimed to change consumers’ behaviour towards going cashless
But in Singapore, many still prefer making purchases and payments in cash. This is a habit POSB aimed to change. However, habitual change doesn’t happen overnight. For customers to switch from using cash to going cashless, they must first understand the ... ( read original story ...)
Singapore: DBS Group Holdings Ltd (DBSM:SI) Stock Consolidating
Overall, the bias in prices is: Upwards. The projected upper bound is: 30.38. The projected lower bound is: 28.04. The projected closing price is: 29.21. A black body occurred (because prices closed lower than they opened). During the past 10 bars, there ... ( read original story ...)
Maids can opt for POSB accounts when seeking work permits
Starting Sept 1, maids applying for Singapore work permits can opt to set up their POSB bank accounts as well. No minimum sum is required. The bank card that they will receive after they arrive can also be used as an ez-link card. It is also a membership ... ( read original story ...)
3 REITs in Singapore with the Highest Distribution Yields
According to a recent report by the Singapore Exchange, the 34 REITs and six stapled trusts in Singapore averaged a 6.6% distribution yield. For context, the FTSE ST REIT Index (SGX: FSTAS8670) has a 6.0% yield. With that, here are the top three highest ... ( read original story ...)
How do Singapore banking stocks compare with overseas banks? Which banking stocks should investors be banking on now?
Singapore’s 3 listed banks, namely DBS, UOB and OCBC bank dominate the local banking scene and are major components of the STI index, with about 40% of total weight going to these blue chip banking heavyweights. Performance for first 5 months in 2018 for ... ( read original story ...)
Haidilao hotpot chain files for IPO, plans rapid expansion
The Sichuan-style hotpot chain did not disclose the size of the IPO or the amount of shares to be offered ... It has also already entered overseas markets including Singapore, Los Angeles, Seoul and Tokyo, according to its website. The company, whose ... ( read original story ...)
Singapore Airlines First Class Awards Are Easy to Book
American Express, Citibank, Chase, Capital One and other banks are advertising ... You’re probably not going to find Singapore Airlines first class saver awards flying New York JFK – Frankfurt – Singapore very often. You’re not going to find ... ( read original story ...)
Hyphens Pharma IPO ends on modest gain
Healthy debut with firm's stock up 5.8% from initial IPO price Healthcare firm Hyphens Pharma International made a positive debut on the Singapore Exchange's Catalist board yesterday with the stock up 5.8 per cent from its initial public offering (IPO ... ( read original story ...)
The Singapore Stock Market Today: Hyphens Pharma International Limited Goes Public
Here are three things about the local stock market that you might be interested in today. 1. The Straits Times Index (SGX: ^STI) ended Friday down 0.2%, or 7.5 points, to 3,529.27. The biggest loser in the index was Yangzijiang Shipbuilding Holdings Ltd ... ( read original story ...)
OCBC launches hybrid unit trust, combining fixed maturity with call option strategy
SINGAPORE - OCBC Bank and Lion Global Investors have launched what they say is a first-of-its kind unit trust in Singapore for the bank's retail customers, that combines a fixed maturity product with potential capital gains though a call option strategy. ( read original story ...)
DBS Marina Regatta 2018 Has A ‘Ninja Warrior’ Obstacle Course, Creators Market & Fitness Classes
Image credit: DBS Marina Regatta Those who are in it to win it can compete ... When: 26 - 27 May & 2 - 3 June, 8AM - 9PM Where: The Promontory at Marina Bay, 11 Marina Boulevard, Singapore 018940 Admission: Once you’ve gotten your fill of adrenaline ... ( read original story ...)
Finastra wins Singapore Business Review International Business Award for work with Yoma Bank
Finastra has been awarded the Singapore Business Review International Business Award ... including Fusion Treasury for treasury and capital management and Fusion Trade Innovation for trade finance capabilities. The bank also used Fusion Blueprints during ... ( read original story ...)