Markets & Investing
MAS to invest $2.72b to boost green finance initiatives
MAS to invest $2.72b to boost green finance initiatives
It will firstly invest $136.17m in BIS’ Green Bond Investment Pool.
Daily Briefing: NUS to co-invest in 30 deeptech startups annually; Blockchain startup Sky Mavis bags $2.04m funding
And Hong Kong’s Artyzen Hospitality Group will expand to Singapore.
Singapore's local M&A deal value poised to hit 3-year high in 2019
The private equity sector is banking on market volatility and has been driving up deal values.
SPH REIT buys 50% stake in South Australia's largest mall for $636.5m
Westfield Marion attracts 13.5 million annual visitors with a 99.3% occupancy.
New life insurance premiums in Q3 dip 4% to $3b
Total sum assured for businesses grew by $1.3b.
GIC buys minority stake in Sweden pest control firm Anticimex
Its owner plans to accelerate Anticimex’s expansion in Asia.
CapitaLand smashes targets as divestments for 2019 hit $5.3b
The group was able to narrow down its net gearing target to 0.69x from 0.73x in Q2.
BCG Digital Ventures to open Singapore office by 2020
Development of the innovation centre is backed by the EDB.
Corporates challenge VC's for deals
The number of deals involving a corporate investor rose to 28% in 2018 from 9% in 2016.
Daily Briefing: Hackcelerator HyperHack to debut in Singapore; Spacetech startup Aliena raises $1.41m
And 25 NTUC FairPrice outlets will extend charging for plastic bags by a year.
Doing business in Singapore strained by labour, workload issues
It ranked 42nd out of 76 nations in terms of business complexity.
Bahrain wants to bridge Singapore startups to US$1.5t Gulf market
Startups can easily set up shop with a new fast-track process for registration.
Daily Briefing: ST Telemedia leads $54.41m funding round in US-based analytics firm; HDB to set up 6,000 digital screens in housing estates
And employment-seeking platform GrabJobs expands to Indonesia.
Singapore corporates lag in environmental sustainability
Only 40% of companies develop environmentally-conscious products.
Daily Briefing: Cost blamed for slow take-up of electric cars; Analytics startup Milieu Insight bags $3.27m pre-Series A funding
And fintech startup InstaReM rebrands to Nium.
SBR Hottest Startups Panel Briefing 2019 draws over 130 delegates
Topics on the agenda include the road to unicorn status and learning from startup failures.
Perennial unit sold 45% stake in YIS to Yanlord Commercial for $202.68m
The proceeds will be used for corporate and general working capital.
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