Markets & Investing
Daily Briefing: Streetwear startup Novelship raises $2.85m from seed funds; Insurtech startup Axinan ties up with Indonesia's Bukalapak
Daily Briefing: Streetwear startup Novelship raises $2.85m from seed funds; Insurtech startup Axinan ties up with Indonesia's Bukalapak
And Diesel engines provider XMH Holdings to divest 80% stake at Z-Power.
Here's how Syfe made investing cheaper
Investors are charged 0.65% of their investment made through the AI platform.
Singapore clinched $145.78m of healthtech deals in 2018
The city trails only behind China and India in terms of deal value.
IPOS launches new unit to help businesses commercialise intangible assets
One of the programmes offered is Illuminate for Enterprises, which can assess firms' IP management status.
Daily Briefing: Aier Eye Singapore buys 35% of ISEC Healthcare for $67.1m; Gaming VC Play Ventures closes $55.56m debut fund
And Foodtech startup AiPalette secures $1.44m from seed funding.
CapitaLand to raise $800m via fixed-rate notes
It will have an annual interest rate of 3.15%.
Daily Briefing: Government partners with Fitbit to encourage healthier lifestyles; VC firm Tin Men Capital leads $6.93m funding round of RateIt
And Singapore is urged to accelerate rail transport expansion.
Vulcan Capital pledges $100m to groom SEA startups
It will focus on seed to Series B investments.
Corporate earnings take hit as economy slows
STI constituents posted their first profit decline in six quarters.
China M&A value drops to 10-year low at US$164b in H1 2019
Outbound M&A value was down as cross-border deals from Chinese buyers dried up.
Singapore VC fund manager tops global consistency rankings
All three of East Ventures’ funds were in the top quartile of returns with over 20% internal rate of return.
Delistings drag on Singapore's recovering IPO market
There are about 14 companies undergoing privatisation in 2019.
Daily Briefing: Gold investors flee to Singapore amidst Hong Kong unrest; Property portal 99.co raises $20.8m in Series B round
And waste management firm Blue Planet bought Globecycle Holdings for an undisclosed sum.
GIC and PE firm Silver Lake seek to extract $1.25b debt-funded payout from DNA analysis firm
If approved, it would be one of the year’s largest dividend funded by junk debt.
Daily Briefing: Retail landlords may lower rents for higher occupancy; Sunpower Group buys Changshu Suyuan for $47.35m
And Temasek unit invests in e-games chairs maker Secretlab.
Singtel, DBS and CapitaLand top Singapore Governance and Transparency Index in 2019
Amongst REITs and business trusts, CapitaLand Commercial Trust dethroned CapitaLand Mall Trust.
SGX daily average value down 8% to $1.1b in July
The turnover value of ETFs also dropped to $189m.
Commentary
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