Markets & Investing
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.
GIC invests $620m in Indian road builder IRB Infrastructure
GIC will hold 49% of the firm and have board representation.
Temasek to buy security system supplier D'Crypt for $100m
StarHub previously bought the military security firm for $122m in 2017.
Stricter regulation for bonds and REITs eyed
SGX RegCo is creating a working group to improve disclosures related to retail bonds.
Daily Briefing: Automotive marketplace Carro raises $124.6m in Series B round; Belmont Road GCB relaunched for sale at lower price of $40.8m
And Foodpanda is setting up its SEA headquarters in Singapore.
Daily Briefing: PE firm Xander Investment buys office park for $130m; Proptech firm UrbanAgents raises $2m seed round
And government-backed LongHash first startups collectively raise $9.7m in Q1.
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Commentary
Digital identity in the age of AI: Singapore’s strategic advantage
Why Singapore-based firms still underestimate the human side of doing business in North Asia
Singapore's hiring slowdown: A call for data-driven resilience
When it comes to AI, there is no such thing as too many chefs
The agility trap: Why most Singaporean businesses are structured for stability, not speed
Building a Southern Malaysia supply chain ecosystem for Singapore’s advanced manufacturing
Failed talks, rising costs: Why Singapore still feels the shock of Middle East tensions
How Singapore consumer brands can build strong supply chains amidst rising input costs
Singapore’s AI ambitions will rise or fall on infrastructure
Why a clear digital roadmap is essential for business success