Markets & Investing
Real estate investment volume drops 30.6% YoY to $20.8b in 2023
Real estate investment volume drops 30.6% YoY to $20.8b in 2023
Excluding GLS deals, residential, office, and industrial sectors supported investment volume.
Straits Trading prices $130m notes at 4.70%
The notes are due in 2029.
Singapore investors are amongst the most eager to divest assets in 2024
The 2024 net buying intentions of Singapore were only 8%.
Business leaders' optimism on organisational future wanes
Five in 10 view cybersecurity threats as a risk to their business.
SATS prices US$500m worth of bonds at 4.828%
The bonds are due in five years.
Elite REIT’s raises $47.5m from oversubscribed preferential offering
Its offering had a subscription rate of 121.1%.
Singapore ranks 8th in the list of counties with top tech funding in 2023
The country raised US$4.6b ($6.1b) in funding this year.
Pegasus Asia sets the last day for trading warrants on 12 January
The warrants will expire on 20 January.
Which ETFs generated the strongest gains in 2023?
Last year, SGX saw the introduction of five new ETFs.
OCBC prices $450m capital securities at 4.05% first callable in 2029
The net proceeds will be used for OCBC’s general corporate purposes.
M&A appetite declines to a 9-year low
Only 2 in 10 CEOs plan to ink an M&A deal in the next 12 months.
STI profit growth to settle at 4.5% in 2024: RHB
Bank earnings seen moderating.
CapitaLand Ascendas REIT divests 3 assets in Australia for $64.2m
The REIT will gain net proceeds of $60.8m from the divestment.
Link REIT appoints former BlackRock real estate head as new CIO
John Saunders will begin his CIO duties on 4 March 2024.
Elite REIT launches £28m fully underwritten preferential offering
The REIT aims to use gross proceeds from the offering to repay debts.
CEO of CapitaLand Investment's Private Equity Alternative Assets business steps down
Group COO Andrew Lim will take over the post.
Cromwell E-REIT repurchases €50m in bonds due November 2025
The repurchase represents 10% of the initial aggregate principal amount of the bond.
Commentary
Where does value creation really happen?
Managing the cost of diverging standards: Why Singapore matters
Singapore’s AI ambition has an intelligence problem
Singapore is deploying AI at speed – and security risks are catching up
Precious metal boom is a stress test for Singapore’s gold ambitions
Singapore’s global dispute fault lines
‘Tokenmaxxing’ – The wrong AI race to run in Singapore
To outsmart modern fraud, we must first know the enemy
Why Singapore SMEs cannot wait for quantum cyber risk to arrive before securing data