News
Mapletree Logistics Trusts gains $200m sustainability loan for credit facility
Mapletree Logistics Trusts gains $200m sustainability loan for credit facility
This is the first time a Singapore REIT has ventured into sustainable investing.
Wilmar eyes approval for China IPO bid in 2020
They are still awaiting approval from Chinese regulators.
Daily Briefing: Carousell's value surges to $850m after merger; HR exec salaries to hit $300,000 in 2020
And Cocoon Capital leads the $1m seed funding for SaaS-based security firm GuardRails.
Daily Markets Briefing: STI down 1.16%
YZJ Shipbuilding saw the sharpest decline amongst top active stocks with a 2.45% drop.
Chart of the Day: Share of condo units sold to HDB upgraders fell to 30%
Sales volume of buyers with HDB addresses fell 3.4% to 1,232 units.
CDL, CapitaLand to redevelop Liang Court
Ascott Reit will rebuild 13,034 sqm out of the Liang property for a partial sale of $163.3m.
CapitaLand sells The Star Vista to Rock Productions for $296m
The mall comprises three levels of retail space with an NLA of 162,500 sqft.
SPH REIT to raise $161.5m via private placement
Net proceeds will be used to fund a shopping centre acquisition in Australia.
SIAS worries over Utico's last-minute changes on Hyflux deal
They hope that the outcome will benefit holders of the perpetual securities and preference shares.
GDP to grow 0.5-1% in 2019: MTI
Manufacturing performed better than expected in Q3.
NODX decline narrows to 9.6% in Q3
It is projected to further slide between 10% to 9.5%.
Daily Briefing: Three in four students expect starting pay of over $3,000; EPS to co-launch global maritime accelerator
And Taiwan’s cloud provider CloudMile plans to enter Singapore in 2020.
Chart of the Day: RCR takes up bigger share of sold new condos priced above $3m in Q3
The recently launched Avenue South Residence sold 26 units sized 1,000-1,500 sqft.
Daily Markets Briefing: STI down 0.28%
CapitaLand led the gains amongst top active stocks with a 0.3% climb.
Billionaires invest $46m in Australian solar farm connecting to Singapore
The 4,500km transmission network is set to be the world’s longest high voltage cable.
IHH Healthcare denies collusion with former Fortis owners
Its subsidiary only acquired shares after the exit of its erstwhile owners.
Senoko Energy denies seeking loans to weather oversupply issues
It said it has explored the possibility with EMA but currently sees no need for it.
Commentary
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Why AI blocklists give Singapore firms a false sense of security
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Rethinking fleet ownership in a changing business landscape