News
SGX RegCo alters two voluntary delisting rules
SGX RegCo alters two voluntary delisting rules
Offerors and concert parties must abstain from voting on the delisting resolution.
Court convicts three individuals for insider trading
The individuals carried out a front-running arrangement over a seven-year period, resulting in profits of $8.07m.
Daily Markets Briefing: STI up 0.33%
Singtel led the gains after its stock grew 1.16%.
Daily Briefing: Dyson founder snaps up Singapore's priciest apartment for $73.8m; Logistics startup Ezyhaul bags $21.8m in series B funding
And fintech Asenso Tech secures $1.6m investment.
Chart of the Day: GCB sales crashed 45.3% to $211.9m in H2
Its median unit price also fell 25.8% to $1,166.
Pinterest opens Singapore office
This is its second office in the region after launching in Tokyo in 2013.
Condo rents up 1.9% in June
Rents in the CCR led the increase at 2.7%.
Binance and Vertex Ventures set up fiat-to-crypto platform
It will provide real-time, 24/7 SGD deposit and withdrawal functionality via the Singapore FAST electronic funds transfer system.
SGX derivatives total grew 17% YoY to 20.8 million contracts in June
Securities daily average value gained 5% to $1.2b.
Residential project pipeline to boost construction industry 3.2% in 2019
Five more BTO projects are scheduled for launch by the end of the year.
Mapletree Industrial Trust to undertake largest redevelopment project for $263m
It will add a build-to-suit facility to its Kolam Ayer 2 Cluster for a global medical device firm.
How GoBear makes financial comparison easy for the everyday consumer
Its platform matches users with financial products, including insurance, credit cards, and trade financing.
Deliveroo opens Asia Pacific hub in Singapore to support regional operations
It currently has close to 20 employees that will work on tasks like cross-border partnerships and recruitment.
Five top-performing retail REITS averaged YTD total return of 31.5%
Lippo Malls Indonesia Retail Trust saw the highest total return of 37.2%.
Resale condo prices up 1.6% in June
The number of units resold crashed 41.8% YoY to 666.
CapitaLand secures $300m sustainability-linked loans
It will be used for green projects and general corporate purposes.
Chart of the Day: Posh home sales down 27.3% to 104 units in H1
Sales of luxury homes valued above $5m and good class bungalow both fell.
Commentary
What matters for Singapore’s AI future is consistency, not brilliance
The AI pilot worked. Now comes the real test
Are Singapore startups’ employee incentive plans still competitive?
Singapore’s small exporters need credit that matches their payment cycle
The hidden realities of succession for next-gen heirs
In Asia, fintech leaders must compete on credibility
F1 on a gravel road: Why AI is still stuck in first gear
Why AI blocklists give Singapore firms a false sense of security
When scale arrives before proof: Singapore’s capital allocation question in Southeast Asia
Rethinking fleet ownership in a changing business landscape