News
Daily Briefing: QR code parking system for shared bicycles to launch in 2019; Home sales volume could bounce back in September
And Grab to keep redemption rates beyond September.
Singapore is fifth most visited city in the world
Visitors stayed for 4.3 nights and spent an average of $391 per day.
Tuas South Link industrial site launched for tender
It has a site area of 5,953.3 sq m.
Noble agrees to exchange $31.7m notes from embattled Australian mining firm for cash and shares
They will get $11.78m, new shares and options from Sundance.
Singapore placed 13th in human capital investments: study
It has beaten both Japan and US that clinched the 14th and 27th spots, respectively.
Investors ditch developer stocks for REITS
Property stocks fell 5.4% whilst REITS rose 0.7% since the cooling measures in July.
Keppel's maiden Nanjing project could boost 2019 earnings
It could see faster monetisation compared to past China buys.
Daily Briefing: Grab required to go back to pre-merger pricing algorithms; Prudential hires former Goldman Sachs' top SEA banker
And NTUC FairPrice halts Australian strawberry imports.
Daily Markets Briefing: STI up 0.05%
Don't expect gains today.
Chart of the Day: Outbound M&As jumped 13.7% to $24.15b in September
Germany is the most targeted nation for Singapore oversea deals.
MAS unveils latest enforcement monograph
It explains the agency’s investigative powers over the financial sector.
Non-exclusivity conditions should also be imposed on taxi operators: Grab
Grab also said that they are committed to 'fair pricing'.
M&A activity drops 18.5% to US$54.3b YTD
Deal size shrank from US$129.1m to US$113.4m.
Singapore's inflation in line with expectations at 0.7%
Thanks to the smaller decline in accommodation costs.
CCCS slaps $13m fine on Grab and Uber over ‘anti-competitive' merger
Grab will have to pay $6.58m whilst Uber will be fined a slightly lower amount of $6.42m.
Wheelock Properties' privatisation offer extended to 2 October
The offeror also signalled that it was investors’ final chance to accept the offer price of $2.10.
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