News
Temasek prices US$1.35b bonds at 72 bps over Treasuries
Temasek prices US$1.35b bonds at 72 bps over Treasuries
Investors will be paid every six months, at a coupon rate of 3.625% per annum.
Suntec REIT bullish amidst office rents upturn
Suntec City's relatively lower rents of $10 to $11 psf/month could lure more tenants.
4 in 5 Singapore SMEs eye expansion in the ASEAN
2 in 5 firms target Indonesia for further expansion.
Temasek leads US$85m funding round for US fitness startup
ClassPass targets expansion in Southeast Asia.
Crown Group's Indonesian business targets Singapore listing
CEO Iwan Sunito cited easy access to capital for end-buyers’ home purchases.
Chart of the Day: Singapore and Malaysia face slumping bilateral trade
The postponed HSR project caused a strain in the countries' bilateral trade relations.
Daily Briefing: LTA buys 66 new trains for $1.2b; SGX and NSE patch wounds for GIFT City talks
And co-living rental startup Hmlet buys its Hong Kong competitor.
Daily Markets Briefing: STI up 1.04%
Expect muted gains today.
Anchorvale Crescent to be tendered at $255m minimum
HDB accepted a developer’s application for the site at an “acceptable” amount.
Singapore and South American customs union work on free trade agreement
Singapore and MERCOSUR countries' trade in goods reached $3.97b in 2017.
URA allows business operations in some Tiong Bahru residential sites
They will address infringement cases of businesses operating in residential sites without approval.
Singaporeans ditch bank visits to go mobile
Mobile banking usage has now overtaken branch visits by 15%.
Mapletree Industrial Trust's NPI up 1.9% to $69.46m in Q1
Its average portfolio occupancy fell to 88.3% from 90% in Q1.
Temasek to launch 10-year US dollar bond offering
Only qualified institutional investors and buyers inside and outside the US can buy the bonds.
Half of middle-market firms target 6-10% growth in 2018: EY
But slow cash flow and global growth challenge these ambitions.
Fincantieri extends Vard Holdings' exit offer to 8 August
The deal is now unconditional.
Suntec REIT's NPI up 2% to $123.7m in H1
Its properties yielded high committed occupancy rates.
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