News
SG and India collaborate to use technology for enhanced access to justice
The two markets signed two deals to promote bilateral judicial cooperation.
Singapore’s investment banking fees decline on fewer M&As
Banks also recorded lower DCM fees compared to the first nine months of 2022.
Daily Markets Briefing: STI up 0.33%; ThaiBev is top stock
ThaiBev closed trading at 5.36% up.
Debt capital markets activity drops 28% YoY in 9M23
Singapore also marked its lowest first nine-month total since 2015.
StorHub bags $180m sustainability-linked loan
It is Asia’s first sustainability-linked loan in the self-storage sector.
SG emerges as the world’s leading source of capital investment
The country’s cross-border capital investment reached US$21.8b in 1H23.
DPM Lawrence Wong named deputy chairman of GIC
He has served as GIC director since 1 November 2018.
Singaporeans are least likely to follow influencers amongst Southeast Asian peers
Only 39% of Singaporeans follow influencers.
Seven in 10 CEOs say businesses not doing enough to address AI consequences
An EY study showed that more than half of CEOs want to focus on ethical AI.
Inflation eases to 4.0% in August
MTI attributed the moderation to lower core and accommodation inflation.
SingPost to accept FedEx parcels in trial period
It will accept e-commerce dedicated parcels.
Competition commission greenlights Fujifilm-CMC Materials KMG Corporation merger
The commission cited four reasons for its financial assessment.
CapitaLand divests four properties in France for $64.7m
The divestment is part of CLAS’ ongoing efforts to enhance its portfolio.
SG and other Asian economies record a rise in GenAI startups
More than $956m was invested and may see an increase.
Frasers Centrepoint Trust sells 143.89 million shares in Hektar REIT for $37.4m
Following completion, FCT will only hold 2.12% of total units in the REIT.
ST Engineering taps Savills for airframe maintenance facility in Changi Creek
Savills will be part of the Multi-Disciplinary Consultancy Team for the project.
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