Singapore
European Central Bank becomes anchor tenant at CapitaLand's Frankfurt building
European Central Bank becomes anchor tenant at CapitaLand's Frankfurt building
The Grade A office tower is to house ECB under 10-year lease agreement.
Far East Orchard ventures into Scotland with Glasgow land purchase
The acquisition signals OSDL's entry into Scotland's student housing market, reinforcing its PBSA growth strategy.
MOF proposes $100,000 fines for non-compliant CSPs
Penalties for breaches of obligations related to various registers will be increased.
Local business sentiment at its most optimistic since 2023: study
Businesses are more optimistic about the sales volumes and their net profits for the quarter.
Daily Markets Briefing: STI up 0.1%; Top stock is UOB
UOB is the top stock with a 0.035% increase.
SGX derivatives trade volume climbs 24% in February
SGX MSCI Singapore Index Futures volume gained 10% YoY.
Yestar Healthcare cancels US$197.86m senior notes issue
Redemption date for the senior notes is on 13 March 2024.
MOH to review healthcare financing schemes
MOH will expand the MediShield Life coverage and provide more subsidies to community hospitals.
Royal Square’s sixth floor for sale at $44.28m
Foreigners and companies can purchase with no additional ABSD or SSD.
SGX to launch interest rate derivatives in H2
These features link Singapore and Japan’s interest rate derivatives.
CICT logs $48m average daily turnover in Jan-Feb 2024
Over 250 SGX-listed stocks saw net institutional inflows in 2024 year-to-date.
Olam Food Ingredients secures $665m SACE-backed financing
The facility includes a five-year US$250 million tranche and a seven-year JPY37.38 billion tranche (US$250m).
Koh Brothers Eco Engineering seeking new sponsor post Stamford exit
SCS formally informed the company of its intent to end the sponsorship, effective from 28 May.
DCS Card Centre secures add’l $100m upsize in asset-backed notes
The funds will be allocated to finance DCS's receivables from retail and corporate customers.
Silicon Box to build a $4.8b semiconductor facility in Italy
The facility is expected to create up to 1,600 jobs.
Workforce SG to entrust 12 career centres to NTUC’s employment institute
This will expand NTUC’s career services provision to support workforce development in Singapore.
Nearly half of workers rate excellent productivity in a coworking space: survey
31% preferred coworking spaces compared to 23% at home.
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