Singapore
Daily Markets Briefing: STI down 0.22%; HongkongLand is most active stock
Daily Markets Briefing: STI down 0.22%; HongkongLand is most active stock
HongkongLand closed trading at 4.04%.
SG consumers’ app spending rises to US$151.27m in 3Q23
App spending rose by US$3.73m within a year.
Games fuel mobile spending in Singapore
Singaporeans spent over US$100m on mobile games in 3Q23 alone.
MAS teams up with BIS, Swiss and France central banks to test wholesale CBDCs
Project Mariana used DeFi technology concepts on a public blockchain.
August shows sluggish residential price performance
The overall SRPI in July was 1.1%.
Boustead Singapore seeks extension to furnish exit offer proposal
It will provide the details after the release of its 1H24 results.
11 Claymore Road up for sale and redevelopment for $95m
The site can be redeveloped to up to 36 storeys, with a total GFA of 53,848 sqft.
No Signboard submits revised trading resumption proposal to SGX
Trading of the company’s shares has been suspended since 24 January 2022.
Conservation Shophouse at Tanjong Pajar for sale at $14.6m
The shophouse sale will be conducted through Expression of Interest.
SG climbs to 5th rank in 2023 Global Innovation Index
It is now the highest-ranking Asian market in the index, beating South Korea.
Heads up Singaporeans: Water bills rise to 50 cents per cubic metre in phases over 2 years
Three in four homes will see an increase of less than $10 monthly in water bills.
SGX adjusts conversion price of €240m convertible bonds
The adjusted conversion price will be $12.0532.
IP Injunction withdrawn but No Signboard to pay $6,500 to GuGong: High Court
GuGong will receive $6,500 from No SignBoard with reasonable disbursements.
ARA H-REIT to refinance $370m loan facilities
The company and its subsidiaries underwent amendments in a facility agreement.
Offer to take LHN Logistics private closes with 99.14% acceptances
Following the close of the offer, LHN Logistics will be delisted from the Catalist Board of SGX-ST.
OUE Healthcare declares unconditional its offer to delist Healthway Medical
It has received valid acceptances amounting to 2,289,294,145 shares.
EC World REIT defers payment to unitholders over insufficient cash
The property investment firm is working with the sponsor group.
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