Markets & Investing
GIC partners with GLP to launch US$2b China fund
GIC partners with GLP to launch US$2b China fund
It will focus on income-generating logistics facilities in China.
EDBI and GIC join US$100m funding for UK-based fintech firm
ACORN machine opened its regional office in Singapore.
Daily Briefing: GIC not worried about emerging market woes; Grab sees revenue doubling to US$2b in 2019
And two adjoining Amoy Street conservation shophouses up for sale at $50m.
Singaporeans grew portfolios in Europe with US$3.4b investment in H1
This led Singapore to be the most active in Asia for outbound investment.
Daily Briefing: Malaysia and Singapore to postpone HSR for two years; Transport minister says old HDB unit prices can still increase in 10 years
And US accelerator eyes travel and hospitality vertical for Singapore startups.
Grab eyes US$1b additional funding for 2018
This would be on top of the US$2b they secured in earlier funding rounds this year.
Two in 5 startup builders in SEA prefer to launch in Singapore
They are keen on access to capital and the quality of a startup ecosystem.
Singapore is the top recipient for start-up funding in SEA
Startup funding for the Lion City hit $7.23b in 2017 alone.
Daily Briefing: SMRT taps NTU to launch $60m lab for rail improvement; Grab to invest US$250m in Indonesian startups
And Temasek leads US$50m funding for US technical support firm.
Chart of the Day: First-time Asian bond issuances in Singapore hit $27.4b in 2017
They mainly came from Australia, China, India, Korea and ASEAN.
OCBC issues A$500m senior floating rate notes due 2021
It will be rolled out by 6 September.
Singapore lags Thailand in corporate disclosure practices
But companies’ disclosure rates improved from 47% to 55% in just two years.
Daily Briefing: HDB eyes to sell build-to-order flats in Punggol Point District; SGX taps US firm to lure US companies to list in Singapore
And Singapore-based startup Travelstop launched with US$1.2m seed fund.
Nikko AM offers new Corporate Bond ETF
It has garnered about $83m of initial assets under management by the end of the subscription period.
Daily Briefing: PM Lee says nearly every household owns ‘substantial' home asset; Lazada to offer loans for its Singapore partners
And a Sentosa Cove bungalow is sold for $33.3m.
Perennial prices additional $10m notes at 5.95%
It will be consolidated as a single series with the $170m existing notes.
Corporate compliance in Singapore is the second easiest in Asia
The city continues to simplify and streamline its processes, a study says.
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