Markets & Investing
Singapore and Sichuan firms team up for business deals
Singapore and Sichuan firms team up for business deals
Amongst the deals is the establishment of the Singapore Innovation Centre for SMEs in Sichuan.
Surbana Jurong Capital and Mitsubishi forms US$500m fund for urban developments
The JV will gear towards projects like rail-related developments and affordable housing.
Singapore firms led US' investments in Asia in 2017
Investments grew 7.41% to US$274.26b, surpassing China and Japan.
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.