Markets & Investing

Singapore ranks 7th globally for innovation and talent

Testamtent to this is the over $8b capital Singapore VCs injected to generative AI.

Singapore tops SEA in tech funding with US$604M in 1Q24

Homegrown Capillary had the highest funding round during the period.

Daily Markets Briefing: STI down 0.85%; Top stock is Yangzijiang Shipbuilding

Yangzijiang Shipbuilding is the top stock with a 3.24% increase.

SGX to refine rules on default loss exposures

The proposed cap aims to provide certainty.

Singapore joins top 20 economies in investment appeal

Economies with the highest GOI scores were all high-income advanced economies.

Amsterdam’s Bouwinvest pours US$75m into CLI’s lodging private fund

The private fund has a target equity size of $800m (US$596.04m).

Starwood acquire 10.7% stake at ESR Group

ESR Group has $156b worth of assets under management.

Second Chance Properties warns of ‘significant’ decline in net profit

The company had unrealised foreign exchange losses in 1H24.

Manulife US REIT taps John Casasante as CEO and CIO

Casasante’s appointment is still subject to regulatory approval.

Singapore deal activity falls 13.2% YoY in the first 2 months of 2024

In the whole of APAC, deal volume declined by 19.6% YoY.

Venture capitalists sharpen focus on targeting startups’ profit paths

Deal activity in Asia Pacific fell 26.3% YoY in 2023, but an expert suggests that years after a ‘bad year’ are always ‘exceptionally good.’