Singapore Business Review

Daily Markets Briefing: STI down 0.03%; Top stock is Seatrium
Seatrium is the top stock despite an 8.989% decrease.
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.
Singlife joins Sumitomo Life as a fully-owned subsidiary
Sumitomo Life acquired Singlife for $4.6b.
OrangeTee undergoes brand refresh after 24 years
The rebranding includes a new logo, slogan, and website, amongst others.
NODX to expand by 6.0% in 2024
Economists said base effects will drive recovery in NODX.
BioNTech joins Biologics Pharma Innovation Programme Singapore consortium
The consortium aims to grow Singapore’s capabilities in biologics manufacturing.
SG and HK judiciaries ink MOU on family justice system cooperation
The MOU will streamline access to justice for both jurisdictions.
Yangzijiang Financial restructures, eliminates Chief Risk Officer role
The firm will re-assign its current CRO to Cash Management operations.
Portfolio of 8 HDB shophouse units on sale for $19.5m
The units are in three different locations.
SATS unit divests aircraft fueling business for US$46m
It was sold to a private direct investment firm.
Great Eastern Holdings and Great Eastern Life issues $2b euro medium-term notes 
The notes may have fixed or floating rates or none at all.
Trustee-manager of Dasin Retail Trust hits back at former CEO and creditor with legal suit
The former CEO and creditor earlier filed winding-up applications against the trustee manager.
NoonTalk Media forges partnership with Taiwanese entertainment company
The partners will promote Gen Z artists from Taiwan and Singapore.

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Exclusives

Exclusives

Markets & Investing 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.’
Commercial Property What Singapore’s property developers can learn from Japan’s Azabudai Hills
The US$4b development seeks to become an international hub for foreigners and VCs.
UOB’s Christine Ip reflects on 3-decade banking career and circling back to the arts
Ip believes that finance and creativity go hand-in-hand in building a holistic pool of talents in UOB.
Financial Services Citi’s Shally Koh on how to foster a more diverse banking organisation
The bank is touting its male allyship and mother support programs as part of its bid for gender equality.
OCBC’s Mayda Lim in building the next pipeline of tech, banking talent
Lim weaves the need to support women bankers with the wider talent shortage in the industry.
Older office buildings adopt open protocol systems for energy management
Experts also point to usage of building management systems for energy-saving opportunities.
Commercial Property 3 cool building strategies that mitigate the rising heat in Singapore
Singapore’s warming rate is double the global average at 0.25 degrees Celsius per decade.

Top News

Daily Markets Briefing: STI down 0.03%; Top stock is Seatrium
Seatrium is the top stock despite an 8.989% decrease.
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.
Singlife joins Sumitomo Life as a fully-owned subsidiary
Sumitomo Life acquired Singlife for $4.6b.
OrangeTee undergoes brand refresh after 24 years
The rebranding includes a new logo, slogan, and website, amongst others.
NODX to expand by 6.0% in 2024
Economists said base effects will drive recovery in NODX.
BioNTech joins Biologics Pharma Innovation Programme Singapore consortium
The consortium aims to grow Singapore’s capabilities in biologics manufacturing.
SG and HK judiciaries ink MOU on family justice system cooperation
The MOU will streamline access to justice for both jurisdictions.
Yangzijiang Financial restructures, eliminates Chief Risk Officer role
The firm will re-assign its current CRO to Cash Management operations.
Portfolio of 8 HDB shophouse units on sale for $19.5m
The units are in three different locations.
SATS unit divests aircraft fueling business for US$46m
It was sold to a private direct investment firm.
Great Eastern Holdings and Great Eastern Life issues $2b euro medium-term notes 
The notes may have fixed or floating rates or none at all.
Trustee-manager of Dasin Retail Trust hits back at former CEO and creditor with legal suit
The former CEO and creditor earlier filed winding-up applications against the trustee manager.
NoonTalk Media forges partnership with Taiwanese entertainment company
The partners will promote Gen Z artists from Taiwan and Singapore.

Exclusives

Markets & Investing 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.’
Commercial Property What Singapore’s property developers can learn from Japan’s Azabudai Hills
The US$4b development seeks to become an international hub for foreigners and VCs.
UOB’s Christine Ip reflects on 3-decade banking career and circling back to the arts
Ip believes that finance and creativity go hand-in-hand in building a holistic pool of talents in UOB.
Financial Services Citi’s Shally Koh on how to foster a more diverse banking organisation
The bank is touting its male allyship and mother support programs as part of its bid for gender equality.
OCBC’s Mayda Lim in building the next pipeline of tech, banking talent
Lim weaves the need to support women bankers with the wider talent shortage in the industry.
Older office buildings adopt open protocol systems for energy management
Experts also point to usage of building management systems for energy-saving opportunities.
Commercial Property 3 cool building strategies that mitigate the rising heat in Singapore
Singapore’s warming rate is double the global average at 0.25 degrees Celsius per decade.

Join the Singapore Business Review community