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SPH Reit to take stake in second Australian mall for A$670 million

SPH Reit plans to take a half-stake in a shopping centre Down Under for A$670 million (S$627.9 million), to be funded by proceeds from a recent perp issue plus debt and/or equity fund-raising, in a deal with Lendlease Real Estate Investments inked on Thursday.

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SEEDS Capital to pump more than S$60m into maritime tech startups with co-investors

ENTERPRISE Singapore's investment arm SEEDS Capital has launched a call for co-investor partners to catalyse close to S$60 million worth of investment in early-stage maritime tech startups. The call for partnership was launched together with the Maritime and Port Authority of Singapore.

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Singapore stocks extend gains on Thursday, rising 0.7%

THE Straits Times Index extended gains, rising 23.03 points or 0.71 per cent to 3,285.72.

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More smaller firms still have IDs who served more than 9 years: survey

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E-commerce may boost Thailand SMEs’ income and reach

Bricks-and-mortar vendors in Thailand saw receipts from both online and offline sales increase after adopting e-commerce, a survey has found.

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Two ground-floor shop units at Alexis in Alexandra Road for sale at S$10m

TWO freehold ground-floor units with F&B potential located at mixed-use development Alexis in Alexandra Road are up for sale at an indicative price of S$10 million, said marketing agent CBRE on Thursday.

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Malaysian consumers set to fuel furniture boom

Spending on household goods is expected to hit 55.6 billion ringgit (S$18.1 billion) by 2023, according to Fitch Solutions research.

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WeWork was more black swan than unicorn for SoftBank

SoftBank Group Corp's WeWork debacle is unlikely to be repeated. It also means that for the Vision Fund to deliver venture capital-size returns, it'll need to rely on singles and doubles instead of hitting home runs.

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How can the land of K-pop fail to innovate?

South Korea is the land of foldable phones, K-pop and beauty creams. But somehow its best and brightest are missing out on the hottest innovation trends.

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Singapore stocks: STI resumes Thursday afternoon up 0.02% on day

SINGAPORE stocks reversed course to resume trading in positive territory on Thursday afternoon, with the Straits Times Index gaining 0.02 per cent, or 0.5 point to 3,263.20 as at 1.02pm.

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