Singapore Wrap Thursday

Today's notable headlines

Published Thu, May 21, 2015 · 12:00 PM

Government announces new collaborative industry projects for SMEs

More than 400 small and medium enterprises (SMEs) across multiple industries in Singapore will benefit from better access to technology innovations and new digital marketing channels, thanks to Spring Singapore's five new collaborative industry projects (CIPs) announced by Minister of State for Trade and Industry Teo Ser Luck on Thursday.

Digital Realty Trust plans second data centre in Singapore

NYSE-listed data solutions provider Digital Realty Trust (DRT) said on Thursday it will soon launch its second data centre in Singapore, in which it expects to invest over US$200 million depending on ultimate customer configuration, density and scope.

Bootcamp brings together top local and international online video creators

Maker Bootcamp, a two-day workshop held in Singapore for participants to learn how to create compelling videos, promote content via social media and build an online brand to attract a fan base, concluded on Thursday.

Manulife plans US$450m IPO of US assets in Singapore: sources

Canada's Manulife Financial Corp is seeking to list some of its US property assets in Singapore in the second half of the year in an initial public offering worth US$450 million, two people familiar with the deal said.

SGX finds Xpress, ex-chairman broke disclosure rules; issues warnings

Xpress Holdings and its then-chairman broke listing rules in 2014 by not disclosing in a timely fashion winding-up actions that were taken against the company or its subsidiaries, the Singapore Exchange (SGX) has found.

Singapore: Trading of GLP parcel provides main feature in another ho-hum day

THE Straits Times Index (STI) on Thursday gained 0.18 of a point to 3,439.86. The market's turnover stood at 2.1 billion units worth S$2.21 billion. Losers outnumbered gainers 225-to-186.

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