Daily Debrief: What Happened Today
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Australian housing poised to woo Singapore property investors again
DEMAND for real estate Down Under from investors in Singapore and the rest of Asia could revive in the coming months, primarily spurred by the upcoming full reopening of Australia's borders.
SINGAPORE fintech investments for H2 2021 have hit a 5-year high of US$3.9 billion, up 59 per cent from US$2.5 billion according to consultancy KPMG's Pulse of Fintech report.
South-east Asian F&B startups raised record US$461m in 2021
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STARTUPS in South-east Asia's food and beverage (F&B) scene bagged US$461 million in venture funding across 49 deals last year, the highest level in the past decade, according to a report released on Tuesday (Feb 8) by Indonesian early-stage investor Alpha JWC Ventures.
ComfortDelGro announces first taxi fare hike in 10 years
COMFORTDELGRO will increase its taxi fares for the first time in 10 years from Mar 1, 2022, it said on Tuesday (Feb 8).
MBS to undergo revamp in US$1b reinvestment programme
MARINA Bay Sands (MBS) announced plans to reinvest US$1 billion in upgrading its existing property as part of its parent company Las Vegas Sands' ongoing programme to enhance the design and customer experience across its Singapore and Macau properties.
Keppel Infrastructure Trust to invest US$250m in US$15.5b Aramco pipeline deal
THE trustee-manager of Keppel Infrastructure Trust (KIT) is investing US$250 million in a BlackRock-led consortium that will acquire a 49 per cent stake in Aramco Gas Pipelines Company, a unit of Saudi Arabian Oil Company (Aramco) that holds 20-year leasing rights for Aramco's gas pipelines network.
The STI today
Singapore stocks book gains for second consecutive trading day, STI up 1.1%
LOCAL shares advanced further on Tuesday (Feb 8), as traders shrugged off inflation fears and worries of US Federal Reserve interest rate hikes.
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