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2016 investment commitments slip to S$9.4b but still on target | Grab goes big on Indonesia with US$700m road map

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businesstimes.com.sg

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Thu, Feb 2, 2017 11:47 PM

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If this e-mail is not displayed properly, click INVESTMENT commitments in Singapore last year were o

If this e-mail is not displayed properly, click [here.] [View In Browser] FRI, FEB 3, 2017 Get Briefed Daily EDITOR'S CHOICE [2016 investment commitments slip to S$9.4b but still on target] INVESTMENT commitments in Singapore last year were on target - though they fell from 2015 and were the lowest in recent years, said the Economic Development Board (EDB) on Thursday. [Grab goes big on Indonesia with US$700m road map] GRAB will be investing US$700 million in Indonesia over the next four years - the largest investment the ridehailing app has made in a single country, The Business Times has learnt. The sum is in fact nearly half what Grab has raised in total private equity and venture capital (US$1.43 billion) since its incorporation in 2012. [Reits must be consistent in how they compute rental reversions] THE recent disclosures by Keppel Reit revealing inconsistencies in how it computed rental reversions last year have raised the question of whether there is a need for a prescribed standard for the industry. [Lifestyle] [Engaging our four-legged friends] [Cuban art now] [Sound cooking that could use a light hand] [Breaking News] [Companies & Markets] [Sabana Reit to undergo strategic review by sponsor, manager] [Oxley acquires 25.5% interest in Pindan Capital Berry for A$3.8m] [Real Estate] [Sabana Reit to undergo strategic review by sponsor, manager] [Oxley acquires 25.5% interest in Pindan Capital Berry for A$3.8m] [Banking & Finance] [US dollar rebounds on dip-buying, ruble surges on adjusted Russian sanctions] [Frankfurt takes early lead in race for Brexit banks] [Energy & Commodities] [Oil edges down as market downplays US-Iran missile test dispute] [EU set to approve ChemChina's US$43b bid for Syngenta] [Technology] [Viber's new CEO has plans to beat WhatsApp] [Japan court rejects 'right to be forgotten' on Google] [Consumer] [Ralph Lauren CEO to step down after disagreements with founder] [Sony halves forecast as yen, movie unit hammer profit] [Transport] [South Korean court to declare Hanjin Shipping bankrupt] [Daimler gives tepid 2017 profit outlook amid spending push] [Government & Economy] [Full employment may be redefined as Trump attacks benchmark] [US dollar rebounds on dip-buying, ruble surges on adjusted Russian sanctions] [Life & Culture] [Is there a bacon shortage in the US? No, there isn't] [Sharapova boxes as return nears] [Stocks] [US: Stocks end flat ahead of January jobs data] [Europe: Shares fall weighed down by poor earnings; Reckitt up] [Today's Paper] Premium Content [Top Stories] [2016 investment commitments slip to S$9.4b but still on target] [Observers expect CFE report to be 'big picture' of economy's revamp] [Drives, kicks and more with the BT Weekend] [Companies & Markets] [SGX maritime & offshore index rebounds nearly 20% from trough] [AusGroup wraps up sale of Singapore assets] [Corporate digest] [Real Estate] [Judge orders Trump-owned golf resort to pay millions] [Poisoned by the house that the government gave me] [Banking & Finance] [Rising bad debt fears: MAS says local banks have adequate buffers] [Merchants step up online fraud protection as data theft rises] [Deutsche Bank misses estimates as client jitters hit trading] [Energy & Commodities] [Trump uncertainty stokes demand for gold] [Shell outpaces Exxon in Q4 with US$1.8b profit, strong cashflow] [Mining giants starting up exploring again, preparing for upturn] [Technology] [Facebook surges past forecasts as user base grows, revenue swells] [Samsung Elec may build US plant for home appliances] [Defending your home from Internet hijackers] [Consumer] [British startup's huge loss casts doubt over Tabcorp's growth strategy] [Sony cuts FY outlook again as film writedown hits quarterly profit] [Panasonic upgrades full-year outlook on yen's weakness] [Transport] [Grab goes big on Indonesia with US$700m road map] [Airbus planemaking chief moves to new HQ in show of unity] [Qantas, Jetstar Asia add 142 codeshare services] [Government & Economy] [2016 investment commitments slip to S$9.4b but still on target] [Observers expect CFE report to be 'big picture' of economy's revamp] [US Fed holds rates unchanged, still sees 'gradual' hikes] [Opinion] [India's cautious budget has pluses, but falls short on bank reform] [The HSR project - a complex jigsaw puzzle] ['Alternative facts' a threat to US economic policymaking] [Life & Culture] [Drives, kicks and more with the BT Weekend] [Food & Drink] [Sound cooking that could use a light hand] [When wine collection becomes a provident fund] [Arts] [Progress vs tradition redux, 14 years on] [A play that salutes teachers] [#BuySingLit asks readers to support local books] Follow Us [Facebook] [Twitter] [Linkedin] [Subscribe Now] [Click Here] Or Call CALL 6388 3838 Download The BT Apps [About Us] [Contact Us] [Help] [Terms & Conditions] [SPH Websites] [Data Protection Policy] If you want to unsubscribe from this mailing list, [click] here.

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