SG Morning Highlights | OUE Healthcare Forms Alliance with Shanghai Hospital to Enhance Patient Services

Advancers / Decliners is 94 to 86, with 184.02M million securities worth S$152.61M million changing hands.

Singapore has solidified its position as the leader in tech startup funding within Southeast Asia for the first nine months of 2024, capturing a substantial 62% of the region's total $2.3 billion in investments, as reported by Tracxn. This leadership is followed by Jakarta which contributed 14%, Bangkok at 12%, and Taguig at 3%, with the remaining 9% dispersed among other cities in the region. Key players driving this growth include ANEXT Bank, Superbank, and Ascend Money. Since 2017, Singapore has consistently been at the forefront in this sector, with its peak contribution reaching 50% of the $14.5 billion total funding in 2021, marking the highest in the last eight years. For more insights and community interaction, consider joining the Singapore Business Review community.

APAC Realty has entered into a strategic partnership with US-based NexUS Global Realty, signing a memorandum of understanding (MoU) to enhance cross-border real estate transactions, strengthen agent-investor relationships, and create new opportunities for clients in both the Asia-Pacific and North American regions. Under this MoU, NexUS Global Realty will utilize its expansive network across 50 states to link US-based buyers with APAC Realty’s comprehensive property listings across 13 countries and territories in the Asia-Pacific. Conversely, APAC Realty will provide market insights and property listings to help NexUS attract investors interested in Asia-Pacific properties.

Additionally, NexUS will serve as the gateway office for ERA Franchise Systems, which will offer transaction support and value-added services across both regions. The partnership also includes educational webinars on cross-border transactions and the use of advanced technology platforms to facilitate seamless interactions between the regions, leveraging APAC Realty’s exclusive regional master franchise rights for ERA across 17 Asia-Pacific countries and territories.