Singapore

A key deal is CDL’s acquisition of 51.01% stake in Sincere Property Group for $880m.

They are expecting job creation to be slower in H2.

This was made to support an increased cross-border shipment.

Users buying from Fave’s partner merchants will receive up to 20% instant cashback.

This will cover additional 22,000 students.

It is currently 96% let to multiple tenants.

Recruiters say that the barriers to entry are mounting.

Demand for retail space also reached the highest contraction since 2011.

Wilmar has option to enter into a SORA interest rate swap.

High-tech industrial sites led the decline.

Medtecs International led the gains amongst top active stocks with a 9.86% expansion.

Demand for pharmaceutical stocks is expected to remain strong throughout 2020.

And Equis has sold two biomass projects to Tokyo Gas.

When COVID-19 struck, people were looking for masks, gloves and toilet paper. But for enterprises, they were demanding data network, and lots of it – to ensure their connectivity remains strong for remote work collaboration. Telstra’s business is to connect the world to Asia, and Asia to the world; our network – including the largest subsea cable network in the Asia- Pacific region – was the very first to see these data demands. Our international network sees a dizzying amount of traffic on any given day, but the increase in data being sent back-and-forth during COVID-19 is truly massive. The demands for data have spiked significantly, seemingly overnight, by up to 50%.

They will be starting with Singtel Home Protect which covers telco and housing bills.

It will take effect from 29 August.