Singapore
Far East H-Trust's NPI dipped 1% in Q4 to $26.1m
Far East H-Trust's NPI dipped 1% in Q4 to $26.1m
Meanwhile, quarterly revenues inched up 0.1%.
Keppel's associate Floatel halts proposed merger
The companies viewed that any near-term merger was unlikely.
Bharti Airtel could counter Singtel's enterprise business: analysts
Its India unit is projected to add $500 to its FY2021 profits.
OCBC offers support measures to customers
It will provide a moratorium on principal repayment for loans.
SATS' profits fell 13.9% to $59.3m in Q3
The group’s expenditure soared amidst consolidations of its subsidiaries.
Daily Briefing: Government to offer $77m support for taxis; Neil road conservation shophouses for sale
And a Fu Lu Shou complex office portfolio has been launched for sale via EOI.
Daily Markets Briefing: STI down 0.1%
Genting Sing led the gains amongst top active stocks with a 1.14% expansion.
60% of F&B businesses are not prepared for COVID-19
Restaurants are expecting revenue to be halved in the next three months.
Chart of the Day: Freehold shophouse prices slipped 16.5% in 2019
Buyers were less willing to commit to freehold shophouses at higher unit prices.
RAS urges landlords to ease F&B rents
Jewel Changi was the first to respond, as they will cut rents by 50%.
DBS extends COVID-19 liquidity relief to SMEs, retail clients
Principal repayment moratoriums are available to those with good repayment histories.
CapitaLand launches $10m marketing assistance amidst outbreak
It will also implement flexibility to operate shorter store hours for retailers.
SIA Engineering acquires 49% stake in PAES for $3.38m
PAES’ stations will complement SIAEC’s network of line maintenance international stations.
SIA, SIAEC inks 8.2 MWp PPA with Sembcorp Solar
Over 2,000 solar panels will be installed on SIA and SIAEC’s premises.
GrabWheels secures $41.6m funding from EV maker KYMCO
It will help develop and deploy two-wheel EVs in cities where Grab operates.
Singapore Shopping Centre relaunched for en bloc sale for $255m
It comes with a provisional approval to rezone for hotel use.
Thomson Medical's profits rose 39.5% in Q4 to $4.2m
Profits grew due to the absence of impairment loss on development and investment properties.
Commentary
Why Singapore SMEs cannot wait for quantum cyber risk to arrive before securing data
Is Singapore's emphasis on long-term security and stability hindering purpose-driven employees?
When Singapore's agentic AI ‘chefs’ arrive, will the kitchen be ready for them?
What Singapore’s app store rules reveal about the future of online trust
Faster hiring alone will not fix construction’s productivity problem
Beyond policy: How Singapore's service sector can win at the frontline
Solving the production problem behind Singapore’s ‘pilot purgatory’
Transformation without disruption: Your Existing ERP is an accelerant to business innovation
From Singapore to Southeast Asia: Thriving in innovation by knowing when to pause
Section 13O, MAS, and the digital footprint of Singapore Family Offices