Singapore

The rigs will be chartered to Brazilian petrol firm Petrobras over a 10-year lease.

On a YoY basis, transaction volumes rose 8.5%.

It aims to boost the hub’s productivity and capacity by 26% and 70% respectively.

Indofood Agri Resources leads the pack with a total return of 71.7%.

ThaiBev leads the pack with a 46% total return.

The partnership with Global Premium will bring total inventory to 7,625 rooms.

The site is located in Australia’s emerging suburban office market.

It is the most improved housing market in terms of affordability.

It now holds all 106.86 million shares issued by the group.

They are sentenced to 16 weeks’ and 4 weeks’ imprisonment, respectively.

And consultancy firm DR&P bought a minority stake in investment firm Terra Capital.

Singtel led the gains amongst top active stocks with a 2.26% climb.

This was driven by declines in the CCR and OCR.

Proceeds will be partly used to expand into online mortgage marketplace.

Fernvale will have full ownership over the unconstructed rigs.

E-commerce is thriving in the world's busiest transshipment port. Third-party logistics and other logistics companies, which consist of freight forwarders, transport agents, supply chain, logistics support companies, delivery service, storage service and e-commerce, emerged as the top occupier warehouses in Singapore, taking up 44% of the country’s total space, according to a report from Colliers. “Singapore has been the location of choice for e-commerce players to establish their footprint when entering the region. The emergence of e-commerce in recent years has had a positive spillover to the 3PL and logistics sector in Singapore,” Trisha Song, head of research for Singapore at Colliers International said in a statement. Also read: Factories get a facelift amidst Singapore's industrial property sector transformation Tenants from the manufacturing sector account for a third of the space, followed by distributor companies (10%), food, chemicals and pharmaceuticals sector (6%), oil, marine and energy (5%), with IT and technology sector taking up the least space (5%). There are about 117 million sqft of total warehouse space in Singapore, of which over 80% are located in the East and West regions. With a small population of just 5.7 million, the city has one of the highest warehouse space in Asia at 20 sqft per capita but lower than Japan and US, according to Colliers. The property firm expects property supply to ease, with annual expansion averaging 1.5% of warehouse total stock over 2019-2023.