Singapore
KPMG doubts KS Energy's ability to continue operations
KPMG doubts KS Energy's ability to continue operations
The firm incurred a net loss of $53.9m for FY2018.
SIA Engineering Company inks $1.4b services deal with SIA
SIAEC will provide MRO and fleet management support services to SIA’s fleet.
Half of firms paid their dues on time in Q1
Apart from the construction sector, slow payments have improved across four industries.
Keppel FELS enters novation agreement with Borr Drilling
Borr Drilling will take over the construction of the jackup rig for BOT Lease Co.
Restructuring won't kill Hyflux probes: SIAS
The restructuring scheme would only discharge the company but not its management.
Regional gains boost Singapore bank loans amidst weakening domestic demand
Regional loan growth of 0.3% outpaced domestic loan expansion of 0.2%.
Singapore and EU adopt equivalence decision for derivatives trading venues
Singapore firms will be able to use EU’s trading platforms and vice versa.
Camsing Healthcare seeks extension to release FY2019 results
It also hopes to extend the schedule for its annual general meeting by two months.
Keppel arm invests $67.76m in lithium-ion battery firm Envision AESC
They plan to introduce IoT-enabled storage devices that will boost the energy efficiency of smart buildings and grids.
Olam clinches three-year digital loan for $474.35m
It will support the firm’s efforts towards digital transformation.
Daily Briefing: Luxury home prices down to all-time low at 2.9%; Taxpayer money will not be used to aid Hyflux investors
And Singapore-based offshore & marine company Swiber bags $200m from Seaspan Corporation.
Chart of the Day: Condo listings under mortgagee sales grew 26.7% in Q1
Private condo listings under mortgagee sales grew due to higher mortgage payments arising from growing interest rates.
NTUC FairPrice fires first salvo in supermarket war
Its price freeze of 100 FairPrice housebrand products until 30 Jun 2020 kicked off a price competition amongst housebrands.
Can Grab plug Singapore SMEs' funding crunch?
The on-demand platform is aiming to be the preferred financial partner of Southeast Asia's micro-entrepreneurs and small businesses.
Can startups cash in on Asia's growing family office segment?
Raffles Family Office is open to investing in healthtech, fintech and cybersecurity startups.
Foreign direct investments from the US to Singapore hit over $244b
US companies accounted for more than 20% of all FDIs in Singapore.
What killed Mandarin Gardens' $2.9b en bloc deal?
Size and requirement woes plagued what could have been the largest en bloc deal in Singapore’s history.
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Commentary
‘Tokenmaxxing’ – The wrong AI race to run in Singapore
To outsmart modern fraud, we must first know the enemy
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