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The sponsor believes that unitholders were wary of SC’s lack of experience in the US market.

The proposed rights issue is critical for First REIT to meet its debt covenants.

Seven in 10 consumers shopping online increased their use of digital payment methods.

The investment made was about $76.7m.

Prices are expected to pick up in 2021 amidst booming buyer sentiment.

The project will yield up to 265 condo units and 2,000 square metres of commercial space.

Two new cases were recorded on 30 and 31 December 2020.

The manufacturing sector improved, whilst the services sector continued to falter.

Changi Airport will have a dedicated lane to digitally verify health credentials.

Malaysia to compensate Singapore for costs already incurred.

The local index ended the last day of 2020 trade in the red, but was still ahead for the month of December.

Electricity prices are set to fall in Singapore over the first quarter of the New Year. Wholesale provider SP Group announced on December 31 that the electricity tariff would decrease by an average of 3.2% (or 6.7 cents per kWH) for the period of January 1 to March 31. This is due to lower energy costs compared with the previous quarter, the company said.

The mall is in a prime location in Singapore's inner west.

The public-private partnership aims to enhance the people management skills of Singapore's professional workforce.

We're taking some time off!

Its USD Facility will also be extended to end-September 2021.