News

SG and China firms strengthen digital carbon trading bond

SG and China firms strengthen digital carbon trading bond

MGVX and Greenland Financial Technology take the first step towards an international network.

CICT, COREF to purchase Grade A office for $1.26b

The acquisition is expected to be completed in the second quarter of 2022.

Which companies will win big from SG’s easing of restrictions?

SG stocks gained 4% to 5% following the relaxation.

Market update: STI up 0.34%

Hongkong Land, Venture, and Jardine Matheson are back on top.

Manufacturing output recovers to 17.6% in February

Electronics manufacturing expanded amidst the global chip shortage.

Outbound commercial real estate investment surges 164% to $43.41b

Singaporean capital led Asian outbound real estate investment rebounds in 2021.

Fully-vaxxed travellers may enter SG, Malaysia land borders sans testing, quarantine

Singapore and Malaysia reopened borders for fully inoculated travellers on 1 April.

SIA, Scoot open entire network to fully-vaxxed travellers

The airlines will no longer designate VTL flights from 1 April.

OLAM Group to sell 35.4% stake in Olam Agri for $1.7b

Proceeds will go towards right-sizing Olam Group’s capital structure, amongst others.

CICT acquires two Australia-based properties for $150m

The two properties are located at 66 Goulburn Street and 100 Arthur Street. 

Flight searches on Expedia double prior to new vaccinated travel framework

Stockholm, Perth, and Zurich saw a significant growth in travel demand.

Sea-based VTL arrangements to adopt VTF beginning 1 April

The shift is in line with the national initiative to adopt the framework.

Market Update: STI up 0.99%

SATS and SIA topped the index following the impending implementation of quarantine-free travel.

SAP, EDB open digital innovation hub for next generation engineering

SAP Labs Singapore will employ 500 highly skilled digital professionals by 2025.

Ascendas India Trust to acquire Phase 2 warehouse in India

It signed definitive agreements for the proposed acquisition.