News
ST Engineering, Temasek set up freighter leasing joint venture firm
ST Engineering, Temasek set up freighter leasing joint venture firm
They will both have 50% share in the JV company.
FLCT gears for COVID-19 impact on its retail portfolio
COVID-19 had a $1.1m impact on Frasers Logistics & Commercial Trust’s distributable income for the first nine months of the financial year.
SGX achieves milestone Aa2 rating
The rating is the highest given to any exchange group by the investor service.
Keppel subsidiary forms joint venture with Shanghai Topchain
The joint venture company will manage investment properties with potential for asset enhancement initiatives in China.
‘Born digital’ workers to generate additional S$2.5t profit: Citrix
This is if they are empowered to work flexibly.
SEEDS Capital enters $150m partnership for deep tech startups
The initiative involves 13 new partners under the Startup SG Equity Scheme.
Daily briefing: US VP Harris’ visit 'greatly valued': PM; SG top official asks China, US to mend ties
And Temasek Foundation says no mask distribution was held.
Market Update: STI up 1.07%
ThaiBev and Yangzijiang Shipbuilding took the lead as the index closed today.
Edtech startup Flying Cape bags $2m in Series A funding round
The funds will scale Flying Cape’s operations in China and SEA.
Restructuring of CLI to unlock substantial long-term value: CapitaLand CEO
CapitaLand plans to restructure and list CLI to include its investment management platforms and lodging business.
CEREIT secures foray into UK Logistics
Cromwell European REIT takes the first step towards establishing a foothold in the logistics industry.
Prime US REIT distributable income slips 1.3% YoY in H1, remains stable
Prime said its gross revenue and net property income also remained stable.
China Aviation Oil recovery pushed back to FY 2022: DBS
DBS Group Research cut the jet fuel trader’s profit projections by 26% for 2021.
OUE Limited's profit attributable to shareholders rose to S$30.1m H1
Its revenues, however, declined 49.5% to S$152.
OCBC net profit soars by 86% to $2.6b in first half
The net profit growth was driven by a robust banking and insurance performance.
Singapore ranks 4th in best country for unicorn startups
It currently has six unicorn startups.
Manufacturing sector keeps hopes high for H2
Electronic firms at 40% were the most optimistic in facing the remaining half of the year.
Commentary
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform