News

Singapore sees a 174% surge in pharma exports

Singapore sees a 174% surge in pharma exports

The increase occurred mainly due to the worldwide stockpiling of drug ingredients.

SGX, HSBC, Temasek completes pilot digital bond for Olam International

SGX successfully replicated a $400m 5.5-year public bond issue by Olam.

SC-SCTS outlines SOR's role as fallback rate

Transition from SOR to SORA is expected before end-2021.

Economic fallout hits on Singapore banks' outlooks: Fitch

Impaired loan ratios are expected to more than double from end-2019 levels.

SIM joins SGUnited Skills advanced manufacturing programme

Residents who lost their jobs are the target participants of the programme.

ESR Cayman assures no conflict of interest in ESR-Sabana merger

There is no common sponsorship in the Sabana REIT manager, it said.

Singtel launches 5G network

The telecom company is offering a free trial to 20,000 select early adopters.

Keppel-associate Floatel's forebearance agreement extended

The company is also in talks with banks to extends its payments agreement.

Changi Airport rolls out new F&B delivery service

Around 30 other F&B outlets are in the Changi Eats platform.

YZJ Shipbuilding secures new orders worth $342m

Hong Kong’s SITC has placed an order for 12 containerships.

MPA sets up Crew Facilitation Centre, fund for safe crew change

The self-contained facility will house crew for up to 48 hours prior to boarding.

Chart of the Day: Property investments plunged 73.4% to $1.7b in Q2

No transactions in the public sector were recorded during the quarter.

Daily Markets Briefing: STI down 0.28%

Wilmar International saw the sharpest decline amongst top active stocks with a 2.02% contraction.

Two out of three Singaporeans remain concerned about COVID-19:Manulife research

Around 60% of the respondent's to the life insurer's survey say they are not confident to be part of crowds, while 65% still fear going outside.

Daily Markets Briefing: STI down 1.78%

OCBC Bank saw the sharpest decline amongst top active stocks with a 3.82% contraction.