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.
Keppel signals support for KrisEnergy's final restructuring proposal
Keppel holds a 40% stake in the firm.
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.
Daily Briefing: MPs call for firms to be more transparent on foreign hiring; e-games startup Potato Play raises $2.38m
And Intrepid Group secures undisclosed pre-series B funding.
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.
Commentary
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