News
SIA Group's passenger load factor down 12.1 ppt in February
SIA Group's passenger load factor down 12.1 ppt in February
Its passenger carriage slid by 17% YoY.
Singapore banks on downward spiral after US Fed cuts rate to nil
Loan yields are sighted to decline due to the lower benchmark rate.
Investor relations group calls for guidelines in holding virtual AGMs
The SGX’s rules still require AGMs to be physically held in Singapore.
Grab, IMDA launch accelerator programme
It will allow startups to know more of Vietnam’s business context.
Ho Bee Land unit wins tender of Biopolis Phase 6 for $223.6m
It will be completed in 2022, adding another 35,000 sqm of business park space.
Yangzijiang Shipbuilding bags $1.63b vessel contract
The 10 containerships are scheduled to be delivered from 2022.
Daily Markets Briefing: STI down 5.25%
SGX saw the sharpest decline amongst top active stocks with a 4.6% contraction.
Chart of the day: Nearly half of e-commerce traffic comes from unpaid searches
This is followed by direct landings at 39.5%.
Daily Briefing: Businesses seek more wage subsidies, rental relief; Singapore bankers worry over missed deals amidst new travel restrictions
And medical tech firm Biolidics plans to raise $3.13m through a share placement.
Lazada, Shopee are the two most used e-commerce apps in Southeast Asia
It was the top app in Malaysia, Thailand and the Philippines.
ST Engineering, URA to develop tech-based urban planning solutions
The tool may be used for land policy, planning, infrastructure, and development control.
February new home sales surged 57.3% to 975 units: URA
More investors are looking to diversify portfolios after the stock market’s fallout.
Margin calls for S-REITs slim as large-cap demand persists
Investors have been worried as some of these holdings may be leveraged.
Keppel DC REIT unit obtains 5-year loan facility of $78.76m
KDCRFC is set to pre-pay the loan in the case of an agreement breach.
MAS says that local financial market is functioning normally
The regulator has left a higher level of liquidity in the banking system.
HSBC Singapore floats relief measures for mortgage, credit card customers
The bank has halved the revolving interest rate for up to six months.
SGX rolls out $5m care package amidst outbreak
Most will be used to support listed companies and the bourse’s frontline staff.
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