News

SATS to acquire Thai firm Food City for $21m

SATS to acquire Thai firm Food City for $21m

The acquisition is expected to reduce food waste and increase productivity..

Keppel suffers $318m impairment in H1 due to KrisEnergy exposure

KrisEnergy recently submitted a winding-up petition.

Sembcorp Marine flags hiring challenges, project delays

Sembcorp Marine said Phase 2 (Heightened Alert) restrictions would impact its operations.

Suntec to issue $150m perps at 4.25% fixed rate

The perpetual securities are a part of Suntec REIT’s US$2b Euro Medium Term Securities Programme.

Market Update: STI down 0.27%

Jardine Matheson saw the sharpest decline during Tuesday's trading, with a 1.27% drop.

Talent shortage hits 15-year high with 64% of employers struggling to hire help

Singaporean employers are expected to hire more workers in the third quarter.

Electric vehicle sales boom imminent in Singapore: Fitch

EV sales are predicted to surge by 170% in 2021.

3 in 5 Singaporeans face workplace discrimination: PwC

More than 60% of Singaporeans say they faced workplace discrimination due to their age, ethnicity or gender.

DBS Securities gets green light to operate in China

DBS Securities, a DBS majority-owned joint venture, is the first Sino-Singapore securities joint venture.

Debt saddled KrisEnergy pushes for liquidation

The oil and gas company has submitted a winding up petition.

Government to assist 40,000 cleaners with training, wage assistance

Cleaners will receive sustained wage increases for a six-year period starting July 2023.

Over 2 million web threats in SG detected in Q1: report

This is an increase of 262.5% year-on-year from 632,000.

Cromwell European Reit procures $16.4m Czech asset

The acquisition will increase CEREIT's exposure to logistics.

ComfortDelGro forms umbrella division for its transport and lifestyle businesses

Private Mobility Group, a new division under ComfortDelGro, will handle the group’s taxi, private vehicle rental and lifestyle businesses.

Singapore on the forefront of Southeast Asia’s recovery: report

GDP in the region is expected to rebound to 4.8% in 2021, from a 4.1% contraction last year.

Market Update: STI up 0.79%

Thai Beverage Public Company Limited saw the sharpest decline during Monday's trading, with a 1.45% drop.

SGX-listed Credit Bureau Asia added to two FTSE indices

Credit Bureau Asia has been included to the FTSE Global Micro-Cap and FTSE Global Total Cap indices.