News
Sabana shareholders urges for MAS' support against Sabana-ESR merger
Sabana shareholders urges for MAS' support against Sabana-ESR merger
Shareholders argued that the two REITs’ investment mandate will overlap.
Olam issues $400m senior unsecured notes
It is priced at 4% and will mature on 24 February 2026.
Sembcorp unit to develop industrial park in Myanmar
A deal will be inked shortly with the Yangon Region Government for the lease of 436 ha of land.
PUB, Sembcorp begin building 60MWp floating solar PV system on Tengeh Reservoir
It is expected to start operating by next year, offsetting 7% of PUB’s annual energy needs.
Ascendas bags $100m through its first green bond
It’ll be used to refinance 17 green properties from its portfolio.
Singapore's July home sales hit 8-month high
A total of 1,080 new private homes were sold in July, up 8.2% from the previous month.
Daily Markets Briefing: STI down 0.38%
Thai Beverage led the gains amongst top active stocks with a 4.96% expansion.
Chart of the Day: Warehouse space occupancy grew 0.8ppt in Q2
A rise in e-commerce sales contributed to the segment’s growth.
Daily Briefing: EZ-Link, Touch 'n Go launch dual-currency contactless card; Aura Group, Conduit House raised $82.07m for hotel upgrade
And Singapore carriers' pilots and cabin crew who are returning from overseas to be tested for COVID-19.
Singtel's EBITDA dropped 24% to $897m in Q1
The group recorded lower equipment sales and roaming and prepaid mobile revenues.
Cromwell EREIT's NPI climbed 6.6% to $93.76m in H1
New office acquisitions boosted growth by $22.74m.
ST Engineering posts 4% profit dip to $257.4m in H1
Impairment of intangible assets, receivables, and fair value changes dragged it down.
Standard Chartered, Singapore labor mull digital bank venture: report
The plan is still in its early stages.
Pent-up demand lifted Singapore's residential market
The number of condo listings jumped 51,359 in Q2 from a weaker Q1.
SBR webinar tackles challenges in database management
An audience of senior IT professionals took part in the exclusive webinar, supported by Quest Software.
Chart of the Day: Prime condo sales down 52.9% to $659.2m in H1
The inflow of potential foreign buyers interested in posh homes impeded.
Daily Markets Briefing: STI down 0.56%
ST Engineering led the gains amongst top active stocks with a 3.67% expansion.
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Commentary
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform