News
Ascott seizes 139% surge in property volume YTD
Ascott seizes 139% surge in property volume YTD
These units are scattered across China, Indonesia and Morocco.
Hong Leong Asia ups stake in cement manufacturer to 92.42%
HLA group's subsidiary buys Tasek shares for $57,823.
Enterprise Singapore pledges to help firms as circuit breaker eases
Its hotline was deluged with thousands of enquiries from 3 April to 15 June.
Power consumption surged 22% in May
Apart from WFH arrangement, the hot weather called for more power in cooling appliances.
KKR, Temasek acquire minority stake in real estate developer Vinhomes
It was acquired for $907m (US$650m).
OUE in talks with possible buyer for US Bank Tower
The company clarified that there is no assurance that the talks will result in any sale.
NODX down 4.5% in May
Whilst electronics exports rose 12.5%, non-electronics fell 8.8%.
Singapore's finance professionals pin market volatility on sentiment
Three-quarters indicated recession as a top concern.
ComfortDelGro to install shields in training cars
All learners will also be required to don face masks during practical lessons.
Singapore halts Changi Airport T5 construction
The terminal was scheduled to be completed around 2030.
Hyflux and Utico clash over restructuring deal
The water firm expressed that their revised offer may need more time.
Almost half of Singaporeans prefer online payment methods: study
PayNow is the top choice for 18.2% of surveyed consumers.
Daily Markets Briefing: STI up 2.03%
ComfortDelGro led the gains amongst top active stocks with a 3.8% expansion.
Daily Briefing: All travellers to be tested before stay-home notice ends; Companies advised to transform business models
And Beenext launches $152.99m fund for early-stage startups.
Chart of the day: Department store sales crashed 84.6% YoY in April
The shutting of retail stores during the circuit breaker period dragged sales.
Grab lays off 360 employees
It assures affected employees that it will continue to provide them support.
ST Engineering authorised to use drones in aircraft inspection
DroScan was granted the first authorization for unmanned aerial systems.
Commentary
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform