News

Ascott REIT skips redemption of $250m perpetual issue

The REIT is prioritising the preservation of cash flow and liquidity.

Burpple merchants to join ComfortDelGro's delivery platform

They will also have delivery links on their pages.

Majority of court case hearings to resume on 8 June

The Supreme Court will not take a recess in June to deal with the backlog.

Chart of the Day: Fiscal deficit may widen to 15.7% of GDP by end-2020

This comes after the announcement of the Fortitude Budget.

Daily Markets Briefing: STI down 0.18%

SPH saw the sharpest decline amongst top active stocks with a 12.33% contraction.

78% feel more stress with work during a pandemic

Family and other relationships have improved.

Singapore considers resuming essential travel

This comes as the country works on re-opening its borders.

Eagle Hospitality Trust redirects maiden distribution funds to critical expenses

Stapled securityholders will no longer receive the distribution announced for Q1.

GIC leads US-based Apeel Sciences $353.53m financing

This will enable the company to continue tackling the global food waste problem.

CapitaLand rolls out enhanced safety measures for its malls

This will include anti-microbial coating for high contact areas and UV disinfection robots.

Keppel pilots Vision 2030 transformation plan

It outlines plans to grow as an integrated business with sustainable solutions.

MTI rolls out 4.40ha of industrial land under IGLS programme

This follows after two plots in the Confirmed List were postponed amidst the pandemic.

Yangzijiang Shipbuilding bags container feeders contract for $77.75m

The design of these feeders will give priority to loading capacity over speed.

Keppel Corp prices $424.71m notes due 2025 at 2.46%

Net proceeds will be used for general corporate or working capital purposes.

Chart of the Day: CapitaGreen shows strongest rental reversion in Q1

This comes as office REITs reported healthy occupancies in Q1.