News

The manufacturing sector continued its sharp decline and contracted 3.8%.

It will add a 211,000 sqft build-to-suit facility for a global medical device firm.

DBS led the gains as it stock rose 0.83%.

The retail upstarts may account for 0.3% market share and wholesale challengers will take 0.9% of the market.

And Vietnam-based KinderWorld International Group scraps its planned SGX IPO.

It will see the utilities firm taking up an 88% stake in the water treatment firm.

It will use the proceeds for its planned expansion into Asia and Africa.

The report lauded the city’s strength in ship management and shipbroking services. Singapore defended its crown against Hong Kong to rank as the top international shipping centre for the sixth year in a row, according to the 2019 Xinhua-Baltic International Shipping Centre Development (ISCD) Index.

The 2.5-year programme will help fuel the expansion plans of local firms.

They will be issued under its US$15b global medium term note programme.

Offerors and concert parties must abstain from voting on the delisting resolution.

The individuals carried out a front-running arrangement over a seven-year period, resulting in profits of $8.07m.

Singtel led the gains after its stock grew 1.16%.

And fintech Asenso Tech secures $1.6m investment.

Its median unit price also fell 25.8% to $1,166.

This is its second office in the region after launching in Tokyo in 2013.