News

Over half of SMEs still in early stages of digital maturity: report

Digital transformation in 44.6% of SMEs already has some alignment to company strategies.

Raffles Education unit amends $138.5m deal with China-based developer

The firm has yet to pay $47.38m for its option agreement.

Keppel REIT unit secures $505m green loan facility

It aims to enhance how it finances the firm’s offices.

Utico extends deadline for binding agreement with Hyflux to 27 June

The Middle Eastern firm initially hoped that the deal would have already been sealed by 17 June.

Singapore investment banking fees down 15.9% to US$366.3m

Advisory fees for M&A deals shrank 49% to US$76m.

Singapore's total M&A value up 64.3% to US$59.4b in H1

Blackstone’s US$18.7b acquisition of GLP, the largest deal with Singaporean involvement to date, boosted the total.

SGX licenses three futures-based indices to Taiwan ETF Yuanta SITC

The MSCI EM series Futures Indices is said to be the world’s first.

Daily Markets Briefing: STI up 0.96%

UOB led the gains after stocks grew 1.95%.

New multi-billion euro feed additive plant opened on Jurong Island

The plant has an annual production capacity of 150,000 metric tonnes.

Singapore and Indonesia equities defy regional downturn

Consumer staples and healthcare may be able to weather market volatilty.

Sembcorp to build solar energy system to power Changi Exhibition Centre

The system is expected to produce over 7,840MW hours of power annually.

GIC eyes investing $1b in India's road assets

It looks to expand its presence in India’s infrastructure sector.

Sembcorp Industries' India energy unit withdraws listing prospectus

But it intends to re-file a revised prospectus at an ‘appropriate’ time this year.