News
Singapore, Malaysia to implement cross-border travel schemes
Singapore, Malaysia to implement cross-border travel schemes
These are expected to be implemented by 10 August.
SPH expects profit to drop in FY2020
The group’s print ad revenue plummetted 51.4% in Q3 FY2020.
MAS' environmental risk initiative a positive for banks: Fitch
Sustainable financing amounted to around 2-3% of the big three's 2019 loan portfolios.
Hyflux's potential white knight prepares to launch invitation
The investor assured that they are aware of the tight timelines.
SIA Group to reach 7% passenger capacity in August
It is expected to operate at 6% capacity this month.
Daily Briefing: Blockchain payments project ready for commercial rollout; NUS researchers develop 3 new COVID-19 swabs
And chickenpox, pneumococcal jabs to be free for eligible Singaporean children.
Chart of the Day: Industrial production contracted 7.4% in May
The contraction is attributed to the circuit breaker measures implemented.
Daily Markets Briefing: STI down 0.81%
Medtecs International saw the sharpest decline amongst top active stocks with a 21.84% contraction.
Singapore tops autonomous vehicle readiness index
This marks the first time the city-state has led the index.
Ascott Residence Trust projects 80-90% revenue plunge
It expects its revenue per available unit (RevPAU) to remain under pressure.
MAS-led Project Ubin Phase 5 shows commercial capabilities
The prototype successfully settled multicurrency transations on the same network.
City Developments expects notable losses in H1
Measures to control the pandemic have adversely impacted the group’s hotel operations.
Sembcorp Marine, GE clinch contract for North Sea wind farm
Both companies to start the early design works this month.
Cromwell EREIT to co-invest in two European data centres
This follows after Cromwell Property Group launches its data centre fund with Stratus.
Rolls-Royce slashes 24% of Singapore manpower
They are working closely with various groups to give further support to the affected staff.
EMA seeks for two more LNG term importers
This is said to enhance competition and provide more options for gas buyers.
Hyflux gets another potential investor
Unilegend Investments is willing to add in an available working capital to the group.
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