News
MIT to raise $350m through private placement
MIT to raise $350m through private placement
Most of the proceeds will be used in acquiring 14 data centres in the US.
Investments flood Singapore fintechs in April, May after quiet Q1: study
Total equity funding reached a record-high $462m.
Singapore, South Korea ink digital partnership deal
It aims to tackle bilateral cooperation in new emerging digital areas.
Daily Markets Briefing: STI down 0.2%
SGX saw the sharpest decline amongst top active stocks with a 2.05% contraction.
Chart of the Day: Units priced less than $1.5m more popular in Q1
CCR buyers recorded the most transactions with 57%.
Daily Briefing: Retailers expect sales to stay weak even after lockdown; FairPrice further extends price freeze of products
And Turf Club to resume racing from 11 July.
OCBC is APAC's top lead arranger of green loans from 2018 to 2020YTD
Singapore’s OCBC and DBS accounted for $5.47b of such loans.
Singapore investment banking fees plummet 49.4% in H1
Fees from completed M&A, ECM, DCM, and syndicated lending all registered declines.
OCBC upgrades green finance portfolio target to $25b by 2025
It has already surpassed its $10b target for 2022 in Q1.
MPA, SSA, IMDA launch maritime digitalisation playbook
This is said to support maritime companies in accelerating digitalisation plans.
Hong Leong Asia extends deadline on Tasek takeover bid
It aims to acquire the remaining shares in the cement manufacturer.
Emirates resumes Singapore flights
This service will be offered three times a week in June.
ComfortDelGro enters agreement to bid for French metro projects
The company will participate through its subsidiary, ComfortDelGro Transit.
High Court hearing of Hyflux scheduled on 27 July
This follows after its pre-trial conference last 18 June.
Olam secures $349.36m sustainability-linked loan
The credit facility consists of three tranches.
UOB reopens seven more branches
These banks are located in high footfall retail areas.
Retail investors more sceptical about the finance sector: study
The industry’s trusting plunged 11 points to 36% this year.
Commentary
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Why Singapore-based firms still underestimate the human side of doing business in North Asia