News

Financial advisors greenlight FLT and FCOT merger

FLT’s advisors found the merger to be on normal commercial terms.

NetLink sees growth in non-residential and NBAP spaces

It could find demand for point-to-point connections from data centre clients.

Great Eastern to supplement customers' insurance amidst COVID-19

Those that are hospitalised will receive a cash benefit of $200 per day up to 60 days.

Sembcorp investor sentiment hit by investment losses

Much of the group’s impairments came from the recently-acquired UKPR assets.

Banks to record anaemic loan growth of 1.5% in 2020

The COVID-19 and the expected monetary easing will weigh on banks.

Keppel's associate Floatel halts proposed merger

The companies viewed that any near-term merger was unlikely.

Bharti Airtel could counter Singtel's enterprise business: analysts

Its India unit is projected to add $500 to its FY2021 profits.

OCBC offers support measures to customers

It will provide a moratorium on principal repayment for loans.

SATS' profits fell 13.9% to $59.3m in Q3

The group’s expenditure soared amidst consolidations of its subsidiaries.

Daily Briefing: Government to offer $77m support for taxis; Neil road conservation shophouses for sale

And a Fu Lu Shou complex office portfolio has been launched for sale via EOI.

Daily Markets Briefing: STI down 0.1%

Genting Sing led the gains amongst top active stocks with a 1.14% expansion.

Chart of the Day: Freehold shophouse prices slipped 16.5% in 2019

Buyers were less willing to commit to freehold shophouses at higher unit prices.

RAS urges landlords to ease F&B rents

Jewel Changi was the first to respond, as they will cut rents by 50%.

DBS extends COVID-19 liquidity relief to SMEs, retail clients

Principal repayment moratoriums are available to those with good repayment histories.

CapitaLand launches $10m marketing assistance amidst outbreak

It will also implement flexibility to operate shorter store hours for retailers.

Singapore Shopping Centre relaunched for en bloc sale for $255m

It comes with a provisional approval to rezone for hotel use.