News
Establishment of a 100% ammonia direct combustion power plant on Jurong Island eyed
Establishment of a 100% ammonia direct combustion power plant on Jurong Island eyed
Jurong Port, Mitsubishi Heavy Industries APAC, and Jera Asia will conduct a study on its feasibility.
First REIT commences buyback of S$60m perpetual securities
The REIT will pay 70% the principal amount and pay any unpaid distribution.
Changi Airport Terminal 5 redesigned to be resilient and pandemic-ready
The terminal is expected to be completed by mid-2030.
Tuas Port to be world’s largest fully automated port by 2042: PM Lee
The port uses driverless vehicles and AI.
Era of stable prices is already over, says PM Lee
PM Lee said this is because international economic conditions have fundamentally changed.
Singapore to end most mask rules
Only in public transport and healthcare settings will mask rules remain.
Foreign wholesale trade up 4.9% QoQ in Q2
The growth was driven by expansions in most wholesale trade industries.
Domestic wholesale trade up 6.4% QoQ in Q2
The growth was driven by expansions in most wholesale trade industries.
Rents in prime floor space in retail to rise 2.5%-3.5%: report
This is due to tightening vacancy rates and revival of the economy.
Market Update: STI down 0.87%
DFI Retail Group performed the best amongst the firms.
60-year-old leasehold property sold for $780k via auction
It sold at 20% above its opening price.
OCBC, NUS commence study to encourage EV adoption in Singapore
A total of 32,000 OCBC customers are expected to participate in the study.
Borr Drilling repayment to Sembcorp Marine might raise share price
It will repay partially $1.1b (US$0.8b) from 2023 to 2025.
SingPost operational profit plunges by 46.7%
The group’s total revenue went up by 34.7% because of other business segments.
UOB, Doxa, move Kimly Construction trade financing processes online
Processes affected include the creation of invoices, uploading and validation of supporting documents.
Freehold bungalow at Swiss Club Road on sale for $39.90m
The sale will be done via a private treaty.
SGX warned of downside risks despite posting highest revenue: analyst
In the current fiscal year, the bourse posted $1.099b revenue.
Commentary
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