News

Suntec REIT net property income rises 23.9% to $112.6m

It owed its performance to its office portfolio in Singapore, Australia, and the United Kingdom.

Keppel Offshore & Marine subsidiaries receive arbitration request

The counterparty has withheld about US$11.3m and claimed payment of US$31.2m from the subsidiaries.

Yangzijiang acquires remaining 20% stake in Xinfu Yard

The transaction is set at S$136.88m and is fully funded by 100 million treasury sales.

EMA, Shell commits $4m to boost local energy startups

The two have previously partnered on the same project last year.

DBS, MPA complete live bunker delivery financing pilot with digital bunker delivery note

This successful pilot is a first for Singapore, and demonstrates the viability of digitalised bunker financing.

OUELH Yangon hospital temporarily closes emergency dep’t as COVID-19 cases surge

This is due to the lack of adequate manpower, oxygen and medical supplies.

OUELH Yangon hospital temporarily closes emergency dep’t as COVID cases surge

This is due to the lack of adequate manpower, oxygen, and medical supplies.

Sheng Siong sets up 4th store in China

This brings its store count 67 across Singapore and China.

SG property investment sales recover to pre-COVID levels: Colliers

Investment sales surged to 86.3% in the second quarter despite tightened restrictions.

MAS, SFA open applications for 2021 FinTech Awards

The deadline for submissions is on 31 August.

Temasek continues investments in carbon-emitters amidst green goals

The state investor says these investments are meant to help these firms shift to a different path.

Market Update: STI up 0.29%

The Straits Times Index closed 0.29% higher to 3,120.28 on 21 July, Wednesday.

7 out of 10 executives plan to adopt hybrid work setup: KellyOCG

However, they should focus on providing support to their employees in this work arrangement as well as prioritise the use of technology.

Office rents to improve by H2: Knight Frank

Prime grade office rents continued their decline in the second quarter.

Zensung, ERGO, Munich Re to launch ‘GO GREEN’ insurance policy

It will be delivered through the “Parrot” mobile application and policyholders can monitor their trips and CO2 emissions.