News
UOB, CapitaLand agree on dual tranche SORA-SOFR loan
UOB, CapitaLand agree on dual tranche SORA-SOFR loan
The $200m will be used for general corporate purposes.
DBS floats SORA-pegged business property loan for SMEs
SME business property owners can borrow up to 80% of their property value.
How Spenmo helps businesses secure direct loans
The platform also allows merchants to effectively manage expenses.
Daily Markets Briefing: STI up 0.05%
Wilmar International led the gains amongst top active stocks with a 1.13% expansion.
Chart of the Day: Total stock buyback consideration hits $15.1m in August
STEngg and Keppel led the buyback consideration.
DBS gains regulatory approval to set-up JV securities company in China
It will engage in brokerage and securities investment consulting, amongst other services.
MIT completes acquisition of 14 US data centres for $292.8m
It will use a portion of the $410m proceeds from its private placement in June.
Sembcorp to divest stake in JV for $29.4m
The transaction will be completed by the end of the year.
Frasers Property Retail rolls out Frasers eStore
The platform will integrate two loyalty programmes.
Majority of Singaporean workers say no to ‘normal'
Workers eager for ongoing flexibility and a focus on personal well-being in the post-COVID workplace.
Chart of the Day: Singapore bank loans up 0.9% in July
This was driven by a 1.9% growth in business loans.
Daily Markets Briefing: STI up 0.24%
Medtecs International led the gains amongst top active stocks with a 1.97% expansion.
Singapore sees a 174% surge in pharma exports
The increase occurred mainly due to the worldwide stockpiling of drug ingredients.
SGX, HSBC, Temasek completes pilot digital bond for Olam International
SGX successfully replicated a $400m 5.5-year public bond issue by Olam.
SC-SCTS outlines SOR's role as fallback rate
Transition from SOR to SORA is expected before end-2021.
Economic fallout hits on Singapore banks' outlooks: Fitch
Impaired loan ratios are expected to more than double from end-2019 levels.
SIM joins SGUnited Skills advanced manufacturing programme
Residents who lost their jobs are the target participants of the programme.
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