News

FCT's NPI down 1.3% to $35.96m in Q2

FCT's NPI down 1.3% to $35.96m in Q2

Growth in property expense outpaced revenue growth during the quarter.

Interest in remote working soared nearly 15,000%

Key tech trends identified across articles in Singapore media.

ST Engineering subsidiary to issue $1.07b notes on 29 April

The notes will be issued under the $5b medium-term note programme.

Sino-Singapore Tianjin Eco-City land plot sold for $236.4m

Sunac China Holdings won the bid through Tianjin Sunac Real Estate.

China's Sinopec in talks to buy stake in Hin Leong's terminal

The sale could provide much needed cash for the family-owned oil giant.

Daily Markets Briefing: STI down 0.07%

SGX led the gains amongst top active stocks with a 1.21% expansion.

Chart of the Day: 400,000 sqft of retail property supply set for 2020

Most of the upcoming supply will be located in the city fringe.

Keppel-led consortium nabs $1.5b contract for Tuas Nexus waste management facility

They will build waste-to-energy and materials recovery facilities.

SGX RegCo grants extensions to release full year unaudited results

The revised circuit breaker period will affect issuers whose full-year ended before it.

Suburban prime retail rents rose 0.3% in Q1

Travel bans and circuit breaker measures could further affect retail.

ComfortDelGro extends full taxi rental waiver for one month

This is expected to cost the firm an additional $17m.

Keppel DC REIT's NPI jumped 28.3% to $55.44m in Q1

IT and augmented and virtual reality spending to grow this year.

SembMarine to limit workers in shipyard until the end of circuit breaker period

This aims to reduce the transmission of coronavirus amongst workers.

How hotels and employers should prepare for disasters

There are multiple security layers that firms should lay out for their employees’ safety.

Suntec REIT's NPI slid 7.2% to $54m in Q1

The REIT expects a subdued Q2 for its mall portfolio.