News

Yangzijiang Shipbuilding bags $1.63b vessel contract

The 10 containerships are scheduled to be delivered from 2022.

Daily Markets Briefing: STI down 5.25%

SGX saw the sharpest decline amongst top active stocks with a 4.6% contraction.

Lazada, Shopee are the two most used e-commerce apps in Southeast Asia

It was the top app in Malaysia, Thailand and the Philippines.

ST Engineering, URA to develop tech-based urban planning solutions

The tool may be used for land policy, planning, infrastructure, and development control.

February new home sales surged 57.3% to 975 units: URA

More investors are looking to diversify portfolios after the stock market’s fallout.

Margin calls for S-REITs slim as large-cap demand persists

Investors have been worried as some of these holdings may be leveraged.

Keppel DC REIT unit obtains 5-year loan facility of $78.76m

KDCRFC is set to pre-pay the loan in the case of an agreement breach.

MAS says that local financial market is functioning normally

The regulator has left a higher level of liquidity in the banking system.

HSBC Singapore floats relief measures for mortgage, credit card customers

The bank has halved the revolving interest rate for up to six months.

SGX rolls out $5m care package amidst outbreak

Most will be used to support listed companies and the bourse’s frontline staff.

SIA to waive rebooking fees

This will be applied to tickets issued on or before 15 March.

Daily Markets Briefing: STI down 1.67%

DBS saw the sharpest decline amongst top active stocks with a 4.21% contraction.

Chart of the Day: Singaporean market is 7th most environmentally conscious

Majority of the country’s electricity output comes from fossil fuels.

Fernvale Lane site awarded to Frasers Property unit for $287m

The executive condo site allows a GFA of up to 47,964 sqm.