News

HDB awards $98.7m contract to Chip Eng Seng

HDB awards $98.7m contract to Chip Eng Seng

The work includes the construction of six blocks at Tampines Neighbourhood.

DBS closes first trade finance deal on TFP worth $4.8m

SMEs can access trade finance solutions from different banks in a single platform.

Samsung Hub's Level 11 strata office space sold for $3,800 psf

This is the highest psf price for a CBD office in the last five years.

UOL's net profit grew 14% to $478.82m in FY2019

Full-year profit growth was attributed to a higher attributable fair value.

ESR-REIT enters $200m unsecured loan facility

It comprises a $150m term loan facility and a $50m revolving loan facility.

Singtel, Nokia to jointly test 5G network slicing

It will provide customisable case uses in areas like cloud gaming and manufacturing.

MND revises condo DC rates downward by 0.2%

This is said to be reflective of the muted GLS bidding.

Aqua Munda extends tender, appoints non-executive director

The tender invitation period will close on 9 March.

Daily Markets Briefing: STI down 3.23%

Keppel Corp saw the sharpest decline amongst top active stocks with a 3.5% contraction.

Chart of the Day: Retail supply pipeline to drop to 280,000 sqft in 2020

Suburban and fringe areas are expected to account for the bulk of future retail supply.

Singapore banks' face slower loan growth in H1 2020

The big three banks’ are expecting lower loan growth for FY20F on the back of the outbreak.

Singapore a bright spot for bleak oil & gas industry: EY

The city is optimal for oil companies looking to set up streamlined trading functions.

Hyflux moves claims of proof deadline to 11 March

This is in connection to scheme meetings on the Utico deal.

Venture Corp's profits fell 1.9% to $363.13m in 2019

It is working to implement action plans to stabilise supply amidst the COVID-19 outbreak.

Jardine C&C's net profits skyrocketed 111% to $1.20b in 2019

Growth was anchored by its automotive arm Astra.

SPH REIT to provide assistance scheme for tenants

Tenants will be allowed to operate for shorter hours.