News
SIA and Japanese airline ANA ink JV deal
SIA and Japanese airline ANA ink JV deal
The team-up will focus on codeshare flights, mileage programmes and lounge access.
Hyflux appoints Clifford Chance and Cavenagh Law as legal advisors
The water treatment firm expressed loss of “confidence and trust” in WongPartnership.
Singapore's economy likely to be amongst the worst-hit by Wuhan virus
Tourism-related sectors will be the most affected.
Singapore wealth firm GIC buys 30% stake in Myanmar's Yoma Bank
GIC injected $88.7m in a latest funding round along with Norwegian private equity firm Norfund.
Daily Briefing: Businesses urged to make continuity plans over nCov spread; Deen Express ordered to explain price surge of masks
And US-based dating app The League enters Singapore. From Human Resources Online:
Chart of the Day: Multiple-user factory space prices jump 1.2% QoQ
Other regions recorded drop in prices.
Daily Markets Briefing: STI down 0.37%
CapitaLand saw the sharpest decline amongst top active stocks with a 1.9% contraction.
Total employment grew to 55,200 in 2019
The services industry saw the most expansion in local employment.
Singtel's Thai associate to pay $1.4b over dispute
Amended terms in a service agreement allegedly resulted in lost earnings for telecom company TOT.
Tighter alcohol regulation in Vietnam could worsen ThaiBev's sales
The new drink-driving law already caused beer sales in the country to drop 25%.
CDL Hospitality Trust's NPI dipped 3.3% to $141.16m in 2019
It saw full-quarter contributions from its rebranded Raffles Maldives Meradhoo.
Starhill Global REIT's NPI fell 5.9% to $37.2m in Q2
The contraction was attributed to the enhancement works of the Starhill gallery in Malaysia.
PACC Offshore to delist from SGX
Bid vehicle Quetzal capital and its concert parties now hold 96.48% of POSH’s shares.
Hyflux's debt moratorium extended to 28 February
They also confirmed their loss of confidence with their lawyers.
Ascott Residential Trust's profits up 6% to $252.6m in 2019
A change in leasing standards boosted profits in Q4.
Daily Briefing: Temasek's $50m solar bet; Malls shut in China
And travel players implement precautionary measures against Coronavirus spread.
Chart of the Day: 2.2 million sqm of industrial space to be completed in 2020
About 80% of the upcoming supply will be for factory space.
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