News
Olam secures $249.09m term loan from IFC and JICA
Olam secures $249.09m term loan from IFC and JICA
Proceeds will be used for the procurement of specific agri-commodities.
Prime US REIT's NPI up 6.7% in Q1
The outpermance is driven by acquisition of Park Tower in Sacramento.
This startup fills the gap on cybersecurity awareness
Right-Hand Cybersecurity does not only monitor cyber risks, but also educates the users.
Check out the startup automating Singapore's bunkering segment
Bunker operators are often burdened with changes in the ships’ fuel needs.
Sheng Siong Group's profit surged 49.4% to $29m in Q1
The group saw elevated demand as more people ate at home.
Ascendas REIT reports healthy Q1 performance
Its portfolio recorded a positive rental reversion of 8%.
6 in 10 Singaporeans prefer online processing for insurance
More than half want faster claim processes and add-on healthcare offerings.
FLT rebrands to Frasers Logistics & Commercial Trust after merger
The new name is said to be in line with its broadened investment mandate.
Chart of the Day: Residential listings dominate mortgagee sales in Q1
District 9 continued to account for the majority of the non-landed listings in the quarter.
Daily Briefing: Syfe partners with SGX to launch REIT portfolio; ShopBack acquired South Korea's largest cashback platform Ebates Korea
And Vickers Venture Partners leads a $48.15m funding round for a California-based startup.
Daily Markets Briefing: STI up 0.53%
YZJ Shipbldg SGD saw the sharpest decline amongst top active stocks with a 3% drop.
Keppel DC to sell 38 million units for $91.96m
It is priced at $2.42 apiece.
City Developments extends rental relief measures
Tenants will receive more than 2.8 months of gross rental rebates in total.
SGX and CITIC Securities to develop bond and risk management products
It caters to international participants who are looking to invest in China’s bond market.
Land bank redevelopment will aid MIT's net asset value: analyst
It will increase portfolio GFA and drive medium-term growth in distributions.
Unemployment rate may widen to 3.6% by end-2020: analyst
Firms are expected to shed more headcount to bring down manpower costs.
MIT's NPI up 10.5% to $318.06m in FY2020
Its DPU inched up 0.7% to 12.24 cents.
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Commentary
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