News

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.

OCBC to hand out $1b in SME loans by 30 June

The bank will pass all cost savings to SMEs by lowering the interest rate.

UOB offers $200,000 pre-approved loans to small businesses

The bank has approved three times more loans in March compared to January.

ESG, MPA, MAS assure that Hin Leong won't hit oil trading and bunkering sectors

Oil trading and bunkering sectors remain resilient despite drop in demand.

Almost half of finance leaders admit scant reporting on ESG

More than a third said that they find environmental impact the hardest to report about.