News

DBS inks Belt and Road deal with Sinosure

DBS inks Belt and Road deal with Sinosure

Insurance firm Sinosure will provide credit insurance for DBS financing activities.

Keppel DC REIT's NPI up 26.8% to $43.23m in Q1 2019

The firm's data centre buys in Germany and Singapore pushed up earnings.

New home sales ballooned 131.6% to 1,054 units in March

Ongoing projects like The Tre ver, Riverfront Residences and Parc Bottania saw strong market take-up.

Singtel's diluted stake in Bharti Airtel could boost associate contributions by 14% over 2020

Bharti Airtel witnessed its revenues decline by nearly $2.57b over FY2016-2018.

Retail sales slipped 10% in February 2019 to $3.3b

The early CNY celebration weighed on sales.

Over half of large firms to move their finance systems to the cloud: survey

Respondents also noted that CFOs should expand their roles beyond finance into risk management and cyber security.

ST Engineering gets green light from US to buy MRAS

The acquisition is set to close in the week beginning 15 April.

Surbana Jurong further subscribes to $300m of Changi Airports' bonds

This follows after the firm first subscribed for $500m bonds of Changi Airports.

UIC increases stake in Marina Centre Holdings for $485m

The company will be buying 10% of MCH’s shares from OUE, 10.27% from Finnegan and 4% from Mackmoor.

Singapore's mobile payments growth hits 46% in 2019

It lags behind Vietnam in terms of growth rate.

Daily Briefing: NUS Enterprise and MPA to invest over $600,000 in 13 maritime startups; E-scooter firm Lime to set up Singapore HQ

And predictive analytics provider AIDA Technologies clinches series A funding from Mastercard and SGInnovate.

Chart of the Day: Firms with deteriorating risk standing hit 21.36% in 2018

This represents a visible increase from just 15.13% in 2017.