News

TPG would lag in 5G race: analyst

TPG would lag in 5G race: analyst

The telco may not reach its target EBITDA breakeven revenue of $150m.

Hongkong Land's rental loss could be limited: analyst

It offered rent relief to its retail tenants amidst the COVID-19 outbreak.

Mapletree Investments clinch $310m sustainability loan from OCBC

The interest rate will be reduced should ESG targets be met.

UOB, Prudential Singapore launch women's savings account

It offers free insurance coverage against six women-related cancers.

Utico warns Hyflux's asset leakage if restructuring scheme further delays

The investor is wondering why the scheme is being deferred.

SATS cuts board and executives' pay

President and CEO Alexander Hungate's salary was cut by 15%.

Chart of the Day: 60% of condo projects show low take-up rates in its first month

New projects’ benchmark prices and hefty stamp duty continue to be the main drag.

Daily Markets Briefing: STI down 1.9%

YZJ Shipbuilding led the gains amongst top active stocks with a 5.23% expansion.

SIAS questions new Hyflux saviour, urges town hall

The organisation expressed concern for the non-disclosure of the P&P proposal.

Hotpot chain founder sets up family office in Singapore

Shu Ping is one of Singapore’s richest people with a net worth of around US$7.7b.

Singapore most open to financial compliance in ASEAN

The region’s diverse economic developments and different regulators are seen as barriers.

MUFG-Grab deal shows Japanese banks' curiosity in SEA

But Fitch warns it could lead to higher costs and put pressure on profits.

$60b eyed for rail network expansion over the next decade

The stage 2 of the Thomson-East Coast Line will be completed in a few months.

Tee International fires ex-CEO and director

Phua Chian Kin was involved in unauthorized remittances in the company.

ADB unveils new Singapore office

It comprises 12 specialists from ADB’s PSOD and Office of Public-Private Partnership.

Listed US office REITs post higher yields than SREITs

US office REITs have longer WALEs ranging from four to six years unlike their Singapore peers.