News
SPH REIT to grant full rental waiver to retail and medical tenants
SPH REIT to grant full rental waiver to retail and medical tenants
A rental relief of 30% will be given to eligible office tenants.
Government rolls out temporary relief measures for property developers
It extended the completion period of residential, commercial and industrial projects.
Chart of the Day: Retail property vacancy rate widened to 8% in Q1
The take-up of some of the new retail projects was slow during the quarter.
Daily Markets Briefing: STI up 0.75%
SIA saw the sharpest decline amongst top active stocks with a 25.55% fall.
Daily Briefing: SIA, Qantas tie up with Australia to carry produce to Asian markets; Three quarters of UOB staff now WFH
And DWS acquires warehouse in Singapore.
DBS prices first SORA-based floating rate notes
The notes have a notional amount of $20m (US$14m).
IBM, IMDA, M1, and Samsung launch 5G industry trial
The trial aims to develop solutions that can be applied across industries.
SATS' earnings will bounce back at a slow pace: analyst
The closure of Changi’s Terminal 2 is also bound to hit the firm in the coming months.
NOVI Health brings holistic approach to lifestyle-based illnesses
Its team of medical specialists, dietitians, and fitness coaches offers lifestyle interventions.
HC Surgical shareholder blames CEO for breach of duty
This was related to the hiking of its stake in Julian Ong Endoscopy & Surgery.
HSBC to put Singapore trader Zenrock under judicial management
Last month, the trader assured that it was not under financial stress.
One-stop HR platform StaffAny streamlines admin tasks
The platform reduces work dedicated to scheduling and time tracking.
RWDC Industries nabs $188.42m in series B funding round
The company will use the funding to meet growing demand for PHA.
Great Eastern's net profit crashed 90% to $33.9m in Q1
Total weighted sales rose due to growth momentum in Singapore and Malaysia.
UOB's net profit down 19% to $855m in Q1
Total impairment charges skyrocketed 96% to $286m.
OUE C-REIT's NPI up 42.5% to $62.08m in Q1
Mandarin Gallery, Mandarin Orchard Singapore and Crowne Plaza Changi Airport boosted NPI.
Daily Briefing: Singapore to ramp up factory activities as virus curbs ease; MCI, IMDA working with telcos to boost network capacity and internet connection
And d:tribe invests in Australian AI startup Shelfie.
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