News
Daily Markets Briefing: STI down 0.67%
Daily Markets Briefing: STI down 0.67%
Wall Street's weakness could urge investors to be cautious today.
Daily Briefing: Banks step up hiring of priority bankers; Good class bungalow sold for $93.9m
And here’s what Punggol residents can look forward to in the upcoming Punggol Town Hub.
Keppel O&M bags contracts to build LNG carriers for $105m
The new LNG carriers will each have a capacity of 7,500 cubic metres.Keppel Offshore & Marine (Keppel O&M) clinched two more contracts to build two additional small-scare LNG carriers worth $105m for UK transport firm Stolt-Nielsen Gas. Similar to the first two units, the next two LNG carriers which will be built will each have a capacity of 7,500 cubic metres. They will also feature engines that can run on both diesel and LNG. To be completed in Q4 2020 and Q1 2021 respectively, the carriers will have a class notation for bunkering which enables the provision of LNG bunkering services if required. ““These LNG carriers will be the 4 th and 5th vessels capable of LNG bunkering as well as the 11th and 12th LNG powered vessels that Keppel will be building,” Keppel O&M managing director for gas & specialised vessels Abu Bakar said. “We look forward to furthering this track record as the industry increasingly adopts LNG as a marine fuel.” According to an announcement, three options were granted to Stolt-Nielsen Gas as part of the original contract signed in May 2017 between Keppel Singmarine and Stolt-Nielsen Gas to build two LNG carriers. The first option lapsed in November 2017, whilst the second and third options will be exercised by Stolt-Nielsen Gas through the contract.
MAS warns on phishing emails
Some recipients were asked to provide bank account details and transaction fees.
Maybank gets nod for CFS business in Singapore
It will operate as a subsidiary of Maybank Group with Asian Currency Unit in Singapore.
Grab to get $691.2m investment from SoftBank: report
Grab eyes to raise $1.38b for its latest funding round in 2018.
Singapore investors welcomed in Johor
The city-state can look to its closest state to solve its space constraint, a Johor official said.
Singapore banks fare better than Indonesian lenders amidst rate hikes
Every 25bp hike that re-prices loan book translates into an earnings boost.
SGX embraces FTSE ST Singapore Shariah Index
It has 48 constituents as of launch.
Faster F&B licensing process to roll out by 2019
Fees will also be slashed by more than $500.
ComCare assistance hit $131m in 2017
More households headed by the elderly became beneficiaries.
Prolonged trade war could severely hurt Singapore: trade minister
The city state has found itself in the crossfire as its major trading partners duel with tariffs.
Daily Markets Briefing: STI down 1.1%
Wall Street's weakness could hurt gains today.
Daily Briefing: Singapore mulls tighter measures for marine fuels supply; Wilmar leads $69.05m investment for pharma firm
And MOM sues agency that posted maid ads ‘sold’ in Carousell.
Chart of the Day: 98% of Singaporeans have a bank account
Its rate still lags behind Japan and Israel.
Singapore millenials choose Mcdonald's as most favourable brand: study
Its viral marketing campaigns worked and cheap meals did the wonders.
HDB resale prices down 0.7% in September
Resale volumes were down to 1,996 from 2,078 flats sold in August.
Commentary
SG60: What the next 10 years have in store for Singapore’s investment landscape