News

Singapore steps up overseas acquisition spree as offshore deals hit US$91b YTD

This comes from US$41.9b in M&As recorded in the previous year.

Embattled Starhub axes 300 employees amidst restructuring exercise

A one-off restructuring cost of about $25m will be used for outplacement, training, and coaching.

COE premiums for small cars down in October bid

COE premiums for goods vehicle and buses hiked 5.15% to $28,501.

CapitaLand bags $300m sustainability loan

It can be used for general corporate purposes and not just for specific projects.

Daily Markets Briefing: STI up 0.76%

Wall Street gains could push the local bourse even further today.

Mapletree buys logistics portfolio for $1.54b

They have a total area of 16.5 million sq ft.

Electronic arrival card for tourists to trial by 4 October

It will save up to 48 million paper-based cards in a year.

Exxon Mobil targets multi-billion dollar investment for its Singapore refinery

The investment will develop fuels with sulphur content limited to 0.5%.

UK acquisitions could boost Ascendas REIT

The shift towards online retail sales works to the advantage of logistics take-up.

Singtel rolls out QR code cross-border mobile payment in Thailand

They eye to expand the service in India, the Philippines, and Indonesia.

Singapore to sustain 4% pay hike in 2019: study

It lags behind other Asian counterparts which are geared for 0.1 to 0.5% salary hike increases.

Wheelock Singapore to delist following buyout

Shares retained by the public is less than the 10% free float requirement.