News

OCBC ties up with Republic Polytechnic for PayNow partnership

This marks the first PayNow tie-up with an educational institution.

Firms slack off in bills payment for Q2

Slow payments ate up over one-third of total transactions due to deteriorating credit conditions.

85,000 e-scooters registered before deadline: LTA

Nearly 1,000 registrations were recorded on the last day.

Golden Equator Capital raises $122.11m for two funds

This will finance the growth capital of an undisclosed public listed company and focus on infrastructure, energy, and finance.

GIC joins consortium to acquire US railroad firm for US$8.4b

G&W owns a portfolio of 120 short line railroads across North America, Europe, and Australia. GIC and Canada-based Brookefield Infrastructure have partnered to acquire US-headquartered Genesee & Wyoming, a railroad firm, for US$8.4b ($11.39b).

Wilmar to take hit from China's weak soybean demand over swine flu

Demand for soybean-based animal feed weakens as China chops up its hog inventories to contain the epidemic.

Innopac Holdings to delist from SGX-ST

It failed to record a pre-tax profit and an average daily market cap of $40 or more over the last 120 market days.

GIC and Equinix tie up to develop six European hyperscale data centres

The six facilities will provide 155MW of power capacity when fully developed.

Freehold corner sites in East Coast Road and Balastier Road launched for sale

The single-storey property at East Coast Road has a freehold site of 2,872 sqft whilst the Balastier Road mixed property has 4,377 sqft.

CapitaLand sells stake in Central China Real Estate for $496m

The deal comprises 658,116,228 issued and paid-up shares.

Lendlease to co-invest US$1b in Asian data centres

It linked up with an institutional investor to invest in data centres in Australia, China, Japan, Malaysia, and Singapore.

Daily Markets Briefing: STI up 1.52%

CapitaLand led the gains after its stock grew 3.4%.

Nine in 10 marketing firms consider relocating to Singapore

Singapore’s central location in Asia allows companies to test the market in minimal time.