News
ABB clinches contracts to build electric bus charging facilities
ABB clinches contracts to build electric bus charging facilities
The facility will recharge electric buses in less than ten minutes.
OCBC ties up with Republic Polytechnic for PayNow partnership
This marks the first PayNow tie-up with an educational institution.
Singapore's fintech adoption rate almost tripled to 67% in two years: study
It is ahead of the APAC average adoption rate of 64%.
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%.
Chart of the Day: Online HR hiring in Singapore up 10% in March
This reversed two consecutive months of decline.
Daily Briefing: Fintech InstaRem eyes digital banking license; Oman-based investment firm Jabreen Capital acquires stake in EastBridge Partners Singapore
And Spanish laundry startup Mr Jeff plans to launch in Singapore.
Nine in 10 marketing firms consider relocating to Singapore
Singapore’s central location in Asia allows companies to test the market in minimal time.
Commentary
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform