News

Lian Beng Group bags $117m construction deal

Its order book stands at $1.32b as at 18 March.

SIA set to issue $500m of five-year fixed rate bonds

It may upsize the offer to up to a maximum of $750m if it gets oversubscribed.

Hyflux says restructuring under threat, cites PUB default notice

Hyflux and Tuaspring have until 1 April to resolve all defaults or PUB will take control of the plant.

YNG Corporation bags $30m from Asia Financial Group

YNG will also issue 65 million warrants to AFG.

CapitaLand Commercial Trust eyes $1.5b Duo Tower

It is in talks with M+S Pte for the 39-storey property.

Braddell View to launch en bloc sale for $2.08b

The site's owners are exploring the possibility of selling the site as two separate plots.

EY set to launch startup incubator programme in Singapore

Up to five startups in the fintech, legal tech and regulatory tech space will be offered a six-month rent-free residency at the EY wavespace.

Chart of the Day: Singapore is fourth largest source of real estate investment

The Asia Pacific region accounted for half of transactions in 2018.

Singtel's cross-border mobile payment alliance VIA welcomes Japan's NETSTARS

The partnership will add 100,000 stores to VIA’s 1.6 million merchant partners.

Singapore's export and manufacturing woes spur economic slowdown in 2019

GDP growth is expected to decline to 2.4% in 2019 from 3.2% in 2018.

Only one in four construction SMEs paid their debts on time in Q4 2018: report

Weak activity was attributed to lower than anticipated construction demand for both the private and public sectors.

SBR National Business Awards 2019 opens nominations

Entries are now accepted from trailblazing local businesses in Singapore.

Singapore banks' credit costs to rise 5bp in 2020

The IFRS9 will require banks to set aside for anticipated losses.