News
OCBC, DBS vying for Indonesia's Bank Permata
OCBC, DBS vying for Indonesia's Bank Permata
Bank Permata’s owners are seeking a valuation 1.6x of its book value.
General Electric invests $60m in gas turbine repair centre in Singapore
The centre will start repairing components in 2021.
Sembmarine delivers semi-submersible rig to Helix Energy Solutions
It is used for well intervention and decommissioning in waters up to 3,000m deep.
SPH REIT banks on rising consumer spending with Westfield Marion buy
The mall’s proximity to several government-backed projects nearby will boost spending in the long run.
SEEDS Capital, MPA seek to invest $60m in Singapore maritime tech
The two groups are looking for joint investors.
SPH REIT buys 50% stake in South Australia's largest mall for $636.5m
Westfield Marion attracts 13.5 million annual visitors with a 99.3% occupancy.
Genting Singapore's profit plunged 24.5% YoY to $158.9m in Q3
Weaker volumes in the gaming segment caused the drop.
Chart of the Day: Check out the top hotel investment transactions for 2019
Ascott Raffles Place’s 268 rooms sold for an average of $2.4m each.
Daily Briefing: Temasek leads funding in US-based Bowery Farming; Fintech Xfers launches stablecoin pilot
And parenting portal theAsianparent closes its Series C funding.
Daily Markets Briefing: STI up 0.71%
Capitaland led the gains amongst top active stocks with a 1.91% rise.
COE prices for all vehicles except motorcycles fell in November
COEs for motorcycles rose to $4,100 from $3,889.
Jardine C&C profits slip 9% to $838m in January-September 2019
Downturns in automotive operations in Vietnam and Indonesia led to the fall.
New life insurance premiums in Q3 dip 4% to $3b
Total sum assured for businesses grew by $1.3b.
Line maintenance expansion could buoy SIAEC from MRO competition: report
The firm is reducing the business’ man hours and improving turnaround time.
GIC buys tallest building in Beijing's Lize financial district
The firm will wholly own the property after the purchase.
Siam Commercial Bank launches cross-border QR payments in Singapore and Thailand
Singapore merchants can offer promotions and deals through the SCB Easy app.
IMDA launches digital roadmap for hotel industry
It covers digital upgrades, data-driven integration, and higher levels of automation.
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