News

Sunseap to build five-hectare offshore floating solar system along Straits of Johor

The system will reduce 26,000 tonnes in greenhouse gas emissions once operational in 2019.

CapitaLand wins bid for Guangzhou Science City site for $175.2m

It plans to build a development comprising of office, retail space and serviced residence by 2022.

Wilmar Q3 profits jumped 18.2% to US$434.91m

It was backed by higher sales especially in its tropical oils segment.

CapitaLand and GIC to buy Shanghai's tallest twin towers for $2.54b

The two 50-storey buildings have an office and retail component.

Qoo10 to enable package collection at 7-Eleven by end-2018

The service will be initially available at 75 stores.

Private condo resale prices dipped 0.4% in October

Resale volume rose 3.7% to 703 units resold.

Chart of the Day: CBD Grade A space market could remain constrained until 2021

Only one office building is expected to be completed in Q4.

Retail sales up 1.9% to $3.6b in September

Petrol service stations recorded the highest sales increase at 11.4% due to higher petrol prices.

SGX RegCo proposes delisting rule changes to boost minority shareholders

Parties linked to the delisting offer may soon be banned from voting.

Singapore Business Review bags Business/Professional Media of the Year Award at the MPAS Awards 2018

Its sister publication Asian Banking & Finance landed the gold award for the business/professional media of the year in the Asia Pacific Publishing Awards.

OUE Q3 profits crashed 80.7% to $2.07m

It blamed non-cash marked-to-market fair value loss of investments.

Grab and UOB form digital payments service alliance

Customers can pay and top up their GrabPay wallets directly from their UOB bank accounts.

Oxley leases No. 2 Dublin Landings for $166.32m

Oxley will be entitled to 76.84% of the price, which covers a 300-year lease.

Starhub's Q3 profits fell 12.8% to $57m

It blamed higher operating costs in equipment and traffic expenses from roaming.