News

Noble bows out of paying for US$1.1b revolving credit facility

But it has now raised the support for its restructuring agreement to 55%.

Olam gets US$163m loan from ADB and JICA

The proceeds will be used mainly on Café Outspan Vietnam Limited.

Daily Markets Briefing: STI down 1.64%

DBS fell 2.65% and led the declines.

Chart of the Day: Public construction progress payments to rise in 2018

This will be supported by the work in the 21.5km North-South Corridor.

SMEs' profit and turnover expectations hit 3-year high in 2017

A study implied that firms are more confident of the economy as they focus on the domestic market.

900,000 HDB owners to get Service & Conservancy Charges rebates worth $126m

Each eligible household will receive 1.5 to 3.5 months of rebates starting April.

Sasseur REIT IPO oversubscribed 3.7 times

It received $41.1m for 2,832 applications of publicly offered units.

Sembmarine wins contract to build FPSO for Energean-operated field

The vessel could be worth US$1.36b, according to previous calculations.

Chart of the Day: Households can now own more assets without needing to borrow

The growth of financial assets has been outpacing consumer loans for two years.

Daily Markets Briefing: STI up 0.79%

Wall Street losses could keep investors wary today.

ST Engineering CEO eyes doubling marine revenue in 5 years

Vincent Chong is positive the US Yard will be able to contract for the US Navy given the 20% rise in naval spending.

Singapore's data breach fines are the most brutal in Asia

It enforces fines of up to $1m for non-compliance with data protection rules.

Grocery retailers find growth in Punggol and younger estates

RHB Research believes 3.6% of the industry growth came from the newer estates.

Big three banks net profit surged 27% in Q4

This comes amidst a steady stream of fintech investment.