News
NUS and Vietnam’s FPT inject US$50m to advance AI-driven solutions
NUS and Vietnam’s FPT inject US$50m to advance AI-driven solutions
They will also conduct internships and PhD research opportunities, amongst others.
Singapore develops framework for RECs in cross-border electricity trade
The timeline for this framework is still being finalised.
AcroMeta to divest Life Science Incubator for $2.7m
It holds a 70% stake in the company.
Ben Kuang Marine to redeem $3.5m bond
The company has also proposed to issue up to $3.5m bonds due 2027.
Advanced Holdings subsidiary sells Advanced CAEKSA for $1
The transaction will be completed before 31 October 2024.
Keppel Pacific OAK US REIT obtains US$45m loan facility
It secured the facility through its trustee.
Keppel forms joint venture to develop 80MW data centre in Taiwan
The JV will develop the data centre in two phases.
Great Eastern gets more time from SGX to restore public float
It has until January 2025 to meet the listing requirement.
Singapore inflation expectations steady as fewer anticipate price drops
Only four in 10 expect inflation to decline over the next year.
Thomson Medical to issue $160m notes at 4.65% fixed rate
The notes are due in 2029.
Seatrium bags $100m contracts for vessel repairs and upgrades
The contracts include a a Carbon Capture and Storage (CCS) retrofit.
Lion Asiapac Limited warns of Q1 2024 profit loss
The expected loss is due to lower orders from its trading business.
Sheffield Green unit to acquire training center business in Spain
The subsidiary plans to incorporate a company in Spain for the acquisition.
EnterpriseSG launches sustainability reporting grants for local firms and SMEs
The initiatives will support firms reporting on sustainability and help others prepare.
Sembcorp, PT PLN to develop SEA’s largest green hydrogen project
It has a production capacity of 100,000 metric tonnes yearly.
Daily Markets Briefing: STI down 0.7%; Top stock is DBS
Singtel is the top stock with a 2.52% increase.
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Commentary
SG60: What the next 10 years have in store for Singapore’s investment landscape
Microclimate retrofitting could be Singapore’s next big sustainability play