News
Sembcorp unit inks $74m revolving credit facility with DBS Hong Kong
Sembcorp unit inks $74m revolving credit facility with DBS Hong Kong
The facility can be extended by two years.
Keppel, KIT propose 10-year extension on capacity trolling agreement for KMC Plant
The parties plan to extend the agreement until 2040.
WTCA encourages Singapore firms to explore ASEAN-India trade
ASEAN and India recorded a bilateral trade volume of $177.2b in 2022-2023.
Keppel REIT acquires 50% stake in 255 George Street in Sydney for $321.0m
The freehold Grade A office building has a committed occupancy rate of 93%.
IMAS unveils tool to match fund managers with fintech solution providers
The directory aims to provide fintechs with a better understanding of industry gaps.
Singaporean businesses are most confident in expansion plans
Macroeconomic uncertainty is the biggest barrier to business growth in ASEAN.
Annual online hiring sees 22% dip in February amidst economic challenges
The BFSI sector saw a 36% decline in hiring activity.
Daily Markets Briefing: STI down 0.85%; Top stock is Yangzijiang Shipbuilding
Yangzijiang Shipbuilding is the top stock with a 3.24% increase.
Soon Hock Land wins JTC tender for industrial site at Tuas Link Close
The project is targeted to be completed in 84 months.
CCCS names Alvin Koh as new chief executive and commission member
He will assume his post on 1 April.
Singapore charges 2 former Sembcorp Marine officials with corruption over alleged Brazil bribery
One of them was also charged with obstruction of justice.
HSBC launches $150m venture debt offering for Singapore firms
This will support various funding requirements with a tenor of up to three years.
HSBC unveils $1b ASEAN Growth Fund for digital platform players
The amount will be used to lend to digital companies to boost their operations.
Singapore Airlines and The Club partner for points and miles conversion programme
This will also provide members access to exclusive packages and benefits.
ESR-LOGOS REIT secures $200m sustainability-linked loan
This is the company’s first sustainability-linked facility.
MAS extends suspension of remittances to China through unauthorised channels for 6 more months
It will be effective until 30 September 2024.
Daily Markets Briefing: STI up 0.57%; Top stock is DBS
DBS is the top stock with a 1.524% increase.
Commentary
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