News
Olam unit receives US$1.98b sustainability-linked loan
Olam unit receives US$1.98b sustainability-linked loan
Olam unit secures loan from 19-bank consortium.
Bridgewater expands to Singapore
Singaporean base to pave way for pan-Asian market expansion.
Minister for Sustainability Grace Fu to join G20 joint environment, climate meeting
It is the first time for the G20 to convene a ministerial-level meeting.
GuocoLand profit ‘more than doubles’ to $392.7m in 2022
This reflects a 132% growth during the period.
Market update: STI up 0.65%
OCBC Bank posted the highest growth.
Chart of the day: Import price index slips 4.5% MoM in June
Non-oil imports inched up due to higher prices of meat.
Number of HDB’s flats went up by 8.9% in August
HDB released 4,993 flats in August.
Singtel’s cash flows to benefit from Bharti Telecom stake sale agreement: report
The sale will help SingTel to fund its growth with less external borrowing.
EMA, SP Group to test ice thermal energy storage system
This will address the supply intermittency of solar power.
Lendlease Global Commercial REIT becomes first S-REIT to achieve net zero target
Amongst efforts done by the REIT include a 12% reduction in electricity consumption.
MPA holds multi-agency drills on ferry safety
Nine vessels, a helicopter and about 200 staff were fielded.
MOM mulls 4 changes to workpass framework
This includes a new Overseas Network and Expertise Pass.
MAS unveils additional measures to safeguard retail investors vs crypto risks
Consumers are still "irrationally oblivious" about the risk of crypto trading, said MAS.
ESR LOGOS REIT mulls acquisition of ESR Sakura Distribution Centre
The acquisition is expected to be up to 2.9% DPU accretive to unitholders.
Nine strata retail units at Far East Plaza on sale for $23.6m
Each unit ranges from $2.1m to $5.6m.
Chart of the day: Manufacturing output growth slows down in July
Manufacturing output grew by only 0.6% compared to 2.6% in June.
9 in 10 businesses expect to increase technology use in the next 12 months
Singapore has the highest percentage of RPA users amongst seven markets surveyed.
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