News

Olam secures $205.37m SOFR club loan

Olam secures $205.37m SOFR club loan

Proceeds will be used for Olam's general corporate purposes.

Keppel Land China divests 40% interest in Nanjing Jinsheng

The completion of divestment will take place during the first quarter of 2022.

CICT launches 103.6 million new units for private placement

This is to raise gross proceeds of more than $200m.

Check out the winners of the inaugural Malaysia Management Excellence Awards

Outstanding companies were lauded for their exceptional business practices.

Here are Singapore's 2022 top 10 talent trends

Hays Singapore said sustainability is one of the top themes among the trends.

Market update: STI up 0.65%

Genting Singapore had the most growth for the day.

New COVID outbreak, inflation, rising interest rates pose risks to Singapore’s financial stability: MAS

Banks should have enough buffers and find climate transition risks manageable.

Singapore welcomes WTO deal on services domestic regulation

The initiative is expected to improve the operating environment for SG businesses.

SIA Engineering signs 10-year engine test agreement with Safran

This includes the upgrade to the latest data acquisition and control system.

Far East Hospitality Trust to divest Central Square for $313.2m

A potential incentive fee of up to $18m may be applied. 

Sembcorp Marine subsidiary to scheme world’s first zero-emission fuel tanker

This is part of the group’s efforts to spearhead maritime decarbonisation.

Retail sales jump 7.5% YoY despite tight restrictions in October

This is higher compared to September's retail sales YoY increase at 6.8%.

F&B sales down 4.5% YoY in October to $659m

Restaurants experienced the most YoY decline at 24%. 

SBR salutes top executives and teams at Management Excellence Awards 2021

Over 40 companies were recognised in the 7th edition of the awards programme.

Korea exempts VTL travelers from SG from 10-day quarantine rule

VTL scheme to proceed “without change” amidst detection of Omicron variant in Korea.

Market Update: STI up 0.33%

SATS, Sembcorp Industries, and the SGX led the index.