News

COSCO Shipping plans to sell 60% stake of its SG subsidiary

COSCO Shipping plans to sell 60% stake of its SG subsidiary

Cosco Shipping International says its Singapore arm's dry bulk shipping business lacks competitiveness.

Singtel to sell 70% stake in Australian asset for $1.8b

The group plans to use the fresh capital to fund its 5G roll-out.

Independent Reserve gets crypto licence from MAS

It is one of the first virtual asset service providers to obtain full licensure approval.

MAS grants DBS brokerage arm crypto licence

The monetary authority also granted one to an Australian firm.

MAS grants DBS brokerage arm crypto licence

The monetary authority also granted one to an Australian firm.

AIMS APAC Reit set to acquire Woolworths Headquarters

The property is located in New South Wales, Australia, with an estimated price of $454.91m.

Capitaland's ex-CEO joins HDB board

The new appointee is Lim Ming Yan.

Market update: STI up 0.5%

Jardine Matheson showed the most growth.

SGInnovate teams up with World Economic Forum for global collaboration

This is the first expansion of the initiative to Singapore. 

SGD NEER likely to be supported in MAS’ MPS - HSBC

The policy is expected to normalize in April 2022. 

ICES, NTU, NUS to host $45m projects for Singapore's green plan

This R&D initiative is called 'Closing the Waste Loop'.

HSBC, Temasek partner to fund sustainable infrastructure projects in Asia

The two hope to dispense over US$1b of loans over the next five years.

Keppel O&M finalises offshore substations for Ørsted

These stations are located in Taiwan’s Greater Changhua.

CapitaLand China Trust secures $150m sustainability-linked loan from UOB

It is the first Singapore-listed REIT to secure this loan from a China portfolio.

Semiconductors to continue its outperformance: RHB

Firms that have retained clients could see a ramp-up of orders this year.