News
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.
Market update: STI down 0.74%
DBS stocks dipped by 0.88%
Singapore and Indonesia team up on cross-border payments connectivity project
This will launch in the second half of 2023.
Frasers Property appoints new Group Head of People
The new group head is a seasoned veteran with over two decades of experience.
Thomson Medical group chief steps down
The board said a potential successor has been identified and will be announced soon.
Thomson Medical profit balloons 572.7% to $41.27m in H1
Higher profits were boosted by several factors including increase patient load.
Sinopec interim profit soars by 10.4% on stronger oil and gas prices
The group reported an interim income of $8.85b.
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Commentary
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