News

Singaporean corporates spearhead Asia’s green banking drive

60% of Singaporean enterprises are taking ESG requests for proposals.

Market update: STI up 0.33%

Jardine Matheson Holdings took the lead.

HSBC Singapore extends S$6m green loan to Durapower Group

Durapower will use the loan for its lithium-ion energy storage solutions.

SG opens VTLs to Australia and Switzerland

The extension is part of the CAAS' cautious effort to revive air travel.

SG establishes first global hydrographic lab

The laboratory will embark on two pilot projects.

IBM, Temasek Polytechnic partner up for Technology Experience Centre

The centre aims to enhance students' capabilities in the hybrid cloud.

EMA to explore geothermal energy potential

Geothermal energy can potentially help diversify Singapore's energy sources.

CPLC Singapore powers up LowCarbonSG to incentivise environmentally aware firms

This covers companies that measure and monitor their carbon emissions.

Temasek launches $4.5b subsidiary to invest in businesses with growth potential

Called 65 Equity Partners, it will focus first on Singapore businesses.

SG manufacturing output down 3.4% YoY in September

Precision engineering, transport engineering and chemicals contributed the most. 

Mapletree Logistics Trust DPU rises 5.7% to to 2.173 cents

Net property income also increased by 21.5% for the same period.

ARA LOGOS records 9% lower DPU in Q3 FY21

Meanwhile, its NPI increased by 13.9%.

Frasers Centrepoint Trust’s DPU jumps by 39.3% in H2

The DPU grew to 6.089 Singapore cents from 4.372 in H2 2020.

Keppel REIT distributable income grows 20.8% to $159.9m

Keppel Bay Tower in Singapore was amongst the main contributors to the increase.

Singapore 2nd most competitive amongst wealth management centres

The country is highly competitive in the mass affluent, high-net-worth segments.