Staff Reporter

DBS completes SG’s first USD SOFR-linked export financing transaction

This US$25m transaction, priced off SOFR Averages, is a significant industry milestone as the global Interbank Offered Rate (IBOR) transition gathers pace.

Cromwell E-Reit sells off France asset at €5.8m

The sale is 53% higher than the IPO purchase price.

CLCT prices $150m seven-year notes at 2.4%

The notes will be issued under the company’s $1b multicurrency debt issuance programme.

Singaporeans rank amongst the lowest in ESG investment awareness

This is despite Singaporeans having a strong interest in sustainable investing.

Cash flow test now sole determinant for company insolvency

This is based on a new ruling by the Court of Appeal.

Singapore ranks 7th most expensive city

It dropped two places from 5th in 2020.

Third most expensive apartment sells in May

A condominium sold for $34.4m in May, the third most expensive since 1995.

Will the government implement cooling measures on home prices?

Real estate services provider Savills thinks the case for cooling measures on the residential market is weak.

Pandemic highlighted Singapore’s need for ‘white spaces’

The government will review its broader approach to land-use and city planning.

Market Update: STI down 0.28%

Venture saw the sharpest decline during Tuesday's trading, with a 2.83% drop.

Chart of the Day: SG iEdge All Healthcare Index posts 5.3% total return in Q2

Its 10 most traded stocks averaged a 6.2% total return over the 11 weeks.

ThaiBev to review BeerCo’s IPO plan at “appropriate time”

The company again deferred the listing due to uncertain market conditions.

OLAM outlook remains positive as industry recovers

Initial estimates showed its operational profit grew 15.5% in the first quarter.

MinLaw extends TPF framework to more legal proceeding categories

This will allow more businesses to have an alternative avenue to fund meritorious claims.

CCCS launches public consultation on SIA-ANA joint venture

The government agency is assessing whether the joint venture infringes on competition laws.