News
Singapore REIT sector raised $4.5b in secondary fundraisings in 2020
Singapore REIT sector raised $4.5b in secondary fundraisings in 2020
The largest placement raised was by Ascendas REIT, at $800m.
Singapore's digital-only banks face uphill battle to reach sustainable profits
Poor performance of earlier neobanks have cast a doubt on their ability to gain income.
LTA awards $34.3m contract for Downtown Line's Hume station
It covers the construction of an entrance, ventilation shaft, and fitting-out works.
SIA raises US$500m in bond issue
The issuance was oversubscribed with the final demand at more than US$2.85b.
SPH REIT gross revenue up 10.8% to $66.6m in Q1 FY2021
The rise was attributed to a $12.8m contribution from Westfield Marion.
DHL Express buys new planes
The first deliveries are scheduled for 2022.
Ascott Residence Trust secures $50m green loan from DBS
Proceeds will be used for lyf one-north Singapore, ART's maiden development project.
Singapore maritime industry remains as ‘world's top bunkering hub'
This is despite the economy contracting by 5.8% in 2020.
STI snaps two-day losses, ending at 2,977
The Straits Times Index ended Wednesday trade in the green, up by 0.34 points or 0.01% at 2,977.51.
Frasers Property recognized for green initiatives
Its energy saving initiatives include reducing consumption by 20% by 2030.
Five ‘laggard' S-REITs slated to outperform in 2021
UOB Kay Hian has named five S-REITs with attractive valuations that could represent opportunities for investors.
Daily Briefing: Singapore's Sea acquires Indonesian bank; Advantir raises 'seven-figure' seed funding
And Geylang Serai Hari Raya Bazaar to be held online on a new digital platform.
Nine in 10 poly graduates employed within six months after graduation
Over half of poly graduates in the labour force are employed full-time.
HDB rents rally 1.2%, condo rents dip 0.2% in 2020
Weak hiring prospects and lack of demand for foreign workers weighed on prices.
How Appboxo's 'apps in a box' turned into a miniapp ecosystem
Growing mobile app market demands more from companies.
Local cupcake chain fined $119,500 for underpaying workers
It pleaded guilty on offences under the Employment of Foreign Manpower Act.
HBD launches platform for simplified housing transactions
The Housing Development Board will roll out the HDB Flat Portal progressively starting today.
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