News
DBS prices first SORA-based floating rate notes
DBS prices first SORA-based floating rate notes
The notes have a notional amount of $20m (US$14m).
IBM, IMDA, M1, and Samsung launch 5G industry trial
The trial aims to develop solutions that can be applied across industries.
SATS' earnings will bounce back at a slow pace: analyst
The closure of Changi’s Terminal 2 is also bound to hit the firm in the coming months.
NOVI Health brings holistic approach to lifestyle-based illnesses
Its team of medical specialists, dietitians, and fitness coaches offers lifestyle interventions.
HC Surgical shareholder blames CEO for breach of duty
This was related to the hiking of its stake in Julian Ong Endoscopy & Surgery.
HSBC to put Singapore trader Zenrock under judicial management
Last month, the trader assured that it was not under financial stress.
One-stop HR platform StaffAny streamlines admin tasks
The platform reduces work dedicated to scheduling and time tracking.
RWDC Industries nabs $188.42m in series B funding round
The company will use the funding to meet growing demand for PHA.
Great Eastern's net profit crashed 90% to $33.9m in Q1
Total weighted sales rose due to growth momentum in Singapore and Malaysia.
UOB's net profit down 19% to $855m in Q1
Total impairment charges skyrocketed 96% to $286m.
OUE C-REIT's NPI up 42.5% to $62.08m in Q1
Mandarin Gallery, Mandarin Orchard Singapore and Crowne Plaza Changi Airport boosted NPI.
Daily Briefing: Singapore to ramp up factory activities as virus curbs ease; MCI, IMDA working with telcos to boost network capacity and internet connection
And d:tribe invests in Australian AI startup Shelfie.
Daily Markets Briefing: STI up 0.34%
DBS led the gains amongst top active stocks with a 0.66% expansion.
Chart of the Day: Occupancy of homes in OCR rose to 95.9% in Q1
It posted the highest occupancy rate amongst regions.
Logistics company Ninja Van bags $394.73m in series D round
B Capital Group, Monk's Hill Ventures and Grab participated in the round.
UOB extends $4b in loans to mid-sized enterprises
The bank also tapped MAS SGD Facility to help clients access funds at lower interest rates.
Olam breaks off $156m deal on US onion and garlic facility
Mesirow has been unable to secure the required debt and equity financing.
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Commentary
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