News
Singtel's Optus issues $334.57m 5-year notes and $477m 10-year notes
Singtel's Optus issues $334.57m 5-year notes and $477m 10-year notes
Both will be issued on 1 July and are guaranteed by Optus and certain subsidiaries.
Singtel, Starhub-M1,TPG get go-ahead to operate 5G
The three firms have appointed tech partners for various 5G developments and trials.
HDB issues $800m fixed-rate notes
The notes have a coupon of 1.265% per annum and are payable semi-annually.
Temperature kiosks to be deployed at 70 public transport locations
This is part of the SG United initiative and will be released in Q3.
Chart of the Day: Only 6.3% of home units in the pipeline were launched in Q1
This amounts to 2,093 private residential units.
Daily Markets Briefing: STI down 0.24%
Wilmar saw the sharpest drop amongst top active stocks with a 2.15% contraction.
Daily Briefing: Singapore to deploy contact-tracing device; TurtleTree raises $4.46m seed round
And public libraries to reopen on 1 July.
Grab puts partnership with Wirecard on hold: report
This is days after the troubled firm disclosed a $2.92b financial hole.
Singapore launches 12 sites for H2 GLS programme
These can yield up to 6,670 private residential units and 101,500 sqm of commercial space.
ARA plans partial takeover of Cromwell Property
An offer will be made to acquire 29 Cromwell securities for every 100 owned at a cash price of $0.90 per security.
MIT secures $410m from oversubscribed private placement
It was approximately 8.2 times covered at the top end of the issue price range.
General Elections to take place on 10 July
President Halimah Yacob dissolved the Parliament and issued a Writ of Election.
UNL bridges gaps for under-addressed locations
The mapping tech startup gives places a unique universal address to make them digitally fit.
KIT, Keppel Energy nab $700m sustainability-linked loan
This will be used for its jointly owned gas-fired cogeneration plant.
Oil trader Hin Leong has no future as independent company: PwC
The accounting firm found a number of irregularities in the oil trader’s finances.
Hong Leong Finance rolls out business loan campaign
This is said to help SMEs with cash flow issues.
SOS to earmark over $1.5m for crew change support
This will be used to defray costs for seafarers staying at the Seacare Hotel.
Commentary
What matters for Singapore’s AI future is consistency, not brilliance
The AI pilot worked. Now comes the real test
Are Singapore startups’ employee incentive plans still competitive?
Singapore’s small exporters need credit that matches their payment cycle
The hidden realities of succession for next-gen heirs
In Asia, fintech leaders must compete on credibility
F1 on a gravel road: Why AI is still stuck in first gear
Why AI blocklists give Singapore firms a false sense of security
When scale arrives before proof: Singapore’s capital allocation question in Southeast Asia
Rethinking fleet ownership in a changing business landscape