News
Grab raises $1.19b from MUFG, Japanese IT firm TIS
Grab raises $1.19b from MUFG, Japanese IT firm TIS
The money will fund the app’s expansion into financial services.
COVID-19 weighs on deflationary pressures for 2020
But MAS kept its inflation forecasts to 0.5-1.5%.
Nominations open for SBR Listed Companies Awards 2020
Deadline for submission of entries is on 22 May, Friday.
BreadTalk to be delisted from SGX
Its major shareholders offered to buy all of its other shares for $0.77 apiece.
Sembcorp Marine expects extension of loss-making streak in 2020
But it also sees improvement in order visibility and prospects in other sectors.
Raffles Medical ramps up services amidst COVID-19 outbreak
A virus kit with masks, sanitisers, and vitamins can be ordered online.
MAS warns of fake calls impersonating staff
It stressed that it would never ask the public for personal or bank information.
SGX launches methanol futures and swap contracts
S&P Global Platts daily price checks will be used as their benchmark.
FCOT secures $100m sustainability-linked loan
It has a price reduction feature with interest cost savings from the second year onwards.
Where would Keppel DC REIT's next buy be?
The REIT could spend as much as $600m in deals, and it won’t be in Singapore.
Singtel's India unit gets go-ahead for merger
Its board of directors also extended its long stop date to 24 April.
SIA suspends selected scheduled flights until May
The group stated that this will cause a 7.1% fall in the scheduled capacity.
Chart of the Day: Sales volume of huge strata offices surged in 2019
It led the surge of strata office deals in 2019 to $1.2b.
Daily Briefing: Lawyer involved in AlliedTech's missing $33m gets 12 more charges; The M sold 70% of units over weekend launch
And brand-conscious investment bankers are aiming for big banks’ back-office roles.
Daily Markets Briefing: STI down 1.22%
Venture Corp saw the sharpest decline amongst top active stocks with a 4.11% contraction.
Core inflation hit 0.3% in January
This was blamed on lower services inflation and a steeper drop in the cost of retail.
Top 5 S-REITs averaged total return of 8.5% in 2020 YTD
Ascendas REIT leads the pack with a net institutional inflow of $69.1m.
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Commentary
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