News
Grab lays off 360 employees
Grab lays off 360 employees
It assures affected employees that it will continue to provide them support.
ST Engineering authorised to use drones in aircraft inspection
DroScan was granted the first authorization for unmanned aerial systems.
MOM orders seven workplaces to cease amidst safety lapses
All seven have now been allowed to resume operations.
Singapore sources food supply from Saudi and Poland: report
The country also imports oranges from Egypt and milk powder from Uruguay.
Suntec REIT expects better performance in H2
Its Singapore office portfolio remains resilient with diverse tenant bases.
OUE C-REIT prices $100m notes due 2025 at 4%
The notes are expected to be issued on 24 June and to be listed on 25 June.
Financial institutions may reopen branches, resume in-person meetings: MAS
They must implement all safety measures and maintain a record of meetings.
SIA Group's passenger load factor hit 8.6% in May
SilkAir and Scoot saw the largest declines in passenger carriage.
CapitaLand, OCBC ink Singapore's first SORA-based loan
The $150m three-year corporate loan is part of a sustainability-linked loan.
Lum Chang unit claims $155.5m contract to refurbish Octagon building
The commencement date is expected to be on 3 August.
Singtel's Thai unit not liable to pay $323.62m to local regulator
This follows after AIS filed a lawsuit against Thailand’s NBTC.
Mapletree Logistics Trust buys warehouse in Australia for $20.22m
This is the company’s second logistics facility in Brisbane.
GDP expected to contract 11.8% in Q2: MAS survey
Accommodation and food services could be the worst-performing with a 26% decline.
Chart of the day: New sales of private homes plummeted 62.4% YoY in April
This is due to closures of condominium show flats.
Daily Markets Briefing: STI down 2.64%
UOB saw the sharpest decline amongst top active stocks with a 6.55% contraction.
Daily Briefing: Returning 'fast lane' travellers can appeal for a swab test in place of stay-home notice; Mapletree buys part of warehouse in India
And One Championship raised additional $97.6m from investors.
High Street Centre up for public tender at $800m
URA will support a development of at least 60% of GFA for mixed commercial use.
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