News
Daily Briefing: PE firm Northstar makes first close of its $1.14b fifth fund; Tenants frustrated on lack of rental rebate information
Daily Briefing: PE firm Northstar makes first close of its $1.14b fifth fund; Tenants frustrated on lack of rental rebate information
And visits to four popular markets to be restricted based on identification card numbers.
Daily Markets Briefing: STI down 0.07%
SGX led the gains amongst top active stocks with a 1.21% expansion.
Chart of the Day: 400,000 sqft of retail property supply set for 2020
Most of the upcoming supply will be located in the city fringe.
Keppel-led consortium nabs $1.5b contract for Tuas Nexus waste management facility
They will build waste-to-energy and materials recovery facilities.
SGX RegCo grants extensions to release full year unaudited results
The revised circuit breaker period will affect issuers whose full-year ended before it.
Suburban prime retail rents rose 0.3% in Q1
Travel bans and circuit breaker measures could further affect retail.
ComfortDelGro extends full taxi rental waiver for one month
This is expected to cost the firm an additional $17m.
Keppel DC REIT's NPI jumped 28.3% to $55.44m in Q1
IT and augmented and virtual reality spending to grow this year.
SembMarine to limit workers in shipyard until the end of circuit breaker period
This aims to reduce the transmission of coronavirus amongst workers.
Citi Singapore to grant summer interns with full-time analyst roles
The start of the programme will be moved to July.
How hotels and employers should prepare for disasters
There are multiple security layers that firms should lay out for their employees’ safety.
Suntec REIT's NPI slid 7.2% to $54m in Q1
The REIT expects a subdued Q2 for its mall portfolio.
OCBC to hand out $1b in SME loans by 30 June
The bank will pass all cost savings to SMEs by lowering the interest rate.
UOB offers $200,000 pre-approved loans to small businesses
The bank has approved three times more loans in March compared to January.
ESG, MPA, MAS assure that Hin Leong won't hit oil trading and bunkering sectors
Oil trading and bunkering sectors remain resilient despite drop in demand.
Almost half of finance leaders admit scant reporting on ESG
More than a third said that they find environmental impact the hardest to report about.
SPH REIT's NPI jumped 18.1% to $103.5m in H1
The recently acquired shopping centres contributed to the trust’s growth.
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