News
Financial advisors greenlight FLT and FCOT merger
Financial advisors greenlight FLT and FCOT merger
FLT’s advisors found the merger to be on normal commercial terms.
NetLink sees growth in non-residential and NBAP spaces
It could find demand for point-to-point connections from data centre clients.
Great Eastern to supplement customers' insurance amidst COVID-19
Those that are hospitalised will receive a cash benefit of $200 per day up to 60 days.
Sembcorp investor sentiment hit by investment losses
Much of the group’s impairments came from the recently-acquired UKPR assets.
Banks to record anaemic loan growth of 1.5% in 2020
The COVID-19 and the expected monetary easing will weigh on banks.
Keppel's associate Floatel halts proposed merger
The companies viewed that any near-term merger was unlikely.
Bharti Airtel could counter Singtel's enterprise business: analysts
Its India unit is projected to add $500 to its FY2021 profits.
OCBC offers support measures to customers
It will provide a moratorium on principal repayment for loans.
SATS' profits fell 13.9% to $59.3m in Q3
The group’s expenditure soared amidst consolidations of its subsidiaries.
Daily Briefing: Government to offer $77m support for taxis; Neil road conservation shophouses for sale
And a Fu Lu Shou complex office portfolio has been launched for sale via EOI.
Daily Markets Briefing: STI down 0.1%
Genting Sing led the gains amongst top active stocks with a 1.14% expansion.
Chart of the Day: Freehold shophouse prices slipped 16.5% in 2019
Buyers were less willing to commit to freehold shophouses at higher unit prices.
RAS urges landlords to ease F&B rents
Jewel Changi was the first to respond, as they will cut rents by 50%.
DBS extends COVID-19 liquidity relief to SMEs, retail clients
Principal repayment moratoriums are available to those with good repayment histories.
CapitaLand launches $10m marketing assistance amidst outbreak
It will also implement flexibility to operate shorter store hours for retailers.
Singapore Shopping Centre relaunched for en bloc sale for $255m
It comes with a provisional approval to rezone for hotel use.
Genting Singapore will likely recover in H2: analysts
The firm still has an attractive valuation relative to regional gaming peers.
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