News
Singtel closes deal with Bharti Airtel
Singtel closes deal with Bharti Airtel
Singtel paid $539.4m to raise its stake in the company to 39.51%.
Golden Gate Ventures raises US$100m fund
The new fund is expected to have a first close before the end of this month and the final close by the end of 2018.
Keppel to build Awilco's mid-water rig for US$425m
It will be used for operations in harsh environment like in Norwegian Continental Shelf.
Retail sales dropped 8.4% in January
Total retail sales value also dropped 9.3% from $4.3b to $3.9b.
Singapore's big developers vulnerable to shocks amidst rising debt
In 2007, Singapore developers’ debt was only around 6% of the GDP, whilst in 2016, it has more than doubled to almost 14%.
ST Engineering tests pollution-filtering bus stop
It will test the bus stop for 12 months in front of Dhoby Ghaut MRT Station from March 2018.
SGX partners with fintech firm to launch cloud network for listed companies
Companies will be soon be able to communicate with analysts and investors, monitor sentiment, and compare industry performance.
OCBC could gain $608m after Great Eastern Malaysia sale
Analysts also expect a special dividend should it sell 30% of its stake.
Goldilocks backs SGX's compliance order on Noble
But others are sceptical of an independent advisor’s impact on the deal.
Chart of the Day: See how the hospitality industry weakened over the past 12 years
Negative changes in revenue per available room at started in 2013.
Daily Briefing: StanChart-owned investor offers Tat Hong privatisation for $376.6m; Grab eyes bike-hailing app launch
And here's why Singaporean developers are vulnerable to profit shocks.
Daily Markets Briefing: STI up 0.15%
Expect some gains today.
SIIC Environment eyes dual listing in SEHK
It expects to start share trading on 23 March 2018.
First Resources beats trending decline in fresh fruit bunches growth
Other companies registered drops in FFB production ranging from -1.0% to -16.7%.
Hotel room supply to increase 1.2% in 2018
Upscale and Mid-Tier hotels clocked a +0.1% revenue per available room (RevPAR) increase in 2017.
7 in 10 businesses unprepared for cloud service outage: survey
They are also unaware of the cost of cloud service interruption.
Hongkong Land 2017 profits up 14% to $1.28b
They were boosted by higher rental income and development profits from China.
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