News
Amidst merger, Sembmarine says net debt to equity ratio improved
Amidst merger, Sembmarine says net debt to equity ratio improved
Its net debt to equity ratio enhanced to 0.26 times from 0.53 times.
Daily Markets Briefing: STI up 0.49%; industrial assets led the index
Frasers Logistics & Trust posted 4.62%, making it the most active stock.
Growth in retail assets seen for Singapore as sales performance improve
Sales growth is expected for 70% of retailers due to China reopening.
SEA’s largest Energy Storage System opens in Singapore
It has a maximum storage capacity of 285MWh.
GSS Energy, MECOM partner for EV business dev’t in Southeast Asia
They will focus on Singapore, Thailand, Indonesia, and Malaysia.
Digital Core REIT NPI reaches $91m in FY22
Its portfolio occupancy is at 96% as of January 2023.
Minister Rajah to clarify stern warning for Keppel O&M on next Parliament meeting
Assertions made were due to “inadequate understanding of facts,” the second minister said.
Grab Singapore appoints MP Pei Ling Tin
She will serve as the Director of Public Affairs & Policy.
Keppel Corporation’s net profit down 9% to $927m in FY22
The decline in urban development earnings caused net profit decrease.
MAS, Brunei central bank ink MOU to deepen financial industry cooperation
MAS managing director Ravi Menon said that they had “a good exchange of views.”
CapitaLand Ascendas Reit’s DPU up 4.3% due to positive rent aversion
The Reit also posted high portfolio occupancy.
PMI contracts to 49.8 in January
It edged up 0.1 points from December.
Strata office market sales reached $743.1m in H2 22
There were 155 units sold in the second half of 2022.
Daily Markets Briefing: STI down 0.46%; top active stock is SATS
SATS topped the index.
FWD Singapore appoints Adrian Vincent as CEO
Vincent joined the insurer in 2019 as a general manager for its life business arm.
GXS Bank names former SGX president as group CEO
Since stepping down in 2019, Muthukrishan Ramaswami has served on the boards of GovTech Singapore and Temus.
EMA bares proposed changes to electricity regulatory framework
It launched a public consultation from 1 February to 3 March 2023.
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