Singapore
ST Engineering sells two Australian pilot schools for $9.3m
It sold all its shares in the academies to Australian airline company REX Holdings.
ST Engineering sells two Australian pilot schools for $9.3m
It sold all its shares in the academies to Australian airline company REX Holdings.
Plunge in drug exports extends NODX decline in October
Pharma drug exports plunged 36% for the month.
Olam wins sustainable palm oil certification in Gabon
Its Makouke plantation is the fourth to receive an RPSO certification.
Soilbuild bags $162.5m contract for Tai Sheng Avenue factories
Four blocks of 8- to 9-storey factories will be built.
Banks could grapple with falling interest margins in 2020
An easing monetary policy and slow loan growth are dragging on NIMs.
What's next for Singapore's mature power market?
Growth for power producers lies in innovations geared towards grid transition, according to S&P Global Ratings.
Chart of the Day: Condo resales down 8.5% to 1,855 units in Q3
This may be due to an increase in new condo launches.
Tightened rules on auditing call for higher tech and workforce investments
The Big 4 are strenghtening their audit advisory services and expanding into cybersecurity and compliance.
Fresh floater projects to buoy Sembcorp Marine's profits
Revenue has already surged 40% to $1.04b thanks to three projects.
OCBC and Standard Chartered complete Singapore's first OIS trade using SORA
The trade is a one-year interest rate swap fixed against SORA.
S-REITs double equity offerings for 2019 with $6.1b raised so far
Ascendas REIT’s $1.3b rights issue will be the largest to date upon completion.
Sheng Siong to buy Aljunied HDB commercial property for $29.5m
The deal is expected to be completed by fiscal year 2020.
Property investments hit $10.2b as investors target tight office supply
The city recorded its lowest volume of office supply in a decade.
SIA passenger load factor up 2.5ppt in October
Passenger carriage grew 8.7%.
Time to embrace sustainability in the fashion industry
Greenhouse gas emissions from the apparel industry is expected to increase to 49% in the next decade.
DBS to adopt risk management framework The Equator Principles
This will allow it to test its funded projects according to environmental and social standards.
Frasers Property profits fall 25% to $569m in FY2019 over Australia woes
The company’s Singapore and Australian projects reported lower contributions.
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