Singapore
Keppel O&M on the cusp of recovery with $1.9b contract win YTD
It surpassed the $1.7b new orders secured during the whole of 2018.
Prime US REIT makes trading debut on SGX-ST
It launched the largest IPO YTD by market capitalisation.
Banks' NIM expansion could hit 1-2bp in Q2
Both OCBC and UOB could have a NIM expansion of 2bp during the period.
Daily Briefing: GIC mulls bid for Brussels settlements firm Euroclear; Smart City Kitchens files complaint against Deliveroo and GrabFood
And Thai accelerator Rise forays into Singapore with its corporate AI programme.
Scoot to operate at Changi Airport's Terminal 1 in October
The move will improve the customers’ check-in experience.
Chart of the Day: New condo sales volume could jump 33% in Q2
It was led by new sales in the Rest of Central Region (RCR) area.
Digital consumers power up Singapore's big three banks
DBS and OCBC generate twice or thice as much revenue from digital retail and SME customers than traditional customers, on average.
Daily Markets Briefing: STI up 0.5%
DBS is the top active stock as it rose 1.18%.
SPH REIT unveils incremental facility notices to refinance $210m loan
The notices will have four to five-year tenures.
Global Innovation Alliance network expands to Vietnam
ESG, Quest Ventures and SIHUB will help Singapore startups set up, test-bed and commercialise their solutions in Ho Chi Minh City.
Keppel Corporation profits dropped 39.3% to $356.28m in H1
The lack of en-bloc sales and lower contributions from property trading weighed on its earnings.
SATS Q1 profits down 14.4% to $54.7m
It was hit by lower cargo revenue and the consolidation expenses of its GTR entities.
Mount Alvernia Hospital and Icon SOC partner to launch $25m integrated cancer centre
The upcoming facility is expected to start its operations in late 2020.
YuuZoo files 2nd request to lift trading suspension
The e-commerce firm described the suspension as “unjustified and deeply damaging”.
COE supply to fall by 17.7% for August-October
The quota will fall to 20,850 from 25,347 in May-July.
Can Keppel DC REIT achieve 7% cap rate level?
Some of its acquisitions have been delayed or taken off the market.