Singapore
Keppel O&M clinches $130m worth of contracts from repeat customers
It will mark its third newbuild dredger contract for maritime contracting firm Van Oord.
Keppel O&M clinches $130m worth of contracts from repeat customers
It will mark its third newbuild dredger contract for maritime contracting firm Van Oord.
Two-storey Belmont Road GCB for sale at $42m
It has a land area of 27,000 sqft and floor area of 15,714 sqft.
Close to 1 in 2 SMEs paid their arrears on time in Q2
The turning fortunes of the construction sector were cited as a possible reason for the improved performance.
Office rents in Q2 rose 1.5%
Gross effective rents hit $10.79 psf pm.
Chart of the Day: Outbound property investment from Singapore hit $9.6b in H1
Office properties accounted for the highest investment sales volume at $6.4b.
Daily Markets Briefing: STI up 0.36%
Singtel led the gains at 0.57%.
Daily Briefing: Social service agencies to get $20m grant for tech adoption boost; AI platform Near bags $135.9m
And here are the best teams to work for in Citi Singapore.
Harnessing human, machine and digital intelligence to keep innovation centres on the cutting edge
In the age of Industry 4.0, innovation hubs have grown beyond borders almost as a pre-requisite for companies looking to jumpstart their digital transformation journey. Such investments are growing fast across Asia, especially in Singapore. In 2017, the nation has attracted the highest number of innovation centres in the world, adding 13 within the year to bring its total to 27. This number surpassed Silicon Valley and overtook London’s No.2 global spot in the ranking of newly opened hubs.
Utico's 88% stake acquisition in Hyflux could reach $535m
It includes a $400m commitment to the water treatment firm.
SGX RegCo launches consultation for proposed safeguards to securities market
Proposed enhancement include price collars and an extension of the auction routine.
Tepid growth ahead for Sheng Siong stores as consumer spending weakens
The contribution of same-store-sales to earnings is expected to hit only 0.5% in 2019-2020.
Keppel Infrastructure Trust back into the black as Q2 profit hit $15.9m
Revenue ballooned to $418.02m from $142.9m in Q2 2018.
Suntec REIT buys Australian freehold Grade A office for $141.51m
The 12-storey property has an NLA of 282,000 sqft and a committed occupancy of 91.6%.
Keppel REIT NPI dropped 28.1% to $31.06m in Q2
It was dragged by the lower one-off income from Ocean Financial Centre.
Koh Brothers Eco Engineering nabs $668.2m contract from PUB
It will construct influent pumping stations for the Deep Tunnel Sewerage System Phase 2 project.
Maybank demands $33.6m from Hyflux for early termination of hedging deal
The bank designated 4 July as its date of termination.
SIA Group passenger load factor up 1.6ppt to 86.2% in June
Passenger carriage rose 8.5% YoY.
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