Singapore

SIA given rights to redeem $3.8b zero coupon MCBs

There is over 110% redemption rate for the bonds.

Keppel signs MOU with Greenko to explore green ammonia production

They will explore the feasibility of developing a 250,000 tonne green ammonia production facility.

More than $2.8m availed to back sustainability innovation solutions: gov't

There will be public and private partnerships to advance innovations.

Singapore’s revised green goal: Achieve net zero emissions by 2050

It seeks to cut emissions to about 60 million tonnes of carbon dioxide in 2030.

Keppel REIT distributable income up 3.4% to $165m

The REIT promised to distribute an additional $100m over the next 5 years.

Gov’t sets up strengthened ‘guardrails’ for energy retailers

This includes stricter qualifying criteria and higher capital requirements.

Green goals or business growth? Majority of SMEs find it hard to balance both

It is businesses’ top obstacle to shift to sustainable business models.

Rising interest rates, property prices to drag housing affordability: report

Gradual household income gains are not sufficient to offset these hikes. 

Chart of the day: Physically healthy Singaporeans are also financially fit

A study revealed that 55% of financially fit are also physically and mentally healthy.

Katong Point at Joo Chiat Road for sale at $100m

The commercial building is located near the upcoming train station.

Revival of foreign patients to uplift Parkway REIT’s hospitals: analyst

Foreign patients accounted for 25% of hospitals’ revenue.