Singapore

SATS headed for long, slow recovery: analysts

The aviation sector is only expected to begin recovery by FY2022.

Boustead Projects, YCH reach settlement over lawsuit

This follows a lawsuit filed for an alleged breach of contract.

OCBC to reduce salary credit bonus interest

The bank will also stop offering the credit card spend bonus interest.

Starhill Global REIT management prices $100m notes at 3.15%

It will be issued under Starhill Global REIT’s multicurrency debt programme.

Government to build dorms for foreign workers

This is said to house up to 100,000 workers in the longer term.

Most of SIA's board bail on MCB subscription

CEO Goh Choong Poon has lapsed the provisional allotments of 3 million rights MCBs.

SGX inks MSCI Singapore license agreement

It will also launch 10 Singapore Single Stock Futures products.

Share buyback value halved to $14.9m in May

ST Engineering led the pack as it bought back 2 million shares for $6.31m.

Daily Markets Briefing: STI up 1.6%

SPH led the gains amongst top active stocks with a 3.13% expansion.

Chart of the day: Industrial production up 13% YoY in April

This is attributed to the biomedical manufacturing cluster.

Financial education vital for SMEs to stay afloat amid and beyond the Covid-19 outbreak

Government support is helpful, but firms should know all financing options available to them.

ST Engineering and NUS to develop quantum tech-based network encryption

The new encryption technology will lower the chances for security breach.

Singapore-Kuala Lumpur high-speed rail deferred to end-2020

Construction was previously delayed until the end of May.

Investments exceed full-year target in four months: report

The amount exceeded initial targets of $8b to $10b for the whole year, said MTI’s Minister.

Keppel Corp's Floatel conducts independent review

This follows after Floatel performed an impairment assessment of its vessels.