Singapore
Oil trader ZenRock under more than $850.5m in debt: report
The trader owes $235.45m to at least six banks.
Oil trader ZenRock under more than $850.5m in debt: report
The trader owes $235.45m to at least six banks.
Changi Airport temporarily suspends T4 operations
This will enable the group and airport partners to save on running costs.
OCBC's credit costs to recede after Q1 ‘front-load'
The bank expects to record 100-130bp in cumulative credit costs.
TPC Law explains how the new Payment Services Act will affect fintech firms
Seeking quality legal advice can help companies understand the law’s new regulatory and licensing issues.
Condo resale volume more than halved in April
But figure should be seen as “encouraging” given that physical viewings are prohibited.
Optimistic times ahead for Wilmar: analyst
Consumer products and its HORECA operations are tipped to improve in Q2.
Fraser & Neave's post-tax profit slid 1.5% to $105.57m in H1
The increase is attributable to strong performance of beverages and dairies in Thailand.
City Developments' sales value nearly halved in Q1
This was blamed on the absence of ultra-luxury sales.
Wilmar's core net profit up 22.5% to $435.19m in Q1
It came on the back of strong performances from consumer products.
Lian Beng nails residential development contract worth $174m
It involves constructing five blocks of flats with 566 units.
PUB, Sembcorp inked 25-year power purchase agreement
The plan is to build a floating solar PV system on Tengeh Reservoir.
Daily Briefing: Entropica Labs snags $2.6m in seed funding; Parts of Singapore racecourse to be converted into recovery facilities
And IKEA’s first small-store concept in SEA to open at Jem.
Daily Markets Briefing: STI up 0.75%
AEM led the gains amongst top active stocks with a 2.92% expansion.
Chart of the Day: HDB resale prices tipped to decline 1.3% in 2020
This may be attractive to some buyers looking for cheaper homes amidst uncertainties.
Securities' daily average value up 35% to $1.41b in April
Portfolio-hedging activity eased as the Chinese economy gradually reopened.
SGX Mainboard lifts minimum trading price rule
MTP watchlist companies are no longer required to satisfy exit criteria.
Temasek eyes stake in Virgin Atlantic Airways
The carrier seeks to avoid collapse as it pitches to potential investors.
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