Singapore
Ezion's loss widened 78.6% to $855.5m in 2019
The group is struggling to draw down the required funds from its lenders on time.
Ezion's loss widened 78.6% to $855.5m in 2019
The group is struggling to draw down the required funds from its lenders on time.
BEYOND partners with OneConnect to create digital banking services
OneConnect is an associate of Ping An Insurance, which has a virtual bank license in Hong Kong.
Knowledge startup Arches raises $625,225 in funding round
Investment was raised by Vietnamese accounting firm I-GLOCAL.
US tech firm BizLink Holding buys Speedy Industrial for $65m
The transaction was signed on 20 February.
Keppel unit buys 50% of Watermark Retirement Communities for $117.59m
It has now been converted into a Delaware limited liability company.
Investors steer clear of weak corporate bonds as default risks rise
Companies in struggling sectors will likely face refinancing risks in 2020 as investors go for higher-grade corporate bonds.
5G's success in Singapore hangs on competition and consumer acceptance
Investors dread that multiplayer competition and consumer sentiments might hinder its roll out.
February buybacks doubled to $67.9m
Over half of the buybacks for the month were made by DBS.
Daily Markets Briefing: STI down 0.11%
Venture led the gains amongst top active stocks with a 2.31% growth.
Chart of the Day: Tourism arrivals to drop by 28% in 2020
Singapore hotels are bearing the brunt of the plunging tourism growth.
OCBC Bank to adopt Singapore Customs' eBG programme
Application and delivery time of banker’s guarantee will now only take one day.
RAS calls out lack of rental rebates for F&B businesses
It cited CapitaLand which only offered a 10% rebate instead of the promised 50%.
HDB awards $98.7m contract to Chip Eng Seng
The work includes the construction of six blocks at Tampines Neighbourhood.
DBS closes first trade finance deal on TFP worth $4.8m
SMEs can access trade finance solutions from different banks in a single platform.
AIG names Alexandros Mandilas as APAC Head of Accident & Health
Effective 2 March, he will be based in Singapore.
Samsung Hub's Level 11 strata office space sold for $3,800 psf
This is the highest psf price for a CBD office in the last five years.
UOL's net profit grew 14% to $478.82m in FY2019
Full-year profit growth was attributed to a higher attributable fair value.
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