Singapore

ESR-REIT enters $200m unsecured loan facility

It comprises a $150m term loan facility and a $50m revolving loan facility.

ESR-REIT enters $200m unsecured loan facility

It comprises a $150m term loan facility and a $50m revolving loan facility.

Singtel, Nokia to jointly test 5G network slicing

It will provide customisable case uses in areas like cloud gaming and manufacturing.

SATS acquires UK-based Monty's Bakehouse for $48.4m

Monty’s Bakehouse will become a wholly-owned subsidiary of SATS.

MND revises condo DC rates downward by 0.2%

This is said to be reflective of the muted GLS bidding.

Aqua Munda extends tender, appoints non-executive director

The tender invitation period will close on 9 March.

Daily Markets Briefing: STI down 3.23%

Keppel Corp saw the sharpest decline amongst top active stocks with a 3.5% contraction.

Chart of the Day: Retail supply pipeline to drop to 280,000 sqft in 2020

Suburban and fringe areas are expected to account for the bulk of future retail supply.

Singapore banks' face slower loan growth in H1 2020

The big three banks’ are expecting lower loan growth for FY20F on the back of the outbreak.

TEE International's CFO steps down from post

Yeo Ai Mei served the position for over a year.

Singapore a bright spot for bleak oil & gas industry: EY

The city is optimal for oil companies looking to set up streamlined trading functions.

Hyflux moves claims of proof deadline to 11 March

This is in connection to scheme meetings on the Utico deal.

CEREIT buys industrial asset in Germany for $25m

Germany will then account for 6.5% of CEREIT’s portfolio.

Haw Par's net profits inch up 1.8% to $182m in 2019

Revenue increased 2.6% to $243m due to higher healthcare arm sales in H1 2019.

Venture Corp's profits fell 1.9% to $363.13m in 2019

It is working to implement action plans to stabilise supply amidst the COVID-19 outbreak.