Singapore
Keppel's associate Floatel halts proposed merger
The companies viewed that any near-term merger was unlikely.
Keppel's associate Floatel halts proposed merger
The companies viewed that any near-term merger was unlikely.
Bharti Airtel could counter Singtel's enterprise business: analysts
Its India unit is projected to add $500 to its FY2021 profits.
OCBC offers support measures to customers
It will provide a moratorium on principal repayment for loans.
SATS' profits fell 13.9% to $59.3m in Q3
The group’s expenditure soared amidst consolidations of its subsidiaries.
Daily Briefing: Government to offer $77m support for taxis; Neil road conservation shophouses for sale
And a Fu Lu Shou complex office portfolio has been launched for sale via EOI.
Daily Markets Briefing: STI down 0.1%
Genting Sing led the gains amongst top active stocks with a 1.14% expansion.
60% of F&B businesses are not prepared for COVID-19
Restaurants are expecting revenue to be halved in the next three months.
Chart of the Day: Freehold shophouse prices slipped 16.5% in 2019
Buyers were less willing to commit to freehold shophouses at higher unit prices.
RAS urges landlords to ease F&B rents
Jewel Changi was the first to respond, as they will cut rents by 50%.
DBS extends COVID-19 liquidity relief to SMEs, retail clients
Principal repayment moratoriums are available to those with good repayment histories.
CapitaLand launches $10m marketing assistance amidst outbreak
It will also implement flexibility to operate shorter store hours for retailers.
SIA Engineering acquires 49% stake in PAES for $3.38m
PAES’ stations will complement SIAEC’s network of line maintenance international stations.
SIA, SIAEC inks 8.2 MWp PPA with Sembcorp Solar
Over 2,000 solar panels will be installed on SIA and SIAEC’s premises.
GrabWheels secures $41.6m funding from EV maker KYMCO
It will help develop and deploy two-wheel EVs in cities where Grab operates.
Singapore Shopping Centre relaunched for en bloc sale for $255m
It comes with a provisional approval to rezone for hotel use.
Thomson Medical's profits rose 39.5% in Q4 to $4.2m
Profits grew due to the absence of impairment loss on development and investment properties.
Twitter to build engineering centre in Singapore
It will hire 65 engineers and data scientists in the city.
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