Singapore
OUE acquires majority stake in Indonesia-based coffee chain operator
Maxx Coffee will become an indirect subsidiary of the group.
OUE acquires majority stake in Indonesia-based coffee chain operator
Maxx Coffee will become an indirect subsidiary of the group.
Daily Markets Briefing: STI down 0.58%
Medtecs International led the gains amongst top active stocks with a 7.77% expansion.
S-REITs hit 2% returns in 2020
Keppel DC REIT leads the pack with an average total return of 13%.
Chart of the Day: Construction sector retrenchments fell to 800 in 2019
It took up about 7.5% of all layoffs in Singapore.
Consumer goods firm Tolaram plans digital banking debut in Africa
Its services will be akin to a traditional bank.
Temasek invests in fintech company FNZ
FNZ aims to expand its Asia operations with the investment.
SIA Engineering profits rose 1.3% in Q3 to $16.1m
A stronger performance by the parent company expanded quarterly profits.
Paul Immigrations Reviews: Securing Your Future Through PR
Learn more about how you can up your chances of becoming a permanent resident in Singapore.
ST Engineering to form JV with Vietnam Airlines
The JV will focus on providing airframe MRO services.
Olam International posts one-time post-tax gain of $72m
It came from its various divestments, including its real estate assets in California.
Lendlease Global Commercial REIT's NPI hit $16.18m in Q2 FY2020
Leases at 313@somerset boosted its revenue.
ST Engineering, Wilhelmsen Ship Services to develop unmanned shore-to-ship parcels
The former will provide flight tests and development services for system integration. ST Engineering and Norway-based Wilhelmsen Ships Services (WSS) will be developing and testing solutions for Beyond Visual Line of Sight (BVLOS) unmanned shore-to-ship parcels in Singapore, according to a news release. For this venture, ST Engineering will provide flight tests and technology development services for system integration and solution prototyping. Key technologies include precision landing on-board ship vessel’s metallic platform, non line-of-sight datalink and parcel delivery authentication and release system. The project will receive funding as part of the call for proposal by the Civil Authority Aviation of Singapore (CAAS) and the Singapore Ministry of Transport. In 2018, ST Engineering inked a memorandum of understanding (MOU) with CAAS to facilitate the development of BVLOS Unmanned Aircraft Systems (UAS) in the country. In January 2019, DroNet, an end-to-end solution that uses advanced unmanned technologies through a network system to carry out specific tasks or services, was granted the first BVLOS permit for trial operations in Singapore.
More than 70 aviation firms pull out from Singapore Airshow
The airshow will push through amidst companies’ withdrawals.
Frasers Property's retail unit acquires manager of 6 retail malls and 1 office tower
AsiaMalls Management will become a subsidiary of Frasers Property Retail.
Over half of Singaporeans want digital banks to offer non-financial features
But they would still keep traditional banks as their primary bank.
SGX RegCo to provide issuers a two-month extension to hold AGMs
The move came amidst a growing number of firms posting auditing difficulties for 2019 results.
Hyflux's Simon Tay resigns as independent director
This came after some differences related to his post on WongPartnership’s exit.