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%.

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.

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.