News

Lendlease REIT lays down add'l 313@somerset floor area

The approximately 10,000 sqft will maximise the property's full potential.

Lendlease REIT lays down add'l 313@somerset floor area

The approximately 10,000 sqft will maximise the property's full potential.

92% of consumers won’t buy from businesses failing in data protection

This has pushed organisations to consider privacy a true business imperative.

EMA extends temporary electricity contracts to May 2022

The disruption in piped energy supply persists.

Lendlease REIT to acquire the remaining interest in Jem for $2.079b

This will result in the REIT owning a direct 100% stake in the property.

Market update: STI down 0.4%

Wilmar International was seen with the most growth.

International expansion on the backburner for 60% of SMEs

Six in five expect pandemic measures to worsen in the next 12 months.

DBS posts record S$6.8b net profits in 2021

Loan growth was at its highest in seven years.

Olam to divest remaining stakes in ARISE IIP, ARISE IS for $254.55m

This leaves the company with only a 32.4% stake in the ARISE group.

SIA Engineering forms component services division

The new division aimed to help with maintenance, repair, and overhaul.

ST Engineering forms consortium to use unmanned aircraft for deliveries

Included in the consortium are Sumitomo Corporation and Skyports. 

Starhub net profit up 17% YoY to $148.3m for FY2021

Performance for the same period also exceeded the Group’s expectations. 

DBS commits add'l $100m to its foundation

The funds will mainly go to improving the livelihood affected by the pandemic.

Thomson Medical Group achieves 1H22 PATMI of $12.5m

This is a 54% rise from the same period last year.

ExxonMobil chosen as supplier of sustainable fuel for Singapore aviation

This marks the pilot on the use of SAF, particularly used oil and waste animal fats, in Singapore. 

Budget 2022 unlikely to deviate from last year: OCBC

The total expenditure in 2021 was estimated at $102.3b or 20.2% of GDP.

Market update: STI down 0.19%

DBS was seen with the most growth.