News

Market Update: STI Up 1.13%

Jardine Matheson Holdings, DairyFarm, and Capitaland were seen with the most growth today.

Japfa expands with partnerships in China

The move is aimed at strengthening AustAsia, a subsidiary of Japfa.

Ministry of National Development hikes residential development charge rates

DC rates for the residential, landed use group increased by 6.3%, the highest since September 2013.

SPH Reit establishes five-year loan of $85m

The loan is a result of an arrangement with DBS Trustee Limited.

AAIS releases inaugural solar adoption report

The report is the first of its kind in the aerospace industry.

CDL, MCL secure $847m green loan for joint residential developments

These are amongst the largest real estate green loans referencing the SORA.

Olam acquires $7b financing

The fund consists of a three-year term loan and two 18-month term loans.

Keppel REIT ready to ride sustainability wave: report

RHB expects Keppel REIT’s sharpened ESG focus to give it an edge.

ST Engineering names new president commercial

The move comes with a new batch of hires for the commercial cluster.

Chart of the Day: Singapore leads in vaccination rate in Asia

81% of the adult population in Singapore have been fully vaccinated.

Market Update: STI Down 1.17%

Venture was seen with the most growth today.

Singtel rolls out 5G use cases

Singtel is the fastest 5G network operator in Singapore, according to Ookla.

Sri Trang Gloves broadens reach with Singapore office

The expansion is a result of plans to increase production capacity by 186% over the next five years. 

Gov’t to extend progressive wage model to more sectors

The government is working on providing progressive wages to retail, food services, and waste management workers.