United Engineers wins government land site at Dairy Farm Road with S$368.8 million bid
United Engineers Ltd. said on Saturday that its wholly owned subsidiary, UED Residential, was awarded on Friday the tender for a government land sale parcel…
ASL Marine: Seeking additional credit lines to increase ship repair projects
Shipbuilder ASL Marine said on Friday that it was seeking additional credit lines to expand its ship repair operations after a “trying year,” as the…
Sushi restaurateur Sakae to delay AGM to investigate fishy sugar deal
Sushi restaurateur Sakae Holdings said on Friday that it would delay its annual general meeting to carry out a thorough investigation of a soured sugar…
Vard plans to sell diving support vessel to customer
Vard Holdings said on Friday it signed an agreement to sell the diving support and construction vessel previously contracted to Harkand Group to an undisclosed…
Temasek-tied Ascendas-Singbridge buys 33 office properties in maiden US foray
Ascendas-Singbridge said on Friday that it acquired a portfolio of 33 office properties in the U.S. in its first foray into that geography. The office…
Soilbuild Business Space REIT plans to acquire two Australia properties for total A$120.96 million
Soilbuild Business Space REIT plans to make a maiden foray into Australia and acquire two properties for a total consideration, including other costs, of A$120.96…
Nomura: Indonesian rupiah set to depreciate further amid emerging market selloff
Nomura tipped Indonesia’s rupiah could fall further, after touching its weakest levels since the late 1990s Asian Financial Crisis earlier this week, as Bank Indonesia’s…
Singapore market trends Friday: Jitters as Japan may be next Trump trade target
Shares in Singapore will be hit by further jitters on Friday over the U.S. trade war amid indications the Trump administration was set to target…
Singapore stocks to watch Friday: StarHub, Dairy Farm, Ascendas REIT, Parkway Life REIT, Spackman
These are the Singapore stocks which may be in focus on Friday 7 September 2018: StarHub and Dairy Farm International StarHub will be removed from…
SICOM rubber factors to watch for Friday, September 7
The SICOM front-month October contract settled down 0.1 cent at 131.8 U.S. cents. TOCOM February delivery rubber futures eased 0.4 yen to 177.6 yen (US$1.51)…
Crude palm oil futures in Malaysia seen steady Friday
Crude oil prices in Malaysia are seen steady on Friday ahead of data next week. Bursa Malaysia front-month palm oil futures for November fell 0.6…
Crude prices mixed ahead of Asian open Friday
Crude oil prices were mixed on Friday ahead of the Asian open after disappointing weekly data on U.S. inventories and as markets awaited word on…
Ascendas REIT raises S$452.1 million in private placement at low end of price band
Ascendas REIT raised around S$452.1 million in a private placement of 178.0 million new units priced at S$2.54 each, at the low end of the…
MAS proposes six cyber-security measures for Singapore financial institutions
The Monetary Authority of Singapore on Thursday proposed six required cyber-security measures for financial institutions in the city-state to protect their technology systems. The six…
Ascendas REIT launches private placement to raise at least S$450 million
Ascendas REIT has launched a proposed private placement of 178.0 million new units to institutional and other investors to raise at least S$450 million, with…
StarHub removed from STI and Dairy Farm added after quarterly review
StarHub will be removed from Singapore’s Straits Times Index, while Dairy Farm International will be added to the index, FTSE Russell said on Thursday in…
Parkway Life REIT says Japan facilities weren’t structurally affected by quake, typhoon
Parkway Life REIT said on Thursday that its Japan asset managers, operators and residents at its Japan healthcare facilities in Osaka, Hyogo and Hokkaido are…
Maybank KimEng: Singapore land bids ‘subdued,’ show developer caution
Singapore government land tenders for three sites, the first since the introduction of a fresh round of property cooling measures, had subdued bids and showed…
Singapore stocks to watch Thursday: StarHub, Keppel DC REIT, Mapletree Industrial, OCBC, Stamford Land
These are the Singapore stocks which may be in focus on Thursday 6 September 2018: StarHub StarHub said on Wednesday that it entered an agreement…
Singapore market trends Thursday: Tech and emerging market selloffs set to weigh
Singapore shares face headwinds on Thursday, amid a tech selloff on Wall Street, a rout in emerging markets and continued concerns the U.S. will expand…
Crude palm oil futures in Malaysia seen weaker on inventory forecast
Crude oil prices in Malaysia are set to head lower on Thursday as expected higher production last month outweighs a gain in exports. Bursa Malaysia…
SICOM rubber factors to watch for Thursday, September 6
The SICOM front-month October contract settled up 0.3 cent at 132 U.S. cents. TOCOM February delivery rubber futures rose 1.6 yen, or 0.9 percent, to…
Crude prices point weaker in Asia on Thursday after API estimates
Crude oil prices were quoted lower ahead of the Thursday open in Asia after industry estimates of U.S. weekly inventories set a bearish tone. ICE…
StarHub and Temasek subsidiary enter joint venture to form cyber-security company
StarHub said on Wednesday that it entered an agreement with Leone Investments, an indirect wholly owned subsidiary of Singapore state investment company Temasek Holdings, to…
Daiwa: Singapore cooling measures haven’t dampened land bids
Singapore government land sale bids which closed on Tuesday were active and aside from a lower participation rate, showed no evidence that the cooling measures…
MAS survey of forecasters: Protectionism most-cited risk to Singapore economy
More of the economists monitoring the Singapore economy are pointing to trade protectionism as downside risk, even as they largely kept their growth forecasts unchanged,…
Daiwa tips Asia consumer plays as less exposed to global trade war
Daiwa says it now is a “particularly good time” to focus on Asia’s consumer stocks, pointing to not only the “emerging and flourishing” middle class…
Singapore market trends Wednesday: Jitters over EM and US trade war to cast pall
Singapore’s shares may stumble on Wednesday as traders will face continued jitters over the U.S. trade war, even as emerging markets continue to face fears…
