Singapore

Singtel launches sustainability linked loan, worth $750m

Singtel launches sustainability linked loan, worth $750m

This is the largest SG-dollar denominated sustainability-linked loan in the country.

Market Update: STI up 1.01% as Asian markets rebound from losses

The Straits Times Index reversed its losses, as it closed up by 31.72 points or 1.01% at 3,186.78 on Thursday.

Here are nine strategies Singapore could use to decarbonise the martime industry

The Singapore government has received an international panel's reccomendations on having an eco-friendly maritime industry.

Aztech Global posts $115.9m revenue in Q1, 2021

This was due to higher production volume and shipment.

Turbulent times ahead as SG-HK travel bubble delayed anew

The declaration of a travel corridor between the two cities has been delayed for the second time. The travel bubble announcement between the Singapore and Hong Kong will not push through this week, as previously scheduled. According to a Bloomberg report, the announcement was cancelled last minute by the Singapore side. This will be the second delay in the anticipated quarantine-free travel measure, previously scheduled for November last year. While Singapore has eased its travel restrictions for travellers from Hong Kong, the Chinese authonomous region has done the opposite, suspending flights from Singapore Airlines budget carrier Scoot. Singapore lowered the requirements for Stay Home Notices (SHNs) for Hong Kong travellers to seven days, that can be served at their residence, from the previous 14-days at a dedicated SHN facility. On the other hand, Hong Kong suspended flights from Scoot from April 16 to 29, after two passengers from Singapore tested positive for COVID-19 upon landing. On April 21, the Singapore Ministry of Health confirmed that there had been two new cases of locally transmitted COVID-19. There were also 14 imported cases from people who had recently travelled from India and Indonesia. There are 274 active COVID-19 cases in Singapore, as of April 21. Hong Kong recorded 172 new COVID-19 cases between April 7 to 20, including 39 confirmed local cases, 1 possible local case, and 15 from unknown sources. Both cities have started implementing their respective vaccination programmes.  

James Dyson switches residency out of Singapore after two year stint

The $29b-worth billionaire now primarily lives in the UK, according to company filings.

Keppel T&T, Converge sign deal for capacity on undersea cable system

Converge will invest over $133m (US$100m) in the new project.

Singapore maritime IT market to generate $6.4b by 2030

It is set to achieve a 7.9% annual growth rate from 2021.

UMS takes over JEP Holdings following manadory cash offer

Once the offer is completed, UMS would own 53.7% of JEP's issued shares.

DBS, Contour expand trade finance offerings to four Asia Pacific markets

DBS was the first Singaporean bank to join Contour's network.

KrisEnergy restructuring a bust, as Cambodian oil field "disappoints"

Keppel Corporation said there is a "material uncertainty" over its associate's ability to continue operating.

Shell to trial hydrogen fuel cells for ships in Singapore

The company will charter both the trial vessel and the hydrogen fuel provider.

Ascendas India Trust posts 5% net income increase amidst COVID-19 resurgence

The SGX mainboard-listed company saw lower total property income offset by lower property expenses.

BAS joins ASEAN in blockchain consortium with Australia

The ASEAN member states have signed an agreement to strengthen blockchain cooperation.

Market Update: STI down 1.22% on concerns over COVID-19 cases spike

The Straits Times Index (STI) extended its losses as it closed down by 39 points or 1.22% at 3,153.17 on Wednesday. This is due to Asian markets’ growing concerns over resurgence of COVID-19 outbreaks, weighing on global investor sentiment.

How companies can save costs in cyber attack response

This exclusive webinar will discuss how your cybersecurity team can shrink the time between detecting and handling cyber threats.

CIMB Bank's Benjamin Tan shares insights on leadership and success

The Head of Commercial Banking thinks that the 'human touch' elements of CIMB are what sets them apart from other digital banks.