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Wednesday, April 20, 2016 - 18:30

COE2016 - pixgeneric.jpg
The final certificate of entitlement (COE) bidding exercise before next month's new and bigger quota produced unexpected increases in passenger car premiums.

Restructuring, softer economy main reasons for redundancies in 2015: MOM

According to the Ministry of Manpower on Wednesday, redundancies - which have been rising steadily since 2010 - rose to 15,580 last year, up from 12,930 in 2014.


Singapore Savings Bonds have drawn S$810 million after first six offerings: MAS

Singapore Savings Bonds have drawn 32,000 investors and S$810 million of their money after the first six offerings of the product, the Monetary Authority of Singapore (MAS) announced on Wednesday.

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Passenger car COE premiums in surprise spike

The final certificate of entitlement (COE) bidding exercise before next month's new and bigger quota produced unexpected increases in passenger car premiums.


Perennial to issue up to S$200m of bonds in public offer

Perennial Real Estate Holdings announced on Wednesday its offer of up to S$200 million of bonds due 2020 with a coupon rate of 4.55 per cent.


SMRT to showcase automated vehicle system by year-end

SMRT Corporation will showcase an automated vehicle system in Singapore by the end of this year, in partnership with the system's Dutch developer.


Manulife revives office Reit IPO plan: report

Canadian financial services group Manulife has started pre-marketing for an initial public offering (IPO) in Singapore of its US office Reit (real estate investment trust), a plan it had shelved for nine months due to market conditions.


Bukit Batok to vote for new MP on May 7

About 27,000 residents in Bukit Batok will vote for their new Member of Parliament (MP) in a by-election on May 7, nearly two months after the shock resignation of former People's Action Party (PAP) lawmaker David Ong.


Corporate Earnings


The STI Today

Singapore shares close 0.1 per cent down on Wednesday

Singapore stocks dipped 0.1 per cent on Wednesday after crude oil prices slumped again. The Straits Times Index retreated 1.86 points to 2,949.95. About 1.11 billion shares worth S$1.06 billion in total changed hands, which worked out to an average unit price of S$0.95 per share.

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