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Core inflation, which excludes the costs of accommodation and private road transport, was up 1.4 per cent year on year in August, based on the latest data by the Department of Statistics.

Singapore's August headline inflation at 0.4%, coming in below expectations

Both Singapore's headline and core inflation came in lower than expected in August, based on the latest data by the Department of Statistics.


 

Hewlett-Packard Enterprise Singapore to vacate space at Alexandra Technopark

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Hewlett-Packard Enterprise Singapore (HPE) will vacate the majority of occupied space at Alexandra Technopark (ATP) upon the expiration of relevant leases later this year, announced the manager of Frasers Commercial Trust (FCOT) in a filing with the Singapore Exchange.


SMRT, Prasarana Malaysia sign MOU to form joint venture for JB-Woodlands rail link

Rail operators SMRT and Prasarana Malaysia signed a memorandum of understanding (MOU) on Monday to form a joint venture (JV) company for the Johor Bahru-Singapore Rail Transport System (RTS) Link.


Tourism board partners Alipay to enhance China tourists' experience in Singapore

A memorandum of understanding (MOU) was signed by Chinese online and mobile payment platform Alipay and Singapore Tourism Board (STB) to "enhance Chinese tourists' overall experience in Singapore", according to a joint statement.


OCBC issues HK$1.4b of fixed rate notes

OCBC on Monday issued HK$1.4 billion (S$241.5 million) worth of 1.59 per cent fixed rate notes due September 2020.


Ascendas Reit buys 100 Wickham Street in Queensland, Australia, for A$83.8m

AscendasReal Estate Investment Trust (A-Reit) has completed the acquisition of a CBD fringe office property at 100 Wickham Street, Fortitude Valley, in Queensland, Australia, for A$83.8 million (S$90.3 million) from 100W Pty Ltd.


Kishore Mahbubani named Aggregate Asset Management's non-executive chairman

Aggregate Asset Management (AAM) announced on Monday the appointment of Kishore Mahbubani as its non-executive chairman and non-executive director on its board, effective from Sept 25, 2017.


Plato Capital mulls budget-airline investment in China with AirAsia

Plato Capital, an investment company based in Kuala Lumpur, on Monday said it plans to set up a joint venture with AirAsia, Everbright Financial Investment Holdings, and Oxley Capital, to set up a low-cost airline in China to be known as AirAsia (China).


Koh Brothers Eco's unit wins S$225.4m Circle Line 6 construction contract

Koh Brothers Building & Civil Engineering Contractor Pte Ltd (KBCE), a subsidiary of Catalist-listed Koh Brothers Eco Engineering Ltd, has been awarded a S$225.4 million construction contract of the Circle Line 6 (CCL6).


The STI Today

Singapore shares close lower with STI down 4 points

Shares in the local bourse fell with the benchmark Straits Times Index finishing 4.34 points or 0.14 per cent lower at 3,215.91.

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