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Singapore Wrap Friday
The Housing & Development Board (HDB) has called for the first multi-agency solar leasing tender in Singapore, which at 40 megawatt-peak (MWp) is the largest to date in both the public and private sectors in Singapore, said HDB and the Singapore Economic Development Board (EDB) in a statement on Friday.
The Asean Economic Community will be formed by the end of this year as planned, said Prime Minister Lee Hsien Loong on Thursday - but that does not mean that all issues will have been resolved.
Singapore homebuyers will drive harder bargains in an already depressed housing market as new rules that require developers to disclose discounts and other perks unmask the actual value of properties for sale.
Invesco follows other funds to buy more of Noble after stock dives
Investment funds have bought more of Noble Group after the stock fell to a six-year low. The counter closed lower for a fourth straight day at S$0.695 on Thursday.
Navis Capital Partners Ltd has agreed to buy control of Imperial Treasure Restaurant Group Pte, the Singapore company known for its "Super Peking Duck" eateries, a person with knowledge of the matter said.
The STI Today
The Straits Times Index lost about 60 points or 1.8 per cent over the course of the week at 3,333.67, of which 11.33 points came on Friday. It took the index 32 points or almost one per cent into the red for 2015.