Optus wins new regional licences in Australia's 5G spectrum auction

SINGTEL'S wholly owned Australian telco Optus confirmed on Monday that it had successfully acquired regional licences in the country's auction of a new 5G mobile high-speed network...

ARA buys portfolio of 38 select-service Hyatt Hotels in maiden US foray

ARA Asset Management Limited announced on Monday the acquisition of a portfolio of 38 select-service hotels, branded as Hyatt Place and Hyatt House, across 21 states in the US.

Nico Steel ramps up production with new monthly orders of 22 tonnes

MAINBOARD-LISTED Nico Steel Holdings announced on Monday new orders of about 22 tonnes per month of aluminium alloy materials for two customers.

Bumitama Agri Q3 profit inches up 1.4% to 270b rupiah

BUMITAMA Agri saw only a slight 1.4 per cent rise in third-quarter net profit to 269.89 billion rupiah (S$25.3 million) due to a drop in the selling prices of crude palm oil and palm kernel, the Indonesian company announced on Monday before the stock market opened.

MAS files police report against author of 'baseless and defamatory' 1MDB-related article

THE Monetary Authority of Singapore said on Friday it has filed a report with the Singapore police against the author of an article published on on the <em>States Times Review</em> website on Nov 5 that were false and malicious, and impugned the integrity of the MAS as a financial...

Credit Counselling Singapore to extend help to owners of failed or failing small firms

CREDIT Counselling Singapore (CCS) is extending its services beyond consumers to owners of failing or failed small enterprises, it announced on Thursday.

Scheme for merger of ESR-Reit and Viva Industrial Trust takes effect

THE scheme of arrangement for the merger of ESR-Reit (real estate investment trust) and Viva Industrial Trust (VIT) into Singapore's fourth-largest industrial property trust became effective and binding on Monday, their managers announced separately before trading opened...

Singapore stocks: STI resumes Thursday afternoon trading at 3,536.15, up 3.1 points

SINGAPORE stocks resumed trading almost unchanged on Thursday afternoon, with the Straits Times Index higher by just 3.1 points, or 0.09 per cent to 3,536.15 as at 1.04 pm. 

TT International's Big Box in Jurong East put up for sale by receivers

THE receivers and managers for the owner of Big Box have put the warehouse retail mall put up for sale.

New compulsory training and proficiency test for corporate service providers, starting Nov 15

CORPORATE service providers will soom have to take a new mandatory training and proficiency test aimed at boosting professional standards in the industry and Singapore’s reputation as an international financial and business hub.