BT EXCLUSIVE

Singapore is frontrunner on sustainable infrastructure investment: HSBC survey

SUSTAINABILITY is fast gaining traction in Singapore's capital markets, with the Republic's investors and issuers among the world's most enthusiastic about sustainable infrastructure investment, according to a recent survey by HSBC.

Keppel Capital gets first closing of US$295m for Alpha Asia Macro Trends Fund IV

KEPPEL Corp's asset management arm Keppel Capital on Wednesday said it has launched the Alpha Asia Macro Trends Fund IV (AAMTF IV) with a target fund size of US$1 billion and achieved its first closing of US$295 million, including co-investment.

DBS launches solution for businesses to track cross-border collections in real time

DBS has launched a solution for corporate clients in Singapore and Hong Kong to track cross-border collections in real time, providing them with greater digital convenience.

CapitaLand Commercial Trust Q3 DPU falls 9.1% to S$0.02

CAPITALAND Commercial Trust's (CCT) distribution per unit (DPU) fell by 9.1 per cent to two Singapore cents for its third quarter ended Sept 30, from 2.20 Singapore cents a year ago.

Consortium to build plant-based protein facility in Singapore

A FOOD production company which makes JUST Egg, an egg substitute from mung beans, has tied up with a consortium to build and run a plant-protein production facility in Singapore.

Eat Just, Proterra Asia to invest up to US$120m on plant-based protein facility in Singapore

FOOD production company Eat Just - known for its plant-based egg product, JUST Egg - has tied up with a consortium led by Proterra Investment Partners Asia to build and operate a plant protein production facility in Singapore.

Sembcorp Industries obtains S$100m SORA-based loan from OCBC

OCBC on Tuesday said it has extended a three-year S$100 million corporate loan referencing the Singapore Overnight Rate Average (SORA) to Sembcorp Financial Services, a wholly-owned subsidiary of Sembcorp Industries (SCI).

Cromwell E-Reit unit establishes 1.5b euro medium-term note programme

CROMWELL European Real Estate Investment Trust's (Cromwell E-Reit) subsidiary, Cromwell E-Reit Lux Finco Sàrl, has established a 1.5 billion euro (S$2.4 billion) medium-term note (EMTN) programme and entered into a 135 million euro unsecured revolving credit facility, its manager announced on...

SingPost to buy stake in Australia fourth-party logistics service firm for A$85m

POSTAL service provider Singapore Post (SingPost) is looking to buy a 38 per cent stake in Freight Management Holdings (FMH), a fourth-party logistics (4PL) service company incorporated in Victoria, Australia for A$85 million (S$84.1 million) in cash.

Singapura Finance to invest US$3m in MatchMove's digital bank unit

FINANCE company Singapura Finance is investing US$3 million in MatchMove PowerBank (S) Pte Ltd (Power-Bank), a wholly owned subsidiary of homegrown digital payments start-up, MatchMove Pay.

Maybank Kim Eng stays negative on Singapore banks

MAYBANK Kim Eng (MKE) has maintained its negative outlook on Singapore banks for the third quarter this year, saying it expects net interest margins (NIMs) to remain weak ahead of Q3 trading updates by the trio of local lenders in early November.

Singapura Finance to invest US$3m in MatchMove PowerBank

FINANCE company Singapura Finance is investing US$3 million in MatchMove PowerBank (S) Pte Ltd (PowerBank), a wholly-owned subsidiary of homegrown digital payments startup, MatchMove Pay.

SingPost to buy stake in Australia fourth-party logistics service firm for A$85m

POSTAL service provider Singapore Post (SingPost) is looking to buy a 38 per cent stake in Freight Management Holdings (FMH), a fourth-party logistics (4PL) service company incorporated in Victoria, Australia for A$85 million (S$84.1 million) in cash.

Analysts see 'balanced fundamentals' in Singapore's private property market

PRIVATE home prices in Singapore have increased just slightly over the last two years and the city-state is not at risk of a housing bubble, a recent report by UBS showed. Industry watchers agree that Singapore's private residential market has "balanced fundamentals" - as the report suggests -...

Rich Capital drops PrimePartners as continuing sponsor

PROPERTY developer Rich Capital Holdings on Thursday said PrimePartners Corporate Finance will no longer be its continuing sponsor from Nov 1.

Singapore shares inch higher at Thursday's open; STI up 0.2%

SINGAPORE shares entered Thursday's morning session in slightly positive territory, with the benchmark Straits Times Index (STI) gaining 3.70 points or 0.2 per cent to 2,542.06 as at 9.05am.

Stocks to watch: OCBC, HC Surgical, Medinex, CDL, Frasers Centrepoint Trust

THE following companies saw new developments that may affect trading of their shares on Thursday:

Flexible workspaces, tech giants are bright spots for Singapore office demand

THE expected demand for more flexible workspaces and a ramp-up of operations by tech giants could help to cushion the softness in office leasing demand in Singapore.

Singapore office leasing demand driven by flexible workspace, tech giants: Colliers

FLEXIBLE workspace operators and tech giants are driving office leasing demand in Singapore, according to a report by real estate services and investment management company Colliers International.

Singapore shares fall at Wednesday's open tracking Wall Street retreat; STI down 0.4%

SINGAPORE shares pulled back at Wednesday's open, following a negative lead from Wall Street as the session's gains were wiped out after US President Donald Trump put a halt to stimulus talks.

Stocks to watch: Top Glove, Wilmar, Olam, SPH Reit, Centurion

THE following companies saw new developments that may affect trading of their shares on Wednesday:

BROKERS' TAKE

Reassess 2020 winners, reduce exposure to supermarkets, glove makers: DBS

DBS Group Research on Tuesday said it is time for investors to reassess their positions, recommending that they reduce exposure to "2020 winners" such as supermarkets and glove makers and focus instead on tech, logistics and yield plays.

Grade A office leasing in Singapore still sluggish in Q3 amid work-from-home trend

LEASING activity for Grade A offices in Singapore came to a halt during the "circuit breaker" period and remained sluggish during the third quarter this year, says real-estate services firm Cushman & Wakefield (C&W).

Banks in Singapore tie up for digital trade finance registry to mitigate fraud

LED by local lender DBS and Standard Chartered, banks in Singapore are creating a digital trade finance registry (TFR), in a bid to mitigate fraud and boost transparency in commodity trade finance.

Broker's take: DBS says 'relook 2020 winners', reduce exposure to supermarkets, glove makers

DBS Group Research on Tuesday said it is time for investors to reassess their positions, recommending that they reduce exposure to "2020 winners" such as supermarkets and glove makers and focus instead on tech, logistics and yield plays.