The Business Times
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Therese Soh

Therese Soh

JOURNALIST

emailtherese@sph.com.sg
Phil Pearce, president of ESR, said: “... We are accelerating development and fundraising while driving sustained growth in leasing and capital deployment.”

ESR clinches US$850 million in equity for logistics real estate, data centre growth

This comes amid the company’s long-term strategic transformation into a more focused business

Japan’s Nikkei advances 4.8% as at 9.08 am and South Korea’s Kospi index rises 5.2% as at 9.07 am.

STI jumps over 1%, Asia stocks soar following US-Iran ceasefire agreement

The benchmark index is buoyed by the three Singapore banks which all traded higher

Unlike other Singtel ordinary shares, the special discounted shares are currently held in trust by the CPF Board on behalf of investors.
BT EXPLAINS

What does the transfer of Singtel discounted shares mean for investors; should they sell or hold?

BT looks into what analysts have to say on its market impact, and how investors may respond

Sam Goi, executive chairman of PSC Corporation, has broken rule 14.1(a) of the Singapore code on takeovers and mergers.

Stock to watch: PSC Corporation

[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Wednesday (Apr 8):

The extension gives the embattled entertainment company more time to assemble a debt-repayment scheme.

Former Cathay cinema operator gets 4-month extension for debt moratorium

A previous plan to raise S$14 million via a placement of 1.9 billion shares had fallen through

Recent moves, such as Tiger Beer maker APBS' decision to scale down brewing in Singapore, could signal a broader pickup in the regionalisation of the Republic's F&B sector.

After Yeo’s, Tiger Beer: Why some Singapore F&B firms leave – while others stay

Larger-scale manufacturers with overseas markets are seen as more likely to move operations out

mm2 Asia's placement agreement had aimed to offer shares at a minimum of S$0.008 apiece.

Cathay Cineplexes operator mm2 Asia’s 1.9-billion share placement falls through

This follows the suspension of its share in November and a moratorium

From May 1, OCBC will lower the interest rate for its 360 Account to 4.45% per annum on the first S$100,000, from the current rate of 5.45%.

Stocks to watch: OCBC, Yangzijiang Shipbuilding, City Developments, First Reit, Cordlife

[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Wednesday (Apr 1):

Affected employees who cannot be redeployed to other roles in the company will receive retrenchment packages commensurate to salary and tenure, said Yeo Hiap Seng.

Yeo Hiap Seng cuts 9% of Singapore headcount as it moves canning operations to Malaysia

25 affected staff were informed of the layoffs in a closed-door briefing; Singapore remains the group’s headquarters

This marks the first time in 2026 that OCBC has revised interest rates for its 360 Account.

OCBC to trim interest rate for flagship 360 Account from May 1 

The first S$100,000 will earn 4.45% per annum, down from the current 5.45%, when the change kicks in

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