SGX leads US$44.4m funding round for online freight platform

THE Singapore Exchange (SGX) has closed a US$44.4 million, Series C funding round for Freightos, described as the world's largest online marketplace for freight rates...
STOCKS

STI tracks Asian markets to end lower

THE new week brought fresh pain for local stocks as shares on the key Straits Times Index (STI) were hit, falling after three days of gains last week. Amid reports that US President Donald Trump is preparing to level a fresh salvo of US$200 billion in tariffs this week, the STI fell into the red...

SGX leads latest US$44.4m, Series C funding round for online freight platform Freightos

THE Singapore Exchange (SGX) has completed a US$44.4 million, Series C funding round for Freightos, described as the world's largest online marketplace for sea freight rates...

Singapore shares close 0.6% down on Monday

SINGAPORE stocks ended 0.6 per cent lower on Monday, with the Straits Times Index shedding 20.02 points to 3,141.40.

E-sports to drive millennial engagement for Singtel

E-SPORTS, once viewed as a quirky niche pastime, has grown into a multi-billion dollar business, and Singtel is serious about carving out a slice of that growing pie.
BT EXCLUSIVE: 10 YEARS AFTER LEHMAN

A decade on, Great Recession's ghost still haunting markets

A DECADE after Lehman Brothers' 2008 bankruptcy, the fallout from the Great Recession continues to threaten today's financial markets...

A People-Enabler

GETTING a friendly thwack over the head with a rolled up brochure was not what this reporter was expecting after an interview, but Joseph "Yossi" Vardi is anything but ordinary...

Singapore shares open lower on Friday; STI down 0.4% to 3,135.04

SINGAPORE stocks opened 0.4 per cent lower on Friday, with the Straits Times Index shedding 12.65 points to 3,135.04 as at 9.04am.

Stocks to watch: Dairy Farm, StarHub, Ascendas Reit, Parkway Life Reit

THE following companies saw new developments which may affect trading of their shares on Friday:

Ascendas Reit prices S$452m placement at S$2.54 per unit; 2.2 times subscribed

ASCENDAS Real Estate Investment Trust (Reit) priced a private placement of 178 million new units at S$2.54 per new unit for gross proceeds of around S$452.1 million.

SembMarine bags contract to retrofit 13 ships from Maran Tankers

SEMBCORP Marine (SembMarine) has bagged a contract from Greek shipping firm Maran Tankers to install marine scrubbers and ballast-water management systems on 13 vessels.

SembMarine bags contract to retrofit 13 ships from Maran Tankers

SEMBCORP Marine (SembMarine) has bagged a contract from Greek shipping firm Maran Tankers for the installation of marine scrubbers and ballast water management systems on 13 of its vessels.

Mobile rewards platform Fave raises US$20m in Series B funding

ONLINE-TO-OFFLINE (O2O) platform Fave has raised over US$20 million in its latest Series B funding round from strategic and existing investors including Sequoia Capital India, SIG Asia Investments and South-east Asian venture capital firm Venturra Capital.

Singapore shares open flat on Thursday; STI down 0.01% to 3,156

SINGAPORE stocks opened flat on Thursday, with the Straits Times Index retreating 0.28 point to 3,156 as at 9.04am.

Stocks to watch: Manhattan Resources, Mapletree Industrial Trust, Federal International (2000)

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

Mapletree Industrial Trust sets up S$2b euro medium term notes

MAPLETREE Industrial Trust (MIT) has launched a S$2 billion euro medium term note programme, with DBS Bank and OCBC Bank as joint arrangers and dealers.

HSR construction delayed to May 2020; KL to reimburse Singapore S$15m

SINGAPORE and Malaysia have agreed to suspend construction of the Kuala Lumpur-Singapore High Speed Rail (HSR) project until May 31, 2020, with service on the advanced train line expected to begin by the start of 2031, instead of the original end-2026 commencement date.

HSR project suspension, Malaysia to reimburse Singapore S$15 million

SINGAPORE and Malaysia have agreed to suspend construction of the Kuala Lumpur-Singapore High Speed Rail (HSR) project until May 31, 2020, with service on the advanced train line expected to begin some four years after the original commencement date.

Singapore, Malaysia to defer HSR construction to May 2020; KL to pay S$15m for suspending work

SINGAPORE and Malaysia have agreed to suspend construction of the Kuala Lumpur-Singapore High Speed Rail (HSR) project until May 31, 2020, with service on the advanced train line expected to begin some four years after the original commencement date.

Temasek, StarHub in joint venture to form pure-play cybersecurity firm

TEMASEK has formed a joint venture (JV) with StarHub to set up Ensign InfoSecurity, a pure-play cybersecurity firm that will offer bespoke, end-to-end security solutions to enterprises and governments globally.

Singapore shares open lower on Wednesday; STI down 0.2% to 3,202.78

SINGAPORE stocks opened 0.2 per cent lower on Wednesday, with the Straits Times Index inching down by 7.73 points to 3,202.78 as at 9.05am.

Stocks to watch: Global Invacom, Sunningdale Tech, Falcon Energy, Vicom, Mapletree Logistics Trust

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

Sunningdale Tech acquires precision manufacturer Adval Tech (Thailand)

PRECISION plastic component manufacturer Sunningdale Tech has acquired Adval Tech (Thailand), a company which manufactures and sells precision plastic components for electronic products, home appliances and the automotive industry.

Global Invacom acquires certain assets of satellite electronics firm Skyware Technologies

SATELLITE communications equipment provider Global Invacom has acquired certain assets of Skyware Technologies Group, together with the associated intellectual property, research and development teams and inventory from a number of companies across the group.

OUE Lippo Healthcare served court documents by former exec director

OUE Lippo Healthcare has been served with court documents by its former executive director, Lim Beng Choo, following Ms Lim's commencement of court proceedings against the company on Aug 15, 2018, over unpaid dues...