The Business Times
business-time-50
BIG MONEY

Can Sats make good on its global promise?

google-preferred-sourceAdd BT as a preferred source
Joan Ng

Joan Ng

Published Mon, Jun 3, 2024 · 07:00 AM
    • The bigger and more lasting story for Sats, however, is the integration of global air cargo logistics provider WFS, writes BT senior correspondent Joan Ng.
    • The bigger and more lasting story for Sats, however, is the integration of global air cargo logistics provider WFS, writes BT senior correspondent Joan Ng. BT SCREENSHOT

    In this issue:

    • Sats wows investors with earnings pop
    • Singtel leans on KKR

    Greetings dear reader,

    Last week was a good week for several constituents of the Straits Times Index (STI). On Monday, offshore and marine services provider Seatrium gained 11.7 per cent on the strength of S$11 billion in contracts from Petrobras.

    Big Money Newsletter

    TRENDING NOW

    Liang’s net worth more than doubled to US$36 billion, from around US$16.7 billion, according to the Bloomberg Billionaires Index. 

    DeepSeek founder Liang Wenfeng becomes the world’s richest AI model creator

    Targeted for completion in 10 months, the oil terminal will comprise two floating-roof tanks that can store 3.5 million litres of diesel and 2.5 million litres of petrol.

    Singapore fuel distributor Global Group doubles down on Timor-Leste with US$10 million oil terminal

    Philippine’s Maharlika support for Petron through a credit facility shows the sovereign fund’s role in the nation’s energy security.

    Early payout from Philippines’ Maharlika Investment Fund raises eyebrows over its true nature

    More interest in prime condos comes amid a softening in the broader private residential market.

    Flight to safety: New citizens and PRs drive Singapore luxury home sales as broader market cools

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More