Business Headlines & Market News

Business Headlines and Stock Market News by Singapore Financial News Publishers

Latest Business Headlines and Stock Market News Published by Singapore Publisher Channel News Asia, Deal Streat Asia, Singapore Business Review, The Business Times, The Edge Market, Today Online @ SGinvestors.io

Singapore Stock Market News Singapore Business News Singapore Market Updates



2 hours ago
Adulting 101: At 32, I moved out of my parents' flat. I've learnt to be independent and so much more
asyrafkamil -
5 hours ago
STI up; Singtel gains on possible strategic changes
Lee Meixian - THE Straits Times Index (STI) rose 16.99 points or 0.53 per cent to 3,201.76, culminating in a 0.5 per cent incline over the week. Some 1.57 billion securities worth S$1.27 billion changed hands, and advancers outnumbered decliners 282 to 183.
5 hours ago
SMG's talks with third party lapse; UOB Kay Hian still rooting for stock
Ong Sing Yee - HEALTHCARE services provider Singapore Medical Group (SMG) is no longer in talks with a third party regarding a possible transaction involving the company's shares.
5 hours ago
ST Engineering enters Australia rail market with Queensland's Cross River Rail contract win
Ong Sing Yee - ST ENGINEERING announced on Friday that it has secured a contract to provide 96 sets of platform screen doors for all four new underground stations on Queensland's Cross River Rail, which is the Australian state's largest public infrastructure project.
5 hours ago
ThaiBev defers plans to spin off and list its BeerCo unit on SGX
Raphael Lim - THAI Beverage Public Co (ThaiBev) said it will defer the proposed spin-off and listing of its subsidiary BeerCo on the Singapore Exchange "in view of the current uncertain market conditions and volatile outlook, aggravated by the worsening Covid-19 pandemic in Thailand and other countries" ...
5 hours ago
DBS to phase out thermal coal-related lending by 2039
Kelly Ng - DBS will phase out thermal coal exposure by 2039, making it the first Singapore bank to commit to ceasing financing in this area.
5 hours ago
Online trading pioneer
Natalie Choy - FOR many executives, jetting off from city to city for business meetings has always been par for the course, at least before Covid-19 struck.
5 hours ago
Wirecard sells Apac entities in wake of accounting scandal
Michelle Zhu - FINCH Capital-backed payments firm Nomu Pay has agreed to acquire Wirecard's Asia-Pacific entities in Hong Kong, Malaysia, the Philippines and Thailand for an undisclosed sum.
5 hours ago
Singapore recovery story gets rosier on March export surge
Annabeth Leow - JUST one quarter in, economy watchers are upgrading an already bullish export outlook for Singapore, as non-oil domestic exports (NODX) blew past expectations in March.
5 hours ago
Is Coinbase another FANG stock, or part of the Tesla-Bitcoin nexus?
Lionel Laurent - IT feels like a sweeping narrative is needed to make sense of a world in which cryptocurrency exchange Coinbase Global is a publicly-listed company worth US$86 billion (three times more than the exchange it is listed on), one Bitcoin is worth more than US$62,000 and a digital-art file is worth US$6 ...
5 hours ago
A Zoom meet with clients in your bathing suit? Workcations are trending
Yong Hui Ting - TEO Howe Yuin does not think it is unreasonable for employees to work on their days off. As the director and head of financial services recruitment group PeopleSearch Singapore, he expects employees to be accountable to their clients - even when they are on holiday.
5 hours ago
The future of work in banking: How will bankers do business post pandemic?
Vivien Shiao - WITH work-from-home no longer the default mode in Singapore and vaccines being rolled out across the world, it is a matter of time that bankers will not only return to their offices, but also take to the skies.
5 hours ago
Gojek-Tokopedia merger to rival Grab in region
Shoeb Kagda - INDONESIA is about to launch a tech giant that will rival Grab in the region in terms of size and investor interest.
10 hours ago
In claim against AGC for compensation, Parti Liyani’s lawyer says prosecution made purposeless attacks on her
siewfern -
11 hours ago
Government acquires 4-storey Thomson Road building to make way for North-South Corridor construction
SINGAPORE: A four-storey building along Thomson Road has been acquired by the Government and will be demolished by the end of the year to facilitate the construction of the North-South Corridor (NSC).   The 57-year-old building, located at 68-74 Thomson Road opposite United Square shopping mall . ...
12 hours ago
Chinatown Point, NUS canteen visited by Covid-19 cases while infectious
asyrafkamil -
12 hours ago
Sabana REIT receives boost from NTP+, moving averages, as STI remains in corrective mode
The Edge Singapore - Sabana Shariah Compliant Industrial REIT’s new NTP+ Mall which was highlighted in this week’s publication was a pleasant surprise. No wonder its units strengthened after the manager announced, on March 10, that NTP+, which the manager described as a two-storey lifestyle mall spanning a ...
12 hours ago
Keppel in advanced talks with Petrobras to build floating production storage and offloading vessel
Raphael Lim - KEPPEL Corporation said on Friday that its wholly-owned subsidiary Keppel Shipyard, is in advanced discussions with Petrobras for a contract to build a floating production storage and offloading vessel for the Buzios field off Brazil.
13 hours ago
Thai Beverage defers plans for US$2 billion Singapore IPO of regional beer assets
Michelle Zhu - SINGAPORE: Thai Beverage said on Friday (Apr 16) it was postponing the plan to sell a 20 per cent stake in its regional beer business through a US$2 billion Singapore listing, citing a volatile and uncertain outlook aggravated by a worsening COVID-19 pandemic. The spin-off by the company ...
13 hours ago
SIIC Environment signs projects in Yangtze River Delta
Raphael Lim - MAINBOARD-LISTED SIIC Environment Holdings has signed projects for water treatment in the city of Jiaxing in Zhejiang province in the Yangtze River Delta, it said on Friday.
13 hours ago
SIIC Environment signs projects involving a total investment of RMB750 mil
Felicia Tan - Mainboard-listed SIIC Environment Holdings has signed projects in Jiaxing City in the Zhejiang Province comprised of the 80,000 tonnes Wastewater Treatment Plant (WWTP) project, 30,000 tonnes Reclaimed Water Plant project and 50,000 tonnes Pre-treatment project. The company’s indirect 92.15%-owned ...
14 hours ago
Wet weather set to continue until end-April; temperature could dip to 22°C
asyrafkamil -
14 hours ago
COVID-19 vaccine giant tweets Biden to end US raw materials 'embargo'
Vivienne Tay - MUMBAI: The head of the world's largest vaccine maker directly tweeted US President Joe Biden on Friday (Apr 16) urging him to lift an export ban on raw materials desperately needed to make more COVID-19 shots. The unusual step by Serum Institute (SII) chief Adar Poonawalla underlined the crisis ...
15 hours ago
ThaiBev defers potential spin-off and listing of BeerCo subsidiary
Raphael Lim - THAI Beverage Public Co (ThaiBev) said it will defer the proposed spin-off and listing of its subsidiary BeerCo on the Singapore Exchange "in view of the current uncertain market conditions and volatile outlook, aggravated by the worsening Covid-19 pandemic in Thailand and other countries" ...
15 hours ago
Listing of BeerCo on SGX to be deferred due to 'uncertain market conditions'
Felicia Tan - The potential listing of BeerCo, a subsidiary of Thai Beverage (ThaiBev) will be deferred “for the time being”. According to an announcement put out by ThaiBev, the decision to defer the potential proposed spin-off listing of BeerCo on the Singapore Exchange (SGX) is due to the current “uncert ...
16 hours ago
Coffee shops, food courts to get funding support for tray return facilities
asyrafkamil -
16 hours ago
STI up 0.5% over the week; Singtel at 9-month high on possible strategic changes
Lee Meixian - THE Straits Times Index (STI) rose 16.99 points or 0.53 per cent to 3,201.76, culminating in a 0.5 per cent incline over the week. Some 1.57 billion securities worth S$1.27 billion changed hands, and advancers outnumbered decliners 282 to 183.
16 hours ago
Property-tech company Showsuite partners Rajah & Tann, expands into legal tech
Raphael Lim - SINGAPORE-BASED property technology company Showsuite has signed a contract with law firm Rajah & Tann and is expanding into legal technological solutions, the company said on Friday.
17 hours ago
Sen Yue's Kuala Lumpur operations to be suspended due to Covid-19 cases detected
Felicia Tan - Sen Yue’s operations in Kuala Lumpur, managed by the company’s subsidiary PNE Micron (Kuala Lumpur) have been suspended from April 14 due to the multiple Covid-19 cases detected on PNE KL’s premises. The announcement, which was made by Sen Yue’s interim judicial managers on April 16, says th ...
17 hours ago
DBS reveals 7 stock picks – including ComfortDelGro – for different investing strategies
Felicia Tan - In its Singapore Equity Picks report dated April 16, the team at DBS Group Research says it has turned “net seller” in the past month to capitalise on the “dividend-driven” rally in March to April and to lower its equity exposure in May, which is a seasonally weak month. On this, it has incl ...
17 hours ago
Govt acquires Thomson Road mixed-use building due to safety concerns over North-South Corridor works
asyrafkamil -
18 hours ago
HDB apologises for allocating 'poorly maintained' rental flat to single mother
asyrafkamil -
18 hours ago
Brokers' take: No more deal for SMG, but healthcare provider still in growth mode
Ong Sing Yee - UOB Kay Hian (UOBKH) is maintaining a "buy" call on Singapore Medical Group (SMG) with an unchanged target price of S$0.46.
18 hours ago
CGS-CIMB stays 'overweight' on Singapore property sector after March home sales jump
Atiqah Mokhtar - CGS-CIMB Research analyst Lock Mun Yee believes Singapore property developer valuations are still inexpensive, prompting her to reiterate her ‘overweight’ rating for the property sector in an April 15 research note. Her rating comes as March monthly home sales came in at 1,373 units. Exclud ...
19 hours ago
Wirecard sells off Asia-Pacific entities in wake of accounting scandal
Michelle Zhu - FINCH Capital-backed payments firm Nomu Pay has agreed to acquire Wirecard's Asia-Pacific entities in Hong Kong, Malaysia, the Philippines and Thailand for an undisclosed sum.
19 hours ago
Grab considering secondary Singapore listing after US SPAC merger: sources
Reuters - Photo: Edgar Su/Reuters Grab Holdings, Southeast Asia's ride-hailing to delivery giant, is considering a secondary listing in its home market of Singapore after completing a Nasdaq listing via a US$40 billion ($53.4 billion) SPAC merger, three sources familiar with the matter said. Listing on Singap ...






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