News

Logistics players ramp up for booster shot from Covid vaccines

MASS Covid-19 vaccines are on the way - and the logistics opportunities they will throw up are not lost on the industry.

Negative bond yield arrives in Singapore with UOB's 1b-euro issue

UOB has sold the first negative-yielding bond out of Singapore, and market watchers say it won't be the last from the Singapore banks.

ThaiBev full-year profit dips 2% to 22.75b baht

THAI Beverage Public Co (ThaiBev) reported a 2 per cent dip in net profit to 22.75 billion baht (S$1 billion) from 23.27 billion baht for the full year ended Sept 30, 2020, dragged by the overall...

SPH Reit to maintain its acquisition approach

THE manager of SPH Reit said that there will be no change in its acquisition approach even with the unprecedented disruption caused by the pandemic.

Cromwell E-Reit to acquire logistics park in Italy for 52.6m euros

CROMWELL European Real Estate Investment Trust (Cromwell E-Reit) has entered into an agreement via a wholly-owned vehicle to acquire a logistics park in Italy for 52.6 million euros (S$84.2...

Reimagining the supply chain in a post-pandemic world

COVID-19 has exposed the fundamental weakness of our modern supply chain, disrupting industries and shutting down businesses overnight. The inter-connectedness of the global supply chain has...

Business travel still low, stay-home notice a hurdle

ESSENTIAL business travel in and out of Singapore is still muted despite moves by the Ministry of Trade and Industry (MTI) and other agencies.

DBS' Lakshmi Vilas Bank deal gets formal nod from India's central bank

INDIA'S central bank has formally approved a proposed scheme through which South-east Asia's largest lender DBS will take over the cash-strapped Lakshmi Vilas Bank (LVB).

SPH Reit says it will maintain its approach to acquisitions

THE manager of SPH Reit has said it will not change its approach to acquisition, even with the unprecedented disruption caused by the pandemic.

Mandatory offer for Lum Chang turns unconditional

THE mandatory offer for construction firm Lum Chang Holdings has turned unconditional, as the total shares owned, controlled or agreed to be acquired by the offeror and its concert parties...

 

Emerging Enterprise award

Closes August 28, 2020