21 May 2021 - Singapore Business Review
The new joint venture will create a global exchange and marketplace for high-quality carbon credits. Singapore Exchange (SGX), Standard Chartered and Temasek together with DBS, have joined forces to take climate action through a joint venture to establish Climate Impact X (CIX) which aims to be a global ...
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21 May 2021 - Singapore Business Review
This could make MIT one of the largest owners of data centres among Asia Pacific REITs. Mapletree Inidustrial Trust (MIT) has entered into a purchase and sales agreement with Sila Realty Trust to acquire 29 data centres across 18 US states. Approximately priced at US$1.3b (around $1.78b), the acquisition ...
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21 May 2021 - Singapore Business Review
Frasers Logistics & Industrial Trust saw the sharpest decline during Friday's trading, with a 0.69% drop. The Straits Times Index ended 8.08 or 0.26% higher at 3,117.89 at the close of trading on Friday, May 21. Among the top active stocks were Venture Corp. Ltd. which grew 1.36%, CapitaLand which grew ...
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19 May 2021 - Singapore Business Review
The multinational investment bank expects Singapore to reach GDP growth of above 8% in 2021. Singapore’s economy likely recovered to pre-COVID-19 levels in the first quarter, according to Morgan Stanley’s mid-year outlook. The multinational investment bank forecasts a full year GDP growth of 8% for 2021, ...
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19 May 2021 - Singapore Business Review
This raises the green loans portion of Fraser Centrepoint Trust’s portfolio to 18%. Sapphire Star Trust, property owner of the Waterway Point, has sealed its first green loan, worth $589m, Frasers Centrepoint Asset Management Ltd. (FCAM) announced. Fraser Centrepoint Trust (FCT) owns a 40% interest of ...
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19 May 2021 - Singapore Business Review
Universum surveyed 10,000 students for their top employer of choice. Government-backed A*Star beat out tech giants Google and Apple as the top employer of choice for students in the engineering and natural sciences industry, a survey by Universum revealed. Singapore’s leading public sector R&D agency ...
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19 May 2021 - Singapore Business Review
Singapore Airlines Limited saw the sharpest decline during Wednesday's trading, with a 3.29% drop. The Straits Times Index ended 36.68 or 1.17% higher at 3,105.95 at the close of trading on Wednesday, May 19. The top active stocks were Keppel DC REIT which grew 0.75%, Dairy Farm International Holdings ...
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19 May 2021 - Singapore Business Review
Singapore Airlines Limited saw the sharpest decline during Wednesday's trading, with a 3.29% drop. The Straits Times Index ended 38.42 or 1.22% higher at 3104.21 at the close of trading on Wednesday, May 19. The top active stocks were Keppel DC REIT which grew 0.75%, Dairy Farm International Holdings ...
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17 May 2021 - Singapore Business Review
The telco company is reviewing Amobee, Global Cyber Security Business, and Optus. Singapore Telecommunications Limited (Singtel) will announce its official financial statement on May 27, but it gives an early warning of massive losses. In a bourse statement, Singtel said its unaudited, unofficial net ...
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14 May 2021 - Singapore Business Review
Frasers Property reported a net income of $275.8m for the first quarter. Frasers Property's net income increased by 18% to $275.8m for the first quarter of 2021. Frasers Property CEO Panote Sirivadhanabhakdi, in a bourse disclosure, said that COVID-19 continues to have a significant impact on its performance, ...
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