DBS tops Bloomberg Asia's green loans league tables

26 Aug 2020 - Singapore Business Review
The bank extended $1.36b in green loans in eight deals from January-August. DBS has ranked first in Bloomberg Asia ex Japan’s league tables for green loans for its role as mandated lead arranger (MLA) from January to 25 August, according to an announcement. During the period, DBS extended $1.36b (S$1.86b) ...
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Singapore shares rise at open tracking Wall Street gains; STI up 0.4%

25 Aug 2020 - The Business Times
SINGAPORE stocks opened higher on Tuesday following overnight gains on Wall Street amid optimism over a newly-approved coronavirus treatment. Singapore's Straits Times Index (STI) headed up 0.4 per cent or 9.78 points to 2,548.39 as at 9.06am. Gainers outnumbered losers 137 to 31, after 145.3 million ...
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Stocks to watch: GuocoLand, Axington, SATS, Aspen, SIA, Koufu

25 Aug 2020 - The Business Times
THE following companies saw new developments that may affect trading of their securities on Tuesday: GuocoLand: The real estate developer's full-year net profit halved to S$114.1 million, largely due to the absence of fair-value gains on investment properties. GuocoLand proposed a dividend of S$0.06 ...
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GuocoLand's profit fell 55% to $114.07m in FY2020

25 Aug 2020 - Singapore Business Review
Revenue from investment properties and hotels dropped. GuocoLand saw its profit attributable to shareholders plunge 55% YoY to $114.07m in FY2020 from $255.67m in FY2019, an announcement revealed. This is despite its revenue edging up 2% YoY to $941.84m from $926.96m over the same period. Revenue from ...
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Chart of the Day: Office supply pipeline to hit 4.3 million sqft by 2024

24 Aug 2020 - Singapore Business Review
Pre-committed rates for most buildings in the CBD for 20201 are deemed healthy. This chart from EDMUND TIE showed that the total supply pipeline from Q2 to 2024 is estimated at around 4.3 million sqft (or 905,000 sqft per annum), with most of the supply expected to be completed by 2022. In 2021, pre-committed ...
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Stocks to watch: CDL, Singtel, GuocoLand, China Aviation Oil, Sabana Reit, ESR-Reit

20 Aug 2020 - The Business Times
THE following companies saw new developments that may affect trading of their securities on Thursday: City Developments Limited (CDL): Millennium Hotels and Resorts (MHR) cut 159 jobs - or about 15 per cent of its Singapore-based workforce - on Wednesday, following earlier reductions in its foreign worker ...
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Stocks to watch: CDL, Keppel, GuocoLand, Sabana Reit, ESR-Reit

20 Aug 2020 - The Business Times
THE following companies saw new developments that may affect trading of their securities on Thursday: City Developments Limited (CDL): Millennium Hotels and Resorts (MHR) cut 159 jobs - or about 15 per cent of its Singapore-based workforce - on Wednesday, following earlier reductions in its foreign worker ...
sgx:qc7 sgx:s68 sgx:j91u sgx:m1gu sgx:bn4 sgx:t39 sgx:c09 sgx:c70 sgx:f17 klse:0080 sgx:1d4 klse:1503

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GuocoLand to build mixed-use development at Tan Quee Lan Street

19 Aug 2020 - Singapore Business Review
It will have 1.5 million sqft of gross floor area, sprawling over 3.2 ha of prime land. GuocoLand has introduced its new mixed-use development Guoco Midtown II at Tan Quee Lan Street, which will also feature a residential project named Midtown Modern, a press release revealed. The new combined master ...
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Chart of the Day: Around 4.3 million sqft of office supply in the works

13 Aug 2020 - Singapore Business Review
The market will face a huge supply coming on board in 2022. This chart from EDMUND TIE shows that the total office supply pipeline from Q2 2020 to 2024 is estimated around 4.3 million sqft or 905,000 sqft per anuum, with most of the supply expected to be completed by 2022. In 2021, the pre-committed ...
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Singapore shares open higher on Wednesday, tracking Wall Street rally; STI up 1%

15 Jul 2020 - The Business Times
SINGAPORE shares opened stronger on Wednesday, tracking a Wall Street rally overnight, with the benchmark Straits Times Index (STI) rising 26.19 points or 1 per cent to 2,646.38 as at 9.01am. The STI ended lower on Tuesday, as sentiment was dampened by advanced estimates that showed Singapore's second-quarter ...
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