First ship-to-containership LNG bunkering operation in Asia undertaken

25 Mar 2021 - Singapore Business Review
It underscores Singapore’s goal to become a leading LNG bunkering hub in Asia. The first ship-to-containership liquefied natural gas (LNG) bunkering operation in Asia has recently been undertaken by shipping and logistics company CMA CGM, LNG bunker supplier FueLNG, and the Maritime and Port Authority ...
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STI gains 9.2% in March

17 Mar 2021 - Singapore Business Review
The Straits Times Index continues to recover. The Straits Times Index (STI) gained 9.2% as of 15 March, according to latest data from the Singapore Exchange. The index, which tracks the top 30 companies traded in the exchange, falls within 20% of the record high of May 2018, and would have to decline ...
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Keppel O&M delivers second newbuild LNG carrier

11 Mar 2021 - Singapore Business Review
It is designed to support small-scale LNG distribution and bunkering. Keppel Offshore & Marine (Keppel O&M) has delivered its second newbuild liquefied natural gas (LNG) carrier, the Avenir Accolade, to its owner, a subsidiary of Avenir LNG. Avenir Accolade is designed to support small-scale LNG distribution ...
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S-REITS lead STI Reserve List

9 Mar 2021 - Singapore Business Review
Recent moves of the S-REITS sector have been aligned with global REIT. Singapore real estate investment trusts (S-REITS) have been in the lead for the Straits Times Index (STI) reserve list, yielding an average of 6%. The STI Reserve List, which comprises the five highest ranking non-constituents of ...
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SBF forges initiative to help businesses venture globally

22 Feb 2021 - Singapore Business Review
It hqas partnered with UOB and Keppel Land to ease the internationalisation process. The Singapore Business Federation (SBF) has facilitated the overseas ventures by 15 Singapore small and medium enterprises (SMEs) through its initiative, GlobalConnect@SBF, despite the economic downturn from the previous ...
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Keppel REIT rolls out private placement to fund acquisition of Keppel Bay Tower

19 Feb 2021 - Singapore Business Review
Keppel REIT plans to raise $270m, and $262m of which will go to funding the property acquisition. Real estate investment firm Keppel REIT announced on 18 February that its private placement price would fall between $1.11 and $1.14 per unit, with approximately 235m to 242m units up for sale. The private ...
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Stocks to watch: SIA, Yanlord, GuocoLand, Keppel, Sunningdale, UG Healthcare

5 Feb 2021 - The Business Times
THE following companies saw new developments that may affect trading of their securities on Friday: Singapore Airlines (SIA): Net loss for the flag carrier extended into the third quarter ending Dec 31 at S$142 million, a reversal of the net profit of S$315 million recorded in the prior-year period. ...
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Keppel Infrastructure, PUB open Singapore's fourth desalination plant

5 Feb 2021 - Singapore Business Review
KMEDP can produce 137,000 cubic metres of fresh drinking water daily. Singapore has opened its fourth desalination plant, the Keppel Marina East Desalination Plant (KMEDP), under the partnership of Keppel Infrastructure and PUB, Singapore’s national water agency. KMEDP is Singapore’s first large-scale, ...
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Stocks to watch: Ascendas Reit, Keppel, Japfa, Sunpower, LMIRT

3 Feb 2021 - The Business Times
THE following companies saw new developments that may affect trading of their securities on Wednesday: Ascendas Real Estate Investment Trust (Ascendas Reit): The Reit posted a lower distribution per unit of 7.418 Singapore cents for its second half ended Dec 31, 2020, from 7.485 cents a year ago. Its ...
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Keppel Capital launches China logistics property fund

3 Feb 2021 - Singapore Business Review
Its initial commitment is at around $288.8m (RMB1.4b). Keppel Capital Holdings has launched a China logistics property fund together with a global investor, which has an initial total equity commitment of around $288.8m (RMB1.4b), to invest in developing high-quality logistics assets in key logistics ...
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