EDB, ESG reveal Southeast Asia Manufacturing Alliance

9 Feb 2021 - Singapore Business Review
It will give SMEs and suppliers connections to manufacturers in member industrial parks. The Singapore Economic Development Board (EDB) and Enterprise Singapore (ESG) have unveiled the Southeast Asia Manufacturing Alliance (SMA), a tripartite agreement between EDB, ESG, and private sector partners that ...
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CapitaLand, Shopee launch IMM virtual mall

8 Feb 2021 - Singapore Business Review
It’s the first-ever virtual mall on Shopee’s platform. Local real estate giant CapitaLand and Sea-headquartered Shopee has revealed the IMM virtual mall on the platform. As Shopee’s first-ever virtual mall, IMM would help local retailers make the jump towards digitalisation. Backed by CapitaLand, IMM ...
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Office rents to recover back to pre-pandemic levels: Colliers

5 Feb 2021 - Singapore Business Review
CBD Grade A vacancy of 5.2% to tighten over the next two years on low supply. The office rental market is heading towards recovery by the end of 2021, according to Colliers International. Colliers said gross effective rents continue to moderate further by 2.1% QOQ to $9.57 per square foot in Q4 2020 ...
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Innovations on the rise in the retail market

5 Feb 2021 - Singapore Business Review
Online shopping festivals and livestreaming are becoming the trend for e-commerce players in the region. The rise of e-commerce has become more prominent amidst the rapidly changing consumer trends and retail experience. The Consumer and Competition Commission Singapore (CCCS) has observed that e-commerce ...
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Stocks to watch: SGX, SPH, iFast, PropNex, CapitaLand Integrated Commercial Trust

2 Feb 2021 - The Business Times
THE following companies saw new developments that may affect trading of their securities on Tuesday: Singapore Exchange (SGX): The Singapore bourse has fully placed out 240 million euros (S$386 million) of its zero coupon convertible bonds due 2024, it said in a pre-market filing on Tuesday. The offer ...
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Market Update: STI slips below 2,900 level on first day of February

2 Feb 2021 - Singapore Business Review
The Straits Times Index fell on the first trading day of the month shedding about 6.20 points or 0.21% to end the day at 2,896.32. The decline came after Myanmar's declaration of a new state of emergency for up to a year heightened regional stability concerns. About 2.23-billion securities worth S$1.44-billion ...
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Singapore stocks end first trading day of the week in the red, STI down 0.2%

1 Feb 2021 - The Business Times
SINGAPORE equities ended the first trading day of February in the red as investors remained fairly cautious after a retreat over on Wall Street and the declaration of a year-long state of emergency by Myanmar's military after the country's de facto leader Aung San Suu Kyi and other senior officials were ...
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Stocks to watch: Keppel, ThaiBev, MNACT, ComfortDelGro, ST Engineering

29 Jan 2021 - The Business Times
THE following companies saw new developments that may affect trading of their securities on Friday: Keppel Corporation: It will be restructuring subsidiary Keppel Offshore & Marine (Keppel O&M) into a slimmer, more asset-light one. Keppel will to exit the offshore rig building business after completing ...
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Market Update: Singapore shares slip for a third day

27 Jan 2021 - Singapore Business Review
The Straits Times Index ended Tuesday trade down by about 28.13 points, or 0.95%, at 2,945.52. Most Asian stocks fell, dragged by further lockdowns in the Euro zone and investor jitters over the upcoming US fiscal stimulus. About 3.75-billion securities worth S$1.6b changed hands, with more than double ...
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Singapore stocks decline for third consecutive day; STI down 0.9%

26 Jan 2021 - The Business Times
SINGAPORE stocks fell for a third consecutive day, with the benchmark Straits Times Index (STI) declining 0.9 per cent or 28.13 points on Tuesday to 2,945.52. The losses tracked a broader decline across Asia, where major regional indices also ended Tuesday in the red. Stephen Innes, chief global market ...
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