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Month: April 2019

Posted on 17/04/2019

Keppel completes first LNG cargo import from North America

Keppel Gas Pte Ltd, a wholly-owned subsidiary of Keppel Infrastructure Holdings Pte Ltd, has completed its first Liquefied Natural Gas cargo import under Singapore's Spot Import Policy ... ( read original story ...)

Posted on 17/04/2019

A dozen buyers eye Citibank’s India BKC office: Report

Around 12 suitors have placed bids for Citibank's Indian head office located in Mumbai's Bandra Kurla Complex (BKC), Business Standard reported. Private equity firm Blackstone, Singapore-based GIC, K ... ( read original story ...)

Posted on 17/04/2019

DBS says exposure by REITs to CWT default more manageable than thought

SINGAPORE (Apr 17): DBS Group Research is not overly worried about the local industrial REITs – AIM APAC REIT (AA REIT), Mapletree Logistics Trust (MLT) and Cache Logistics Trust (CacheLog Trust) – ... ( read original story ...)

Posted on 17/04/2019

Singapore Exports Slump on Worst Electronics Drop Since 2013

(Bloomberg) -- Singapore’s electronics exports slumped in March by the most since 2013, an ominous sign that it will take longer for the city state to shake off a regional demand slowdown from earlier ... ( read original story ...)

Posted on 17/04/2019

Singapore’s OCBC Seeks Partner for China Securities Business

(Bloomberg) -- Oversea-Chinese Banking Corp. is looking for a Chinese firm to team up with on a securities joint venture on the mainland, the latest foreign bank seeking to capitalize on the ... ( read original story ...)

Posted on 17/04/2019

Keppel-KBS US REIT kept at ‘buy’ by DBS on positive outlook

SINGAPORE (Apr 17): DBS Group Research is maintaining its bullish stance on Keppel-KBS US REIT (Kore) on the stock’s positive outlook. In particular, Kore has guided that it could achieve on average ... ( read original story ...)

Posted on 17/04/2019

DBS partners China’s Sinosure for Belt and Road project push

SINGAPORE - DBS Group Holdings is partnering China Export & Credit Insurance Corporation (Sinosure) on projects under the Belt and Road Initiative (BRI), especially those from Asean. Sinosure is the ... ( read original story ...)

Posted on 17/04/2019

Singapore’s mobile payments growth hits 46% in 2019

It lags behind Vietnam in terms of growth rate. Mobile payments in Singapore climbed 12 ppt from 34% in 2018 to 46% in 2019, making the nation the fifth fastest in terms of mobile payments growth in ... ( read original story ...)

Posted on 17/04/2019

Singapore Exports Slump on Worst Electronics Plunge Since 2013

Singapore’s electronics exports slumped in March by the most since 2013, an ominous sign that it will take longer for the city state to shake off a regional demand slowdown from earlier this year. ... ( read original story ...)

Posted on 17/04/2019

Singapore exports fell more than expected in March, dropped 11.7 percent year-on-year

Singapore exports dropped 11.7 percent in March year-on-year, data from trade agency Enterprise Singapore showed. Pharmaceutical exports dived 36.5 percent in March from the previous year after ... ( read original story ...)

Posted on 17/04/2019

Singapore March exports see biggest decline since 2016

SINGAPORE - Singapore's March on-year non-oil domestic exports (NODX) saw their biggest decline since October 2016, official data showed on Wednesday, pointing to a potential downward revision to its ... ( read original story ...)

Posted on 17/04/2019

Singapore exports hit double-digit slump in March; government cites high base effect

Electronic shipments kept contracting, after an 8.2 per cent drop in February. Save for November 2018, electronic export growth was negative year on year throughout 2018. The latest data shows that ... ( read original story ...)

Posted on 17/04/2019

Singapore March exports drop 11.7 percent year-on-year

SINGAPORE - Singapore's on-year non-oil domestic exports (NODX) growth fell more than expected in March, dented by a plunge in electronic and pharmaceutical shipments, official data showed on ... ( read original story ...)

Posted on 17/04/2019

Inside Changi Airport Singapore’s new ‘Jewel,’ home to world’s tallest indoor waterfall

(CNN) — Following four years of construction and nonstop media coverage, Singapore's long-awaited Jewel Changi Airport is officially open. Featuring a dramatic, doughnut-shaped exterior framed in ... ( read original story ...)

Posted on 17/04/2019

Singapore’s OCBC Seeking Partner for China Securities Business

(Bloomberg) -- Oversea-Chinese Banking Corp. is looking for a Chinese firm to team up with on a securities joint venture on the mainland, the latest foreign bank seeking to capitalize on the nation’s ... ( read original story ...)

Posted on 17/04/2019

ESR gets $242m loan from UOB to buy prime Tokyo land for distribution centre

SINGAPORE - Logistics real estate company ESR has obtained a 20 billion yen (S$242 million) loan from United Overseas Bank (UOB) to partially fund ESR's acquisition of a plot of land in Yokohama, ... ( read original story ...)

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