SMRT fires 8 employees over 'failing to exercise due care, diligence' leading to Oct 7 tunnel flooding

Singapore rail operator SMRT Corp said it sacked eight employees and disciplined three others following the conclusion of its internal investigation into the October 7 tunnel flooding incident.

Nov 28, 2017

Singapore civil servants to get one-month salary as year-end bonus as economy improves

Civil servants in Singapore will receive a year-end Annual Variable Component (AVC) of one month this year, powered by improvements in Singapore's economy.

Nov 28, 2017

Clearbridge Health's Catalist IPO: 5 things you need to know

Clearbridge Health, the medtech investor formerly known as Clearbridge Accelerator, is poised for an initial public offering (IPO) on the Catalist board of the Singapore Exchange.

Nov 28, 2017

Property developer Ying Li to sell unit to China's Shengyu for S$671.9 mln

Singapore-listed Ying Li International Real Estate on Tuesday said it entered into an agreement with China's Shengyu to sell its stake in unit Shiny Profit for 3.29 billion yuan (S$671.9 million) in cash.

Nov 28, 2017

Singapore's Addvalue plans spin-off, Catalist listing of unit; shares gain

Addvalue Technologies, a provider of wireless and broadband communications solution, on Tuesday said it is exploring the possibility of spinning-off its subsidiary, Addvalue Solutions.

Nov 28, 2017

Fullerton Health gets S$163 mln boost from the world's second-largest insurer

Singapore-based Fullerton Healthcare Corp on Tuesday said it received a "significant investment" from Ping An Capital, the core equity investment platform of China's Ping An Insurance.

Nov 28, 2017

Indian shares extend gains to 8th session; SBI, Axis Bank advance

Indian stocks recovered from losses to close higher on Monday, led by lenders such as State Bank of India and Axis Bank

Nov 27, 2017

Singapore's Boustead Projects secures two contracts worth S$67 mln

Engineering services provider Boustead Projects on Monday said its units secured two contracts totaling about S$67 million from repeat clients.

Nov 27, 2017

Singapore's Temasek buys 232,600 shares in ST Engineering

Singapore state investor Temasek Holdings bought shares worth S$767,254 in Singapore Technologies Engineering.

Nov 27, 2017

Wilmar partners with Dutch financial giant ING on US$150 mln sustainable loan

Wilmar International on Monday said it has partnered with ING Groep, the largest Dutch financial services firm, to convert some of its existing credit facility into a sustainable loan.

Nov 27, 2017

Soilbuild REIT says 'actively' exploring investment opportunities in Australia

Soilbuild REIT Management on Monday said that it is actively exploring investment opportunities in Australia for Soilbuild REIT as the real-estate trust plans to expand its investment scope to cover Australia.

Nov 27, 2017

Singapore stocks slip as Asian weakness weigh; Noble Group tanks 6%

Singapore stocks fell on Monday, dragged lower by lenders such as DBS Group amidst weakness in the Chinese and South Korean markets.

Nov 27, 2017

Indian shares snap 7-day rally; Adani Group stocks fall

Indian stocks fell on Monday, snapping a seven-day winning streak amidst weakness in the Chinese and South Korean markets.

Nov 27, 2017

Singapore shares fall inline with Asia; Noble, Sabana REIT plunge 4%

Singapore stocks fell on Monday, dragged lower by lenders such as DBS Group amidst weakness in the Chinese and South Korean markets.

Nov 27, 2017

StarHub partners with Nokia to co-develop Internet of Things ecosystem in Singapore

Telecoms services provider StarHub on Monday signed a memorandum of understanding (MoU) with Nokia to jointly drive Internet of Things (IoT) momentum in Singapore.

Nov 27, 2017

Latest on Bali volcano: All you need to know

Volcanic eruptions on the Indonesian resort island of Bali has prompted officials to cancel flights, with authorities raising the alert to the highest level on Monday.

Nov 27, 2017

Sabana REIT plunges 4% as talks with ESR end with no deal

Shares of the mainboard-listed Sabana Shari'ah Compliant Industrial Real Estate Investment Trust (REIT) fell as much as 4 percent to S$0.41 in early trading on Monday.

Nov 27, 2017

Golden Agri to sell Tianjin oilseeds unit to commodity trader Louis Dreyfus

Golden Agri-Resources, a producer of crude palm oil and palm kernel, on Monday said it would sell its oilseeds business in Tianjin to a unit of Louis Dreyfus Company (LDC) Asia, the international agricultural trader.

Nov 27, 2017

Oxley Holdings confirms in 'negotiations' to buy Chevron House

Real estate developer Oxley Holdings on Monday said it is in negotiations with the owner of Chevron House to acquire the property.

Nov 27, 2017

Noble to sell U.S.-based ethanol business for US$12.5 mln

Embattled commodities trader Noble Group on Monday said it would sell its U.S.-based ethanol producing business to Zeeland Farm Services for US$12.5 million plus adjustments.

Nov 27, 2017