MAS to offset cost of issuing green bonds with new grant scheme

23 Mar 2017 - Channel NewsAsia
SINGAPORE: The Monetary Authority of Singapore (MAS) will introduce a Green Bond Grant scheme this year to offset the cost of companies issuing sustainability-oriented bonds, Second Minister for Finance Lawrence Wong announced on Thursday (Mar 23). Green bonds are debt instruments with proceeds earmarked ...

Grab combines cabs and cars in new service

23 Mar 2017 - Singapore Business Review
JustGrab will be available on 29 March. The ride-hailing company has introduced JustGrab, a new service that combines fixed fare GrabTaxi and GrabCar vehicles. The JustGrab service was beta-tested from 22 March, will be progressively rolled out to Grab’s tiered GrabRewards customers first, and will be ...

Daily Briefing: Alibaba and Lazada team up in Singapore; New phones for cash-strapped expats

23 Mar 2017 - Singapore Business Review
And here's what commuters need to know about surge pricing. From Bloomberg: Alibaba’s bringing its teeming Taobao internet marketplace to Singapore. Alibaba Group Holding Ltd. and Lazada Group SA are teaming up to sell select Taobao products direct to shoppers in the affluent island-state, striking their ...

Daily Markets Briefing: STI down 0.23%

23 Mar 2017 - Singapore Business Review
Analyst forecasts today won't bring any improvement. The Straits Times Index (STI) ended 7.13 points or 0.23% lower to 3158.57, taking the year-to-date performance to +9.64%, according to SGX. The top active stocks yesterday, 22 March, were DBS, which declined 0.05%; Singtel, which declined 1.50%; UOB, ...

CDL pops the champagne as sales momentum picked up

23 Mar 2017 - Singapore Business Review
It sold 20 home units in two days. City Developments (CDL) saw a healthy take-up of 20 residential units across its Singapore projects over the weekend, after a surprise easing of policy measures, according to RHB. A bulk of the sales came from its mass to mid-range projects. This is in line with RHB’s ...

Chart of the Day: Pay TV subscribers down 1.3% to 907,000

23 Mar 2017 - Singapore Business Review
Blame the constant drop on over-the-top services. OCBC Investment Research said Singapore’s Pay TV market continued its decline as the total number of Pay TV subscribers fell 1.3% quarter-on-quarter to 907,000 as of end-4QCY16. "Starhub fell by a greater 1.8% QoQ to 498,000 subscribers whilst Singtel’s ...

YuuZoo to acquire Cinram Europe's holding company for 7.5m shares

22 Mar 2017 - Business Times Breaking News
SINGAPORE-LISTED YuuZoo Corporation has acquired an exclusive option to buy the holding company of Cinram Europe for 7.5 million YuuZoo shares.Cinram is one of the biggest logistics and distribution companies in Europe and the acquisition is from US-based 46 State Street LLC and an affiliate. The acquisition ...

Loyz Energy has US$22.6m loans backed by vehicle of Ezra's CEO

22 Mar 2017 - Business Times Breaking News
LOYZ Energy said some US$22.6 million bank loans on its books are backed by corporate guarantees from an investment vehicle of Ezra Holdings' group chief executive and shareholder, Lionel Lee. The investment vehicle, Jit Sun, also holds in excess of 151 million shares representing about 9.9 per cent ...
594 5DN

SGX: Listed Companies Can Electronically Transmit Shareholder Documents.

22 Mar 2017 - ShareInvestor Express
Listed companies will soon be able to use electronic communication to transmit annual reports and other documents to shareholders...

ST Engineering: MINDEF Awards ST Kinetics Contract For Next Generation Armoured Fighting Vehicle.

22 Mar 2017 - ShareInvestor Express
Singapore Technologies Engineering Ltd's land systems arm, Singapore Technologies Kinetics Ltd, has been awarded a contract by the Ministry of Defence for the production and supply of the Next Generation Armoured Fighting Vehicle. Under the contract, ST Kinetics will also provide integrated logistics ...