FeaturedOil & GasSinopec to acquire stake in Hin Leong’s partially owned oil storage terminalInternational Finance Business DeskApril 23, 2020 by International Finance Business DeskApril 23, 2020 In 2016, a stake sale in the terminal valued it entirely at more than US$1.5 bn... Read more
FeaturedTechnologyBlockchain Association of Singapore launched to build digital economyInternational Finance Business DeskApril 16, 2020April 16, 2020 by International Finance Business DeskApril 16, 2020April 16, 2020 It is a a merger between Singapore Blockchain Association and the Blockchain, Enterprise and Scalable Technologies... Read more
Banking and FinanceFeaturedSingapore announces $88 mn package to support financial sectorInternational Finance Business DeskApril 15, 2020 by International Finance Business DeskApril 15, 2020 The aid is in addition to the $4.02 bn set aside in budget 2020 to help the sector fight against Covid-19... Read more
FeaturedReal EstateSingapore property investment sales dropped 37% to $3.02 bn in Q1International Finance Business DeskApril 14, 2020April 14, 2020 by International Finance Business DeskApril 14, 2020April 14, 2020 In the first quarter, commercial property sales dropped 81 percent to $183.4 million compared to the same period last year... Read more
EnergyFeaturedSingapore-based LYS Energy Group secures S$14 mn green loanInternational Finance Business DeskApril 13, 2020 by International Finance Business DeskApril 13, 2020 The loan will be provided by United Overseas Bank... Read more
FeaturedOil & GasSingapore’s KrisEnergy sells 30% Andaman II stake to BP for $15 mnInternational Finance Business DeskApril 8, 2020April 8, 2020 by International Finance Business DeskApril 8, 2020April 8, 2020 The Andaman II PSC is an exploration block over the North Sumatra Basin spanning 7,400 square kilometre... Read more
FeaturedFintechHuawei launches its payment services in SingaporeInternational Finance Business DeskApril 7, 2020 by International Finance Business DeskApril 7, 2020 The new service is being launched in partnership with UnionPay... Read more
FeaturedReal EstateTikehau Capital, City Developments raise stake in IREIT GlobalInternational Finance Business DeskApril 7, 2020 by International Finance Business DeskApril 7, 2020 The two companies will jointly acquire a 26.04 percent stake in IREIT Global... Read more
FeaturedTelecomSingapore’s Singtel plans sale of Australian mobile towersInternational Finance Business DeskApril 3, 2020 by International Finance Business DeskApril 3, 2020 The mobile towers are estimated to be worth A$2 billion in total... Read more
Business LeadersFeaturedSingapore ride-hailing giant Grab names new CFOInternational Finance Business DeskApril 2, 2020 by International Finance Business DeskApril 2, 2020 Grab announced the appointment of Peter Oey as its new chief financial officer... Read more