Business Times

UNITHOLDERS of First Reit have raised a number of questions regarding the company's divestment of Siloam Hospitals Surabaya. Read more at The Business ...

SEMBCORP Industries' financial results are expected to be materially higher for the first half of 2022 compared to a year ago, on the back of continued high ...

SINGAPORE (THE BUSINESS TIMES) - Sembcorp Industries' financial results are expected to be materially higher for the first half of 2022 compared to a year ...

Before exceptional items, earnings swelled 69 per cent to $252 million, mainly due to higher energy demand and margins. Also on Tuesday, Sembcorp said in a separate filing that contrary to a report that Myanmar's central bank has ordered a halt on repayment of foreign loans, its subsidiary in the country has not received such a directive. Sembcorp swung to a net profit of $46 million for the first half of 2021 from a net loss of $42 million in the year-ago period.

KEPPEL Data Centre Fund II (KDCF II) has entered into a strategic partnership with Heying — a wholly-owned subsidiary of Tianjin Zhengxin Group — to jointly ...

KDCF II will acquire a majority stake in Huailai Data Centre and jointly develop the property with Heying, Keppel said in a press release on Monday (July 18).

The group added that its Huizhou Data Centre located in the Tonghu Smart City in Huizhou in the Guangdong province has also officially opened. Located in Huailai County in the Hebei province, Huailai Data Centre is situated on a land plot that spans 3.3ha. This plot forms part of a larger data centre campus spanning 29.7ha. SINGAPORE ( THE BUSINESS TIMES) - Keppel Data Centre Fund II (KDCF II) has entered into a strategic partnership with Heying - a wholly owned subsidiary of Tianjin Zhengxin Group - to jointly develop a greenfield data centre in Greater Beijing, China.

A FEUD between 3 co-founders and shareholders of Fullerton Healthcare has concluded in a definitive settlement agreement that will pave the way for the ...

Factors that led to the loss include lower investment gains and higher interest expenses. Read more at straitstimes.com.

ITM lays the blueprint of strategies and initiatives to further strengthen Singapore's position as a regional financial hub. "The domestic labour market is tight and some pickup in consumer services inflation is to be expected. Mr Menon said MAS has updated the financial services industry transformation map (ITM) for the period 2021-25 and will launch it in a couple of months. Tighter financial conditions, coupled with a squeeze on real incomes as a result of rising prices, will drag on growth, Mr Menon said, adding that it is difficult to estimate the extent of the growth slowdown next year given the complex interplay of multiple factors. MAS managing director Ravi Menon said on Tuesday that core inflation is projected to increase to a peak of 4 per cent to 4.5 per cent in the third quarter this year before levelling off to 3.5 per cent to 4 per cent by year end, much higher than what Singapore is used to. As a result of the loss, MAS did not contribute to Singapore's consolidated fund, out of which government expenditure is made, for the financial year.

IN today's investing environment of rapidly rising interest rates, economic slowdown and emphasis on sustainability, investors need to urgently re-assess ...