Real Estate
Court dismisses appeal by Sabana Reit’s tenant over outstanding rent
THE Singapore High Court has dismissed an appeal by Sabana Industrial Reit’s former tenant Kleio One-Solution over outstanding rent and other payments due under the lease.
China’s Xpeng forecasts rise in quarterly deliveries as promotions boost EV demand
CHINESE electric-vehicle maker Xpeng forecast a rise in second-quarter vehicle deliveries on Tuesday (May 21), saying it expects a boost to demand from lower prices and subsidies, sending its...
China’s JD.com aims to raise US$1.5 billion in convertible bond deal
CHINESE online retailer JD.com is raising US$1.5 billion via a convertible bond sale, according to the company’s regulatory filings on Tuesday (May 21).
DBS takes part in S$286 million blended-finance project in Indonesia
DBS, South-east Asia’s largest lender, will be loaning an undisclosed sum of money under a blended-finance project that supplies fresh water to three cities in Indonesia.
Singapore prices S$2.5 billion of 30-year sovereign green bonds at 3.3%
SINGAPORE received strong demand for its third sale of green bonds, with an order book 2.45 times the amount offered to institutional investors.
Britain to rein in Mastercard and Visa fees on retailers
THERE is little evidence that big hikes in fees by Visa and Mastercard on retailers who use their cards have also led to major improvement in service, Britain’s Payment...
Istanbul’s century-old streetcars get makeover
They will be replaced by battery-powered trams and stay faithful to the look of their predecessors
CDL posts S$736.8 million Q1 sales revenue in Singapore property development
CITY Developments Limited (CDL) and its joint venture (JV) associates registered a sales revenue of S$736.8 million in Singapore for the first quarter ended March, up from a total...
