Consistel Chairman Masoud Bassiri says SMRT is not partnering it to be a telco, but there are "synergistic" areas between both companies that culminated in the tie-up announced on Wednesday (Apr 15).
At the latest fixing on Thursday (Apr 16), the three-month Sibor slipped to 0.94654 per cent from 1.01241 per cent on Wednesday, the lowest level in about a month.
Singapore-registered Jones the Grocer International has been found to be insolvent. Its two outlets in the Orchard Road area are currently up for sale.
Against the Singapore dollar, the ringgit fell to 2.7284 – its weakest since January 1998.
Research agency A*STAR and enterprise development agency SPRING Singapore have started an initiative to customise available solutions to suit business needs, announces Second Minister for Trade and Industry S Iswaran.
The airline will operate thrice-weekly flights between Singapore and Kaohsiung from Jul 9.
As cooling measures are still in place, property watchers say it remains to be seen if the uptick represents a recovery in the market.
Senior Minister of State for Trade and Industry Lee Yi Shyan lists out three ways Singapore can work with partners and international organisations to beef up infrastructure development in the region.
This is part of efforts by SIAS to help investors make better investment decisions, and the association plans to roll out the million-dollar initiative on its website.
The Singapore bourse says it is not currently in the process of establishing a link along the lines of the Shanghai-Hong Kong Stock Connect.