Covid-19

Covid-19

Singapore and Hong Kong call off travel bubble arrangement

Singapore and Hong Kong have been working on trying to revive their bubble plans after its previous plans in November were shelved
Sabana REIT's NTP+ nears 100% commitment, to contribute from 2Q21: analysts - THE EDGE SINGAPORE

Broker's Calls

Sabana REIT's NTP+ nears 100% commitment, to contribute from 2Q21: analysts

The 43,000 square feet lifestyle mall located at New Tech Park is slated to open in 2Q21.
KORE reports 3.6% higher distributable income of US$14.9 mil in 1Q2021 - THE EDGE SINGAPORE

Results

KORE reports 3.6% higher distributable income of US$14.9 mil in 1Q2021

Leasing activities were driven mainly by demand from professional services, finance and insurance, as well as tech in the 1Q.
Sen Yue's Kuala Lumpur operations to be suspended due to Covid-19 cases detected - THE EDGE SINGAPORE

Covid-19

Sen Yue's Kuala Lumpur operations to be suspended due to Covid-19 cases detected

The group says it has informed its customers about the situation and is renegotiating delivery deadlines.
DBS downgrades SIA to 'fully valued' as share price runs ahead of fundamentals - THE EDGE SINGAPORE

Broker's Calls

DBS downgrades SIA to 'fully valued' as share price runs ahead of fundamentals

The brokerage has estimated a target price of $3.60 that’s based on 0.9 times FY2022 price-to-book (P/BV) for the airline.
SIA group passenger capacity down 56.3% y-o-y for March 2021 - THE EDGE SINGAPORE

Aviation & Engineering

SIA group passenger capacity down 56.3% y-o-y for March 2021

SIA says it remains “hopeful” for a measured recovery in demand for international air travel.

Covid-19

Canceling the Olympics is an option, senior Japan official says

Overseas fans have already been excluded from the event
Hong Kong wants vaccinated travellers only for Singapore bubble - THE EDGE SINGAPORE

Covid-19

Hong Kong wants vaccinated travellers only for Singapore bubble

Singapore isn’t planning to require all travellers from Hong Kong to be vaccinated.
Grab to list on NASDAQ with Altimeter Growth Corp, to receive US$4.5 bil in cash proceeds - THE EDGE SINGAPORE

IPO

Grab to list on NASDAQ with Altimeter Growth Corp, to receive US$4.5 bil in cash proceeds

The combined company will be traded on NASDAQ under the symbol GRAB.
Robust supply networks offer a shot in the  arm for vaccine roll-out hopes - THE EDGE SINGAPORE

Covid-19

Robust supply networks offer a shot in the arm for vaccine roll-out hopes

After 12 months of pandemic-related challenges, vaccines now offer a welcome ray of hope on the horizon.
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