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Noble Group cut to junk status by Moody’s; company shares sink

In response, the Singapore-listed company called the rating agency’s move “unfortunate”, arguing that the pending sale of its US$750 million stake in Noble Agri would “substantially” improve its rating metrics.

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Keppel secures 4 contracts worth S$125 million in total

The four contracts include a liquefied natural gas (LNG) Floating Storage Unit (FSU) vessel conversion awarded by a wholly-owned subsidiary of long-time customer Bumi, says Keppel. 

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Loans growth expected to decrease further next year: Banking analysts

Banks are also expected to further step up efforts next year to stay ahead in the digital revolution, with cybercrime coming in many different guises. 

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Banks, supermarkets have the best corporate reputation in Singapore: Survey

A survey of 500 Singaporeans, permanent residents and long term pass holders found that companies in the banking and supermarket sectors have better corporate reputations than insurers and telcos. 

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Industrial sites at Tampines, Tuas go on sale

Both sites have a 20-year tenure and a maximum permissible gross plot ratio of 1.4, says JTC.

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BlackRock sells Kuala Lumpur mall to Malaysia's Pavilion

[KUALA LUMPUR] BlackRock, the world’s largest asset manager, said on Wednesday it has sold a luxury shopping mall in central Kuala Lumpur to Malaysia’s Pavilion Real Estate Investment Trust (Pavilion Reit) for 160 million ringgit (S$52.8 million).


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HDB to launch 18,000 new flats in 2016

SINGAPORE’S Minister of National Development Lawrence Wong on Wednesday said that the Housing and Development Board will launch 18,000 new flats in 2016, 3,000 more than what was launched in 2015.


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HDB to launch 18,000 new flats in 2016, 3,000 more than in 2015

SINGAPORE’S Minister of National Development Lawrence Wong on Wednesday said that the Housing and Development Board will launch 18,000 new flats in 2016, 3,000 more than what was launched in 2015.


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Ascendas-Singbridge CEO to join A-Reit board in reshuffle

A BOARD reshuffle at industrial landlord Ascendas Real Estate Investment Trust (A-Reit) will see the head honcho of urban solutions provider Ascendas-Singbridge coming onboard as vice-chairman.


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Keppel takes full control of Keppel Bay Tower via share swap with Mapletree

KEPPEL Group on Wednesday said it has completed a share swap with Mapletree Investments that would see Keppel holding full control of office building Keppel Bay Tower.


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