RENEWABLE energy and waste infrastructure developer Equis Development has acquired a solar project in South Korea comprising a US$50 million 22MW (megawatts) solar generation project, and a 70MWh (megawatt hours) battery storage system.
STANDARD Chartered on Monday said it will set aside US$1 billion to finance companies that are providing goods and services to tackle the Covid-19 outbreak.
BUSINESSES will get a further shot in the arm to ease cash flow pressure amid the Covid-19 pandemic, but some small and medium-sized enterprises (SMEs) remain concerned that they will not get financial support from the banks when they need it most.
AMID broadening concerns over a record surge in the greenback, the Monetary Authority of Singapore (MAS) will move to lend US dollars (USD) obtained from the US Federal Reserve to banks in Singapore via auction allocation. The first auction will be held today.
UNITED Overseas Bank (UOB) said on Thursday that one of its employees has tested positive for Covid-19. The bank was informed by the Ministry of Health today.
THE Monetary Authority of Singapore (MAS) announced on Thursday that it will be lending USD obtained from the US Federal Reserve to banks in Singapore allocated through auctions, with the first taking place this Friday, March 27.
