In Focus

Businesses turn bullish for Q1 2020

Businesses turn bullish for Q1 2020

Local firms have positive outlook for five in six indicators.

In Focus

PMI rose 0.2 points to 49.8 in November

Factory output and inventory sped up in expansion.

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Buyback value soars threefold to $52m in November

Keppel REIT led the pack at $28.63m or 51.29 million shares.

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Strata-titled retail unit sales crashed 55.3% to $64.3m in Q3

There were 46 caveats lodged in the same quarter, which is 36.1% lower than in Q2.

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Real wages tipped to grow 3.6% in 2020

Across Asia, real-wage salaries are expected to show the highest growth at 3.1%.

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Asset headwinds spell trouble for Singapore banks

OCBC and UOB have both flagged downgrades in some of their corporate accounts.

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Manufacturing output up 4% in October

Output from the biomedical manufacturing sector jumped 24%.

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Home price hikes could persist until Q3 2020

Although prices normally rise for 8.7 quarters, global headwinds could suggest shorter growth.

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Consumer confidence falls to lowest in 2 years

Confidence fell to 89 points in Q3 amidst recession concerns and rising food prices.

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Uncompleted home listings surged 45% to 3,628 units in Q3

62.7% or 2,275 units were from 12 newly launched projects.

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Over 1,300 food delivery riders could get hit by e-scooter ban

Deliveroo and foodpanda said they will stop working with errant riders in light of the ban.

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What's next for Singapore's mature power market?

Growth for power producers lies in innovations geared towards grid transition, according to S&P Global Ratings.

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Tightened rules on auditing call for higher tech and workforce investments

The Big 4 are strenghtening their audit advisory services and expanding into cybersecurity and compliance.

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Growth of grade A office rents stalls as tenants delay expansion plans

Rents hit the wall after eight consecutive quarters’ growth.

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New condo sales jumped 49.2% to 3,198 units in Q3

All regions recorded growth in new sales, with the largest surge being seen in OCR.

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Top three S-REITs averaged total return of 50% YTD

Ascendas India Trust leads the pack with a total return of 52.7%.

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Shrinking supply pipeline could be boon for hospitality sector

With few new hotels in sight for Singapore, hoteliers are ready to raise room rates.

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