In Focus
How S-REITs' new lifeline can improve its cash flow
How S-REITs' new lifeline can improve its cash flow
It will not prompt acquisitions as S-REITs are expected to be more prudent in capital efficiency.
Residential sales up 20% in Q1: Huttons
Strong sales in January and February have more than offset the crash in March.
Lost output amidst pandemic could hit $50b: BofA
An expected recovery in 2021 won’t stop the bleeding.
Property investments fell 37% to $3.02b in Q1
Big-ticket commercial deals were absent due to weaker market sentiment.
Singapore banks urged to use capital buffers
The regulator has eased funding requirements to allow for more losses.
Government launches $5.1b solidarity budget amidst lockdown
They will introduce a bill allowing businesses to defer rent and law payments, amongst others.
PMI falls to record low at 45.4 in March
Faster contractions in finished goods, imports, input prices, and order backlog dragged it down.
Challenging times ahead for banking industry
Delinquencies are sighted to rise from SMEs, large corporates, and retail customers.
Average monthly rent for Singapore expats swells 1.4%
Overseas relocation mainly from Hong Kong caused the increase.
MAS, finance associations float support packages for individuals and SMEs
It aims to support SMEs with continued access to bank credit and insurance cover.
Firms slash electric bills as Singapore launches live auctions for packages
On average, savings can hit 30% off the regulated tariff after live auctions were launched.
Telcos to take a hit from decline in travellers
Roaming revenue may be cut in half due to a decline in tourists.
Recession risks for 2020 to persist despite resilience budget: analysts
Another fiscal package may be necessary if recession lasts to Q4.
Factory output dipped 1.1% in February
The electronics sector saw the sharpest decline in output at 17.3%.
Singaporean services hit record-high in customer satisfaction in 2019
But customers stil bemoan the long waiting time in hospitals.
General insurance sector posts $28m in underwriting loss for 2019
The top five segments accounted for a combined $43.4m underwriting loss.
Share buybacks soared to 55-month high in March
The total consideration for the quarter nearly reached the full $544m figure in 2019.
Commentary
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform