In Focus
Luxury homes flourish amidst renewed vigour from ultra-rich foreign buyers
Luxury homes flourish amidst renewed vigour from ultra-rich foreign buyers
Transactions are back to pre-2007 crisis levels as billionaires hedge for potential losses amidst uncertainties.
Total returns of top 50 stocks hit 12% QTD
Seven firms are noted to have higher total returns compared to the best-performing trust.
Singapore falls to fifth place in top cities rankings
This was blamed on tighter competition across major Asian cities.
Businesses turn bullish for Q1 2020
Local firms have positive outlook for five in six indicators.
PMI rose 0.2 points to 49.8 in November
Factory output and inventory sped up in expansion.
Buyback value soars threefold to $52m in November
Keppel REIT led the pack at $28.63m or 51.29 million shares.
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.
Real wages tipped to grow 3.6% in 2020
Across Asia, real-wage salaries are expected to show the highest growth at 3.1%.
Asset headwinds spell trouble for Singapore banks
OCBC and UOB have both flagged downgrades in some of their corporate accounts.
Manufacturing output up 4% in October
Output from the biomedical manufacturing sector jumped 24%.
Home price hikes could persist until Q3 2020
Although prices normally rise for 8.7 quarters, global headwinds could suggest shorter growth.
Consumer confidence falls to lowest in 2 years
Confidence fell to 89 points in Q3 amidst recession concerns and rising food prices.
Uncompleted home listings surged 45% to 3,628 units in Q3
62.7% or 2,275 units were from 12 newly launched projects.
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.
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.
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.
Growth of grade A office rents stalls as tenants delay expansion plans
Rents hit the wall after eight consecutive quarters’ growth.
Commentary
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform