Singapore
Top 5 S-REITs averaged total return of 8.5% in 2020 YTD
Top 5 S-REITs averaged total return of 8.5% in 2020 YTD
Ascendas REIT leads the pack with a net institutional inflow of $69.1m.
A Guide for Singapore's SMEs: Reading between the lines of the Budget
The Budget provides Singapore SMEs with defence and growth measures – it’s now up to businesses to take them!
Medical inflation to rise 9.3% in 2020
Singapore’s demand for health care services continues to outstrip supply.
Raffles Medical's profit dropped 15.2% to $60.27m in 2019
Profits were hit by gestation loss for Raffles Hospital Chongqing.
ST Engineering's profit up 16.9% to $577.95m in FY2019
All of its business segments posted increases in net profit.
DBS converts $758m bank guarantee facility into green facility
Wind turbine maker Siemens Gamesa will issue green guarantees under the facility.
CapitaLand to release one-month security deposit for retailers
It aims to help ease tenants’ cash flows amidst COVID-19.
SPH buys five aged care properties for $65.8m
The assets have a total capacity of 365 beds.
Singapore's fintech investments hit $1.21b in 2019
It is now the fifth biggest fintech market in APAC.
Daily Briefing: Grab reverses plan to cease driver incentives; Kimly acquires food outlets for $55.8m
And Bukit Sembawang Estates sold 64% of units of Luxus Hills Contemporary Collection.
Chart of the Day: Here are the priciest strata office deals in 2019
The most expensive deal is a 29,049 sqft building sold for $2,730 psf.
Daily Markets Briefing: STI down 0.55%
ComfortDelGro saw the sharpest decline amongst top active stocks with a 1.46% contraction.The Straits Times Index ended 17.65 or 0.55% lower at 3,181.03.The top active stocks were DBS, which inched down 0.08%, Singtel, which fell 0.96%, UOB, which slid 0.73%, ComfortDelGro, which dropped 1.46%, and OCBC Bank with a 0.18% slip.The FTSE Mid Cap dipped 0.65% whilst the FTSE Small Cap edged down 0.94%.
Sunseap to install rooftop solar on Boustead Projects' properties
It will also provide energy to the real estate solutions provider’s clients and tenants.
StarHub's profits slid 10.9% to $178.6m in 2019
Lower revenues were reported for the Mobile, Pay TV, and broadband lines.
Wilmar International's profits grew 15% to $1.78b in 2019
Growth was driven by higher profits from the Oils and Oilseeds segments.
HSBC Singapore to give cash management advice to COVID-hit firms
They will also assist clients who need to expedite their manual payment handling.
Gigacover extends COVID-19 coverage to freelancers, GoJek drivers
Income protection policies will cover stay home notices and leaves of absence.
Commentary
Why Singapore SMEs cannot wait for quantum cyber risk to arrive before securing data
Is Singapore's emphasis on long-term security and stability hindering purpose-driven employees?
When Singapore's agentic AI ‘chefs’ arrive, will the kitchen be ready for them?
What Singapore’s app store rules reveal about the future of online trust
Faster hiring alone will not fix construction’s productivity problem
Beyond policy: How Singapore's service sector can win at the frontline
Solving the production problem behind Singapore’s ‘pilot purgatory’
Transformation without disruption: Your Existing ERP is an accelerant to business innovation
From Singapore to Southeast Asia: Thriving in innovation by knowing when to pause
Section 13O, MAS, and the digital footprint of Singapore Family Offices