Singapore
Chart of the day: Ultra-luxury property rents rose 10.6% in Q3
Chart of the day: Ultra-luxury property rents rose 10.6% in Q3
This reversed two consecutive quarters of decline.
Daily Markets Briefing: STI up 0.34%
DBS led the gains amongst top active stocks with a 1.26% rise.
Strain on hiring to extend until end-2019: MAS
Wage growth is also likely to contract in the next two years.
Daily Briefing: KrisEnergy divests 30% stake in Indonesia O&G block; Reefknot makes maiden investment in AI-firm PROWLER.io
And India-based startup Livspace invests $40.82m to expand in Singapore and APAC.
Frasers Hospitality Trust's Q4 NPI up 2.3% to $30.03m
Thanks to improved portfolio performance.
Ascott REIT cancels $150m perpetual securities
Payment of the redemption price took effect on 29 October.
Job-hopping banking tech talents could command up to 15% raise
They are in hot demand as the city prepares to grant virtual bank licenses.
CDL Hospitality Trusts' NPI down 1.5% to $35.67m in Q3
It was hit by lower income in the Maldives and Japan markets.
Singaporeans' average binge-watch time beats global average
Singaporeans spend two hours and 58 minutes binge-watching, 18 minutes longer than the global average.
Ascott REIT's profits up 1% to $65.05m in Q3
This was due to lower revenue from the sale of Ascott Raffles Place Singapore.
Yanlord's UEL takeover at risk of tepid shareholder response
The offer price of $2.60 apiece is lower than the latter’s closing price of $2.62.
Raffles Medical Group profits down 15.8% to $13.64m in Q3
Gestation losses from Raffles Hospital Chongqing dragged down profits.
Chart of the Day: RCR condo prices up 6.3% in Q3
This was boosted by new launches and the government sharing plans for GSW.
Daily Markets Briefing: STI up 0.36%
SGX led the gains amongst top active stocks with a 2.37% rise.
Daily Briefing: Cost blamed for slow take-up of electric cars; Analytics startup Milieu Insight bags $3.27m pre-Series A funding
And fintech startup InstaReM rebrands to Nium.
CRCT's NPI up 11.9% to $41.1m in Q3
Portfolio-wide investments and better operational cash flows boosted income.
How GoBear expanded beyond financial comparison
It plans to enter partnerships to develop bespoke insurance solutions.
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