Singapore
Poll: 67% of Singapore and Hong Kong investors plan to invest in Chinese onshore bonds in 2019
Poll: 67% of Singapore and Hong Kong investors plan to invest in Chinese onshore bonds in 2019
Sentiment was driven by the upcoming Bloomberg Barclays Global Aggregate Index inclusion in April 2019.
Olam's FY2018 profits plummeted 40.1% to $347.87b
It had a large exceptional $149.4m gain recorded in 2017 primarily from the sale of its 50% stake in FEA.
CPFIS-included funds hammered by losses in Q42018
As of December 2018, CPFIS-included funds posted a negative return of 7.91% on average.
Daily Briefing: Singtel, Axiata team up to launch digital wallet in Malaysia; Fintech firm Rely scores undisclosed investment from a Singaporean family office
And healthcare company DocDoc secures investment from Hong Kong’s Cyberport Macro Fund (CMF).
Daily Markets Briefing: STI down 0.36%
Expect muted gains today.
Chart of the Day: Home resales could hit 9,000-10,000 in 2019
Due to the launch of 60 projects this year, buyers could seek new home sales over resales.
SGX derivatives break volume record with China futures
Derivatives' single-day volume hit 2,872,861 lots on 25 February.
UOL profits crashed 51% to $433.72m in FY2018
It was hit by lower development profits, which was offset by higher UOB dividend income.
Business receipts climbed 4.1% in Q4 2018
The infocomm segment’s business receipts led the growth and jumped 7.2%.
Bad loans haunt Singapore banks as asset quality risks mount
The non-performing loan formation of OCBC and UOB rose by 137bp and 94bp respectively in Q4.
JTC tenders Tampines North Drive site
Bids for the plot can be submitted until April 23.
Bumitama Agri's profits slipped 8% to $105,712.65 in 2018
It blamed weakening agriculture commodity prices and foreign exchange losses.
Co-living company Hmlet expands to Australia
One of the first purpose-built co-living properties in Australia will accommodate 20 members.
Keppel inks deal with Golar LNG for 30% stake in Gimi MS Corporation
Gimi MS will develop, construct and operate an FLNG facility on the Mauritania and Senegal maritime border.
Two freehold shophouses along Kampong Bahru Road for sale at $13m and $13.65m
The properties occupy a land area of 2,343 sqft with an estimated GFA of 5,947 sqft.
Impossible Foods to debut in Singapore
Their products will be offered in eight restaurants including Adrift, Bread Street Kitchen and CUT.
HSBC Singapore revamps branch network
This will include the revamp of its flagship Claymore branch.
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Solving the production problem behind Singapore’s ‘pilot purgatory’
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