Singapore

It could be transformed into a mid-sized hotel development.

The increase was due to higher operating income and gains from asset recycling.

It will cut its securities settlement cycle from three to two days.

Rents for HDB three-rooms grew 1%.

Earnings per share grew 5% to $0.432.

Rental volumes fell 1.7% to 4,207 rented units.

It hopes to open dialogue on the benefits of fintech collaborations between Latin America and the Caribbean and ASEAN.

The upcoming introduction of the Singapore Variable Capital Company (S-VACC or VCC) is a significant event in Singapore’s asset management landscape. After a consultation process run by the Monetary Authority of Singapore (MAS), the VCC Bill was passed in Parliament on 1 October 2018. It is expected to come into effect in 2019 following the legislative process.

It blamed a 40% increase in jet fuel costs and share losses from Virgin Australia.

And Kent Ridge Hill Residences sell 46% of units in weekend launch.

Singtel could be an outlier as its EBITDA could expand through higher associate earnings and lower group digital life losses.

Wall Street's muted performance could keep the local sentiment cautious today.

Revenue from property development crashed 43% to $164.96m due to the completion of some projects.

It is geared towards PE and infrastructure fund managers that are deepening or establishing their Singapore presence.

Prices range from $87,000 for a two-room Flexi SBF unit to $472,000 for a five-room BTO flat.

Its $138m corporate venture fund and 4.3% fare hike effective December may boost revenue.