News
Chart of the Day: Clothing and footwear spending to expand 4.9% by 2024
Chart of the Day: Clothing and footwear spending to expand 4.9% by 2024
Each Singaporean is expected to spend $928 yearly on apparel in 2020.
Inflation down 0.1% in February
Falling costs of airfares and holiday expenses dropped.
OUE CREIT launches $2b multicurrency debt issuance programme
Proceeds may be used partly for refinancing the trust’s borrowings.
DBS provides $178.09m sustainable loan to HK listed REIT
Proceeds will be used for general corporate funding purposes.
Investment banking fee revenue down 58.7% to $134m in Q1
Advisory fees for M&A deals plunged 80.4% YoY to $16.04m.
3 in 4 firms seek a second support package
Defraying wage costs and tax rebates were the most sought-out subsidies.
Tiong Seng bags $227.5m contract to build Tan Quee Lan apartment
The two 30-storey apartment blocks will house over 500 units.
MOH limits entry of work pass holders for needed services
It has shut entry of short-term visitors partly to conserve resources.
SIA cuts 96% of capacity until end-April
It saw a fall in passenger revenue as demand for air travel collapsed.
Chart of the Day: Local buyers account for 78% of home deals in 2019
About 78% of transactions were those with known resident status.
Daily Markets Briefing: STI up 4.32%
SGX led the gains amongst top active stocks with a 7.57% expansion.
Daily Briefing: MAS launches $86.6b swap facility with US Fed; Singapore, New Zealand to maintain open supply chains amidst virus outbreak
And Scoot has temporarily suspended flights to 49 destinations.
Chart of the Day: Condos with $1-1.5m price tags ruled sales in 2019
The units accounted for 38% to 47% of sales for the year.
Daily Markets Briefing: STI down 4.73%
OCBC Bank saw the sharpest decline amongst top active stocks with a 4.83% contraction.
Singapore unveils transition roadmap for new interest rate benchmark
SORA will replace the current key benchmark by end-2021.
BreadTalk seeks approval to waive breach of $100m notes
It would like to change the Consolidated Tangible Net Worth covenant to not less than $50m.
MAS fines accounting firm for anti-money laundering lapses
The firm failed to vet transactions at risk for money laundering and terrorism financing.
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