News

Changi Airport to give tenants 50% rental rebates

The rebates will be available to over 500 retail and F&B stores.

Prime US REIT to raise $168.04m from private placement

This will fund its acquisition in California.

UOB's net profits up 8% to $4.32b in FY2019

A final dividend of $0.55 and a special dividend of $0.20 was as recommended.

Singapore trails New Zealand in ease of doing business

It had the best environment for enforcing contracts.

DBS to give abridged Q1, Q3 financial disclosures

These updates will supplement the half-year and full-year reports.

UOB to launch digital bank in Indonesia

TMRW is on track to be marginal profit positive in five years.

ComfortDelGro tops up rental rebates by $10m

Its cabbies will receive a daily rebate of $16.50 until March, and $10 in April.

OCBC's net profits up 34% to $1.24b in Q4 2019

Core net profit leapt 10% to $4.9b in FY 2019.

OUE profits soared to $255.22m in FY2019

Its profits were boosted by contributions by Gemdale Properties and Investment.

Household income inequality fell to eight-year low in 2019

Median household income rose 1.4% to $9,425 in 2019.

Chart of the Day: District 8 leads shophouse sales in 2019

These shophouses may have been popular to investors given its development potential.

Daily Markets Briefing: STI down 0.47%

YZJ Shipbuilding saw the sharpest decline amongst top active stocks with a 1.97% contraction.

Three in five employees expect raise by year-end

Some employers may try to meet the younger generations’ expectations to retain talent.

Nearly half of businesses to give out 3% raises in 2020

But employees stated that salary hikes and compensation will not make them stay.