News

Top 3 S-REITs' returns hit 26.9% in 2019

Top 3 S-REITs' returns hit 26.9% in 2019

These trusts also collected a combined market cap of over $20b.

Great Eastern's profit climbed 36% to $1b in FY2019

Profit from its shareholders’ fund surged 266% to $277m from higher valuation.

NODX tipped to drop 1% in 2020

It could worsen if the COVID-19 outbreak becomes more widespread.

Salary raise for new hires to climb 5-10% in 2020

Companies are expected to be less receptive to salary negotiation.

Daily Briefing: SIA slashes flights; AI firm Eureka bags $27.8m in Series B round

And software company Credify has raised $1.39m in seed funding.

Daily Markets Briefing: STI down 0.51%

Singtel saw the sharpest decline amongst top active stocks with a 1.25% contraction.

Singapore to invest $800m in fight against COVID-19

A bulk of this allocation will go to the country’s health ministry.

Budget deficit hit $1.7b in FY 2019

This translates to 0.3% of the GDP.

Souring Vietnam sentiments on beer may hit ThaiBev

The country’s new anti-drunk driving law took its toll on Sabeco’s beer volumes.

Three proposals submitted for 5G rollout

IMDA expects to award the spectrum by mid-2020.

SIA Group's January load factor up 1.4ppt to 84.5%

The year-end holidays boosted the PLF of all of its airlines.

Daily Markets Briefing: STI down 0.22%

ComfortDelGro saw the sharpest decline amongst top active stocks with a 4.13% contraction.

Chart of the Day: Share of posh shophouses sold declined in 2019

Higher-priced units may not appeal to buyers with shorter investment horizons.

StarHub and M1 submit joint bid for 5G license

This follows an earlier announcement last January 23.