News

Logistics firm ESR, GIC sets up $673.3m JV to establish logistics facilities in China

The JV will develop state-of-the-art logistics facilities in key cities in China.

SPH profits fell 17.2% to $46.33m in Q1

The decline was led by lower advertisement revenues.

Hyflux's Utico deal plagued by woes from P&P holders

Some P&P holders intend to vote against the deal as concerns on financial obligations arise, said SIAS.

Daily Markets Briefing: STI down 0.15%

DBS led the gains amongst top active stocks with a 0.39% expansion.

Chart of the Day: Chinese buyers dominate foreigner home sales in 2019

5.2% of home sales in January-November came from foreigners and PRs from China.

Yanlord buys stakes in Shenzhen developers for $223.79m

It also disposed of a 5% interest in Hainan Yanlord Beautycrown.

Land prices drop 8-20% after developers turn cautious in GLS bid

Prices in the Bartley site dipped 20% compared to the latest land sale in the vicinity.

Retail sales dipped 4% to $3.6b in November

Motor vehicles and furniture & household equipment led the decline in sales.

Office spot rents likely to plateau in 2020

An influx of family offices could keep rental growth flat.

Daily Markets Briefing: STI up 0.14%

DBS led the gains amongst top active stocks with a 0.58% expansion.

IMDA moves deadline of 5G licence bids to 17 February

Mobile network operators reportedly asked for more time to submit proposals.

Ascendas REIT's next big buy may be a business park property in Singapore

The Galaxis (One North), The Ascent and 5SPD all present near-term opportunities for A-REIT.