News

STI's total returns hit 9.4% in 2019

STI's total returns hit 9.4% in 2019

Accumulated dividends boosted returns whilst weak Hong Kong stocks dragged the index.

GDP growth fell to 0.7% in 2019: MTI

Contraction under the manufacturing sector worsened to 1.5%.

V3 Group and EZ-Link-led consortium join digital banking race

BEYOND consortium has launched a bid for a digital full bank license with a focus on SMEs.

Buyback value plunged about 60% to $590m in 2019

OCBC led amongst stocks in December with a total buyback consideration of $26m.

PMI inched up 0.3 points to 50.1 in December

Whilst, PMI for the electronics sector contracted by 0.2 points.

Grab and Singtel team up for digital bank licence

Grab and Singtel will hold a 60% and 40% stake in the consortium, respectively.

Temasek, BlackRock form joint asset management venture in China

They will develop and distribute products for Chinese investors.

Daily Markets Briefing: STI down 0.07%

Singtel saw the sharpest decline amongst top active stocks with a 0.91% decline.

Chart of the Day: NPL ratio for housing to stay within 0.4%-0.5% in 2020-21

Mortgage rates are not expected to rise in the near future.

The rest of Central Region could be 2020's property hotspot

New launches in this region accounted for 47.5% of all new launches – despite it only occupying 15% of Singapore’s land area.

Investment banking fees hit record-breaking $1.17b in 2019

DBS Group clinched 11.8% or $138.79m of the total fee pool.

Here's how this architecture firm designs for the world's luxury hotels brands

Brands like Raffles even get BLINK Design Group to design their overseas properties.

Less than half of finance leaders report KPIs on company culture

Over seven in 10 have enough data to provide such insights to stakeholders.

Another investor steps in to buy Hyflux's debts for $1.8b

Eligible creditors may tender Aqua Munda’s offer from 30 December to 10 January 2020.

Cromwell European REIT sells 12 properties in Europe for $73m

The divestment is set to increase the company’s net asset value.