News
Singapore hailed as top choice for post-pandemic travel
Singapore hailed as top choice for post-pandemic travel
More than half of locals believe that the Lion City is well-prepared to reopen tourism activities.
Daily Briefing: Singapore to widen range of visitors as tourism wanes; COE prices close higher across all categories
And Singapore-listed KS Energy CEO charged with market rigging offences.
Daily Markets Briefing: STI up 0.68%
Wilmar International led the gains amongst top active stocks with a 3.22% expansion.
Chart of the Day: HDB resale volume plunged 45.4% to 3,426 units in Q2
This also marks the lowest quarter sales on record since 2007.
Retail sales down 27.8% in June
Department stores saw the largest drop in sales.
MAS rolls out key schemes to bolster SORA adoption
It will issue SORA-based floating rate notes monthly, amongst other plans.
ARA US Hospitality Trust posts $2.02m net loss in H1
It suffered with a drop in hotel occupancies and temporary hotel closures.
OUE records $207.16m loss in H1
Weaker operating performance and the sale of US Bank Tower dragged it down.
SGX to roll out two REIT futures
Both futures are designed to allow broad distribution to US and global institutional investors.
Telstra sells data centre in Australia for $410.16m
The sale includes a triple-net lease-back arrangement.
Yanlord, GIC to co-invest in residential projects for up to $1.38b
Yanlord and GIC shall own effective interests of 51% and 49% in each project respectively.
SBR Management Excellence Awards 2020 is now accepting nominations
Deadline for entries is on 16 October 2020.
Total share buyback value plunges to $2.9m in July
The low level of buyback consideration coincided with a 2.3% decline in the STI.
Daily Markets Briefing: STI up 1.24%
AEM led the gains amongst top active stocks with a 14.48% expansion.
Chart of the Day: Office occupancy rate in the CBD down 1.5 ppt in Q2
The subzone recorded a negative net absorption of 463,000 sqft.
Daily Briefing: AirAsia to resume Malaysia-Singapore flights; Biotech startup Gero raises $3.02m in series A round
And e-learning marketplace ACKTEC secures undisclosed funding.
Utico grants deadline extension of RA acceptance for Hyflux
The UAE-based firm further reiterates that there are no other offers made available to them.
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Commentary
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform