News
Daily Briefing: Grab launches pilot motorbike hailing in Malaysia; Bus services firm SWAT closes $14m Series A round
Daily Briefing: Grab launches pilot motorbike hailing in Malaysia; Bus services firm SWAT closes $14m Series A round
And a development with two shophouses is for sale at $15m.
Weak occupancy to weigh on Frasers Hospitality Trust's Australian assets
A surge in supply caused a decline in occupancy and room rates in the market.
Top 50 listed-stocks' average total return outpaces STI at 21% YTD
Combined net institutional inflows reached $1.3b.
OCBC unfazed by potential Chinese entry to Singapore's digital banking market
New entrants will face high regulatory costs.
Olam to sell real estate assets of California plant for $150m
Olam and Mesirow have entered into a tiered revenue sharing agreement for 25 years.
Daily Markets Briefing: STI down 0.15%
UOB saw the sharpest decline amongst top active stocks with a 0.68% fall.
Chart of the Day: Posh condo units bought by foreigners rose 3ppt to 12%
Condos bought by foreigners surged 46.7% to 361 units.
Daily Briefing: Payments platform 2C2P raises $71m funding; Regtech Tookitaki bags $16m in Series A round
And travel-tech Travel Prologue partners Vietnam’s VLeisure to bring B2B services.
Inflation rate for October slows down to 0.4%
Cheaper electricity costs dragged on headline inflation.
UOL group buys nine-storey commercial building for $79.3m
The company plans to fuse it with its own commercial towers.
ThaiBev's profits jumped 33% to $1.18b in FY 2019
Profits of its spirits business rose 10.4% to $883.28m.
Over 2 in 5 MSMEs reject fintechs over data privacy concerns
But over half have already adopted fintech services into their operations.
Procurri greenlights $156.8m deal for maintenance business
Global IT company Park Place Technologies eyes Procurri’s third party maintenance business.
CDLHT and Ascott Reit to gain from divestments to Liang Court developers: analyst
W Hotel, which CDLHT traded for, has a RevPAR of $318 per night.
Ezion to dispose stake in two companies by 30 November
The decision was made to cut operational costs.
Daily Markets Briefing: STI up 1.17%
YZJ Shipbuilding led the gains amongst top active stocks with a 2.51% growth.
Chart of the Day: Tiny condo units took up 80% of new sales in Q3
The percentage of units smaller than 500 sqft climbed to 15.1%.
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Commentary
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