News
Sembmarine's loss widens 76.8% to $52.62m in Q3
Sembmarine's loss widens 76.8% to $52.62m in Q3
Low business volume and costs from new rigs and floaters worsened its loss.
Central Bank of France to open first Asian office in Singapore
They aim to forge closer relations with APAC central banks and financial authorities.
Temasek eyes first euro-bond sale in four years
It may sell 12-year and 30-year benchmark notes.
Chart of the Day: CBD and city fringe offices rent gap to widen to 30% in 2023
City fringe rents are expected to grow 2.4% from 2019-2023.
Daily Markets Briefing: STI up 0.84%
United Engineers led the gains amongst top active stocks with a 1.89% rise.
Daily Briefing: Building management firm Smarten Spaces raised $16m in series A funding; Staffing platform Workmate secures $7.08 in funding round
And Hong Kong’s Plaza Premium Group expands to Changi Airport.
Yanlord hikes up cash offer in UE to $2.70 per share
It bought 6.15% in UE, increasing its stake to 41.42%.
Retail sales slid 2.2% to $3.5b in September
The motor vehicles industry recorded the largest decline as it crashed 12.3%.
Singaporeans' pay hike may moderate to 3% in 2020: study
Low inflation, tight labour supply and talent restrictions could keep salary high.
United Engineers' Q3 profits skyrocket tenfold to $84.84m
Bigger contributions from its property segments drove growth.
Condo resale prices up 0.8% in October
The priciest unit resold was from The Marq On Paterson Hill for $29.5m.
OCBC to enable PayNow fund transfers by January 2020
This will make Singapore the second country to launch a new version of Google Pay.
PayNow adopts SGQR specifications
Businesses no longer need to generate and display new QR codes for each transaction.
MCT raises $460.5m in oversubscribed preferential offering
It will be used for the acquisition of Mapletree Business City (Phase 2).
Chart of the Day: Prime retail rents remained flat in Q3
Orchard Road rents remained unchanged on the back of limited supply, which offset lower tourist spending.
Daily Briefing: Lending platform Lend East to raise $68.07m in debt; Alexis shop units for sale at $10m
And former Citi managing director joins Temasek’s Pavilion Energy.
Daily Markets Briefing: STI down 0.72%
Venture saw the sharpest decline amongst top active stocks with a 5.84% fall.
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