News
Frasers Logistics & Industrial Trust's NPI up 23.2% to $186.7m for FY2019
Frasers Logistics & Industrial Trust's NPI up 23.2% to $186.7m for FY2019
This was boosted by contributions from new acquisitions in Europe and Australia.
MAS, Bank Indonesia extend US$10b bilateral financial agreement
The deal allows the two banks to access foreign liquidity from each other.
SIA profits soared 67.9% to $94m in Q2
A rise in profits from associates and joint ventures fuelled its growth.
Five REITs raised $940m in new units in October
$560m were raised in placements and $380m in rights issues.
SIA Engineering profits up 11.6% to $87.6 in H1
Higher airframe and line maintenance revenue drove growth.
Chart of the Day: Private condo prices up 3.1% in January-September
This is already higher than the projected increase by end-2019.
Daily Markets Briefing: STI up 0.38%
YZJ Shipbuilding led the gains amongst top active stocks with a 7.29% leap.
Daily Briefing: Fintech Nium snubs digital banking licence; Travel wallet YouTrip expands to Thailand
And a former StanChart engineer returns to firm as data analytics head in Singapore.
Net formation of businesses down in January-September 2019
There were fewer firms formed in the logistics, business services and construction sectors.
Neonatal care firm Child Health Imprints secures $3.26m funding
They plan to expand their manufacturing base in South Korea.
PMI edges up 0.1 point to 49.6 in October
The reading was attributed to a boost in factory outputs.
Sector weakness looms over aviation firms
Profits of SATS, SIA Engineering, and ST Engineering are expected to register declines.
Telcos' net institutional inflows surged to $55.9m over 5G roll-out
The sector reversed September’s outflow of $41.4m.
Changi Airport Runway 2 to close temporarily
The airport will operate with Runways 1 and 3 starting October 2020.
Spaze Ventures launches ESG-backed edtech accelerator
It will provide early-stage edtech startups with up to $500,000.
SGQR to be rolled out across 1,000 vending machines by 2020
FOMO Pay tied up with fintech D’Cube concepts for the initiative.
CapitaLand profits down 7.8% to $333.93m in Q3
The absence of gains from divesting Westgate to CMT dragged down profits.
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