News
Netlink cashes in on Singapore's 5G bid: analyst
Netlink cashes in on Singapore's 5G bid: analyst
Even without being a spectrum holder, Netlink can still enjoy growth in its fibre backhaul business.
Keppel DC REIT raised $242.8m from oversubscribed preferential offering
Proceeds will be used for Keppel DC Singapore 4 and 1-Net North Data Centre acquisitions.
Chart of the Day: Food inflation averaged 2.2% in 10 years
This is due to Singapore’s food inputs being largely imported from various markets.
Daily Briefing: District 21 GCB put up for auction at $23m; Personalised skincare startup Yours scores $4.83m seed funding
And Golden Gate Ventures leads the pre-Series A round of an Indonesian workforce startup.
Daily Markets Briefing: STI down 0.67%
YZJ Shipbuilding saw the sharpest decline amongst top active stocks with a 2.63% fall.
Singapore dislodges US as world's most competitive economy
It ranked first in infrastructure, health, and labour, but could still improve in innovation.
StarHub to provide data centre services in AirTrunk tie-up
The data centre in Loyang will offer 24/7 connectivity services.
Bus and train fares to rise by 7% from December 28
This will boost the annual revenue of public transport operators by $132.5m.
SGD could weaken to 1.4 per USD by end-year: DBS
The currency is affected by heightening macroeconomic uncertainties.
ARA Private Funds inked $635.82m total real estate deals in H1
It will sign over $960m in additional pipeline assets by end-2019.
Daily Markets Briefing: STI up 0.37%
UOB led the gains amongst top active stocks with a 0.87% rise.
Daily Briefing: Property portal 99.co forms JV with Australia's REA Group; Amazon expands local online store in Singapore
And NTUC FairPrice has launched 30 housebrand products.
Chart of the Day: F&B firms ride on strong earnings growth despite mounting costs
The average net profit of listed F&B companies grew 5.3% in 2018.
Sembcorp and EMA award university grant to develop Singapore's first virtual power plant
It will act as a single utility-scale power station.
Private condo resales down 1.5% to 743 units in September
On a YoY basis, transaction volumes rose 8.5%.
Singapore Poultry Hub receives $40m loan to set up smart factory
It aims to boost the hub’s productivity and capacity by 26% and 70% respectively.
Top five non-REITs in Small Cap Index averaged total return of 36.5% YTD
Indofood Agri Resources leads the pack with a total return of 71.7%.
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Commentary
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