News
Daily Markets Briefing: STI up 1.24%
Daily Markets Briefing: STI up 1.24%
Singtel saw the biggest jump amongst top active stocks with a 2.59% rise.
Sembcorp unit begins legal proceedings against Hin Leong for gasoil reserves
The court has ordered to restrain Hin Leong’s affiliate from moving the reserves.
Singtel units secure $4.17b in credit facilities
One of its subsidiaries signed a three-year $2.5b revolving credit with 13 banks.
Airlines struggle to tap into debt capital markets: SIA
Concerns were raised over SIA’s proposed $8.8b issue of share rights to raise cash.
Fashion takes over sharing economy: Clothing rentals gain popularity
Since 2015, a number of clothing rental services have sprung up in Singapore’s retail scene.
Chart of the Day: Auction listings dipped 3.5% in Q1
Its success rate further sunk to an all-time low since 2011 at 0.4%.
Daily Markets Briefing: STI down 0.95%
SGX saw the sharpest decline amongst top active stocks with a 5.12% fall.
Daily Briefing: Razer's mask production line starts operations; Insurtech Axinan clinches Series A+ funding
And fund management firm Sistema Asia ties up with Russia’s state fund.
STB unveils $20m marketing programme for tourism firms
It aims to support marketing costs and award funding boosters to companies.
Mapletree Logistics Trust's NPI rose 12.6% to $438.54m in FY2020
Existing properties posted higher revenues.
Retail property prices dipped 3.1% in Q1: URA
The island-wide vacancy rate widened to 8%.
Office prices down 4% in Q1: URA
The amount of occupied office space fell 7,000 sqm.
Private home prices slipped 1% in Q1: URA
Both landed and non-landed properties saw declines.
Grab introduces non-emergency transport service
More than 250 driver-partners rostered for the 24-hour service.
SGX's profits up 38% to $137.48m in Q3
Revenues from equities, FICC and data, connectivity and indices operations rose.
HDB resale prices remained flat in Q1
There have been a few major price fluctuations, even as volumes continue to fall.
Consumer spending growth may lag at 1.8% in 2020
Spending behaviour continues to show drastic changes.
Commentary
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform