News
Frasers Centrepoint Trust NPI down 1.1% to $34.6m in Q3
Frasers Centrepoint Trust NPI down 1.1% to $34.6m in Q3
The absence of property tax refund hit income.
Daily Briefing: TTG clinches $10.8m investment from UK-based Librae; Banking tech pay surge to nearly $100,000 annually amidst talent crunch
And SFA is actively promoting the fintech online platform APIX.
Daily Markets Briefing: STI up 0.47%
KeppelCorp led the gains with a 1.08% rise.
Chart of the Day: Total office supply in CBD to hit 3.3 million sqft by 2022
Marina Bay will account for most of its stock.
Inflation down to 1.2% in June
The fall was partially because of a steeper decline in electricity and gas prices.
Co-living operator Hmlet raised US$40m in Series B funding round
It will be used for further expansion in Singapore, Hong Kong, and Sydney.
Mapletree Logistics Trust NPI climbed 18.2% to $106.1m in Q1
The redevelopment of Mapletree Ouluo Logistics Park Phase 1 boosted income growth.
CapitaLand Mall Trust NPI up 10.9% to $273.25m in H1
The Westgate acquisition in November 2018 boosted half-year earnings.
Frasers Commercial Trust NPI slipped 3% to $19.75m in Q3
It was hit by higher property tax expense for Alexandra Technopark.
SATS profits could drop by up to 3% amidst weakening cargo volumes
That said, its food solutions division could ride on the 2020 Olympics.
A*STAR inks collaboration deals to develop digital solutions for smart cities
Surbana Jurong will incorporate technologies commercialised by A*STAR’s SME and startup licensees.
Daily Briefing: Cocoon Capital raises US$22m seed fund; Startup Trax becomes Singapore's second unicorn
And the number of babies born in Singapore fell to an eight-year low in 2018.
Daily Markets Briefing: STI down 0.61%
DBS is the top active stock as it fell 0.23%.
Chart of the Day: 3,415 hotel rooms expected to be completed from 2019-2022
This represents muted growth in supply at 4-year CAGR of 1.3%.
Fintech startup soCash raises $8.17m in Series B funding round
The funds will be used to expand into Malaysia, Indonesia, and Hong Kong.
Will Singapore ease monetary policy amidst Q2 surprise GDP slip?
An analyst believes the policy easing will come amidst shrinking growth and slowing inflation.
Keppel O&M on the cusp of recovery with $1.9b contract win YTD
It surpassed the $1.7b new orders secured during the whole of 2018.
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