News
SGX RegCo sets guidelines for holding annual general meetings
SGX RegCo sets guidelines for holding annual general meetings
Issuers are advised to use a video link and segregate attendees across various venues.
66 filed proofs of claims against Hyflux worth $3.13b
About a third of the amount came from preference shares and perpetual securities.
Daily Briefing: Singapore's aviation hub status left in limbo amidst COVID-19; Cruise passenger traffic down 52%
And marketing tech company AnyMind Group has acquired India’s POKKT Mobile Ads.
Chart of the day: Average rents in City Hall, Marina Center fell 12% from 2014 peak
Average rents in the area have been on a downturn since 2010.
Daily Markets Briefing: STI down 1.18%
SGX led the gains amongst top active stocks with a 2.08% expansion.
Singapore, Hong Kong, Osaka hailed world's costliest cities for expats
Asian cities continue to have the most expensive groceries.
Sasseur REIT malls re-open with 129% surge in sales
The first-day sales of its Bishan outlet mall soared 228% to $390,910.
S-REITs' stock price plunges 22.4% from January peak
The price carnage mimics the movements seen during the GFC.
Singapore dethrones Hong Kong as freest economy in the world
Citizens of free countries are said to enjoy incomes more than double the global average.
Genting Singapore cuts pay for directors and managers
Non-executive directors will see a 15% reduction in fees.
OCBC's growth dampened as US Fed cuts rate
NIM forecast has been slashed to 1.68% as NPL ratio could rise to 1.9%.
Hyflux to hold scheme meeting on 22 April
An individual from EY Corporate Advisors will act as the chairperson of the meeting.
Singapore leads Asia on overseas recruitment
Skill shortage remains a driving force for expatriate-hiring.
SIA halves capacity
They also stated that further capacity cuts are underway.
Daily Markets Briefing: STI down 1.65%
DBS saw the sharpest decline amongst top active stocks with a 3.12% contraction.
Chart of the Day: Mortgagee sales value jumped 25.3% to $38.5m in 2019
The average ticket size of mortgagee sales almost doubled that of 2018.
Daily Briefing: Government to provide $600m in payouts to employers; Trade Minister assures ample supply amidst Malaysia travel ban
And new private home sales skyrocketed 114.3% to 975 units in February.
Commentary
Why Singapore businesses must focus on outvaluing, not just upskilling
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform