News
Chart of the Day: Tourism arrivals to drop by 28% in 2020
Chart of the Day: Tourism arrivals to drop by 28% in 2020
Singapore hotels are bearing the brunt of the plunging tourism growth.
OCBC Bank to adopt Singapore Customs' eBG programme
Application and delivery time of banker’s guarantee will now only take one day.
RAS calls out lack of rental rebates for F&B businesses
It cited CapitaLand which only offered a 10% rebate instead of the promised 50%.
HDB awards $98.7m contract to Chip Eng Seng
The work includes the construction of six blocks at Tampines Neighbourhood.
DBS closes first trade finance deal on TFP worth $4.8m
SMEs can access trade finance solutions from different banks in a single platform.
Samsung Hub's Level 11 strata office space sold for $3,800 psf
This is the highest psf price for a CBD office in the last five years.
UOL's net profit grew 14% to $478.82m in FY2019
Full-year profit growth was attributed to a higher attributable fair value.
ESR-REIT enters $200m unsecured loan facility
It comprises a $150m term loan facility and a $50m revolving loan facility.
Singtel, Nokia to jointly test 5G network slicing
It will provide customisable case uses in areas like cloud gaming and manufacturing.
MND revises condo DC rates downward by 0.2%
This is said to be reflective of the muted GLS bidding.
Aqua Munda extends tender, appoints non-executive director
The tender invitation period will close on 9 March.
Daily Briefing: Singapore urges Temasek, GIC to disclose more information; Grab launches accelerator programme in Vietnam
And Circles.Life cuts roles associated with non-priority projects.
Daily Markets Briefing: STI down 3.23%
Keppel Corp saw the sharpest decline amongst top active stocks with a 3.5% contraction.
Chart of the Day: Retail supply pipeline to drop to 280,000 sqft in 2020
Suburban and fringe areas are expected to account for the bulk of future retail supply.
Singapore banks' face slower loan growth in H1 2020
The big three banks’ are expecting lower loan growth for FY20F on the back of the outbreak.
Singapore a bright spot for bleak oil & gas industry: EY
The city is optimal for oil companies looking to set up streamlined trading functions.
Hyflux moves claims of proof deadline to 11 March
This is in connection to scheme meetings on the Utico deal.
Commentary
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform