News
Retail sales dropped 2.8% in 2019
Retail sales dropped 2.8% in 2019
Motor vehicle sales sharply fell 11%, the lowest in three years.
GIC buys LG Twin Towers in Beijing for over $1.6b
The asset comprises two Grade-A office towers and a retail podium.
DBS confirms one employee infected with COVID-19
It has evacuated staff from the affected floor.
JTC Corporation clinches $500m of deals with aerospace firms
New entrants are seeking to establish operations in Seletar Aerospace Park.
PDPC warns AXA Insurance, NTUC over data breaches
Policyholders' personal data were sent over emails to unintended recipients.
Malaysia Technology Excellence Awards 2020 is now open for nominations
Submission of entries ends on 22 May, Friday.
Condo rentals rose 0.9% in January
CCR rents saw the highest growth for the month.
HDB rents up 0.8% in January
Three-room flats saw the highest growth for the month.
Tiong Seng bags two home development contracts worth $123.9m
They will construct six 12-storey apartment blocks at the Hollandia site.
Singtel's Thai unit wins arbitration dispute
Thai state-owned TOT has previously ordered AIS for additional revenue share in roaming service.
Singapore remains top city for East Asian expats
This is its 15th year holding the crown.
Chart of the Day: Services sector layoffs rose to 7,100 in 2019
The yearly figure was boosted by 1,800 retrenchments in Q4.
Daily Markets Briefing: STI down 0.39%
SGX led the gains amongst top active stocks with a 2.96% expansion.
Daily briefing: Affirma Capital exits Eaton Towers investment; Validus' Vietnam unit partners with agri-food business
And retailers slash their business hours after Singapore raised its DORSCON level to orange.
Retail space vacancy rate hit 7.5 % in Q4
A pickup in malls’ leasing demand countered tha vacancies from the Somerset Subzone.
January SGX volume up 27% to $1.2b
Market turnover value of structured warrants and DLCs surged 94% MoM.
DBS expects $1.4b net profit for Q4 2019: analyst
Quarterly earnings report will be out by 13 February.
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