News
Electronics exports to improve in 2020
Electronics exports to improve in 2020
MAS is expected to maintain a slight appreciation bias for the $NEER in April.
MNACT's NPI plummets 40% to $50.78m in Q3
The closing of Festival Walk for repairs dragged down its profits.
Olam restructures into two new operating groups
This will allow investors to participate in two diverse themes via carve-outs or IPO listing.
Keppel's Belgian unit to supply waste-to-energy plants in India
The facility will reduce the waste volume in landfills by over 90%.
Aqua Munda commits $208m to buy Hyflux's debts
It will also be used for funding the water treatment firm’s capital requirements.
Daily Briefing: GIC to invest in Central Retail's IPO; Nomura to hire private bankers in Singapore amidst wealth management push
And Singapore Tourism Board taps on halal travel boom.
Daily Markets Briefing: STI up 0.09%
Singtel saw the sharpest decline amongst top active stocks with a 0.9% fall.
Chart of the Day: Occupancy rates of private industrial spaces remained flat in Q3
Single-user factories and business parks posted the highest climb at 0.3 ppt.
MAS fines investor $200,000 for non-disclosure of shareholding interests
This is the first civil penalty action for such breaches of the SFA.
UAE firm Utico is ‘willing to walk away' from deal with Hyflux: report
The deal is said to have left about 34,000 retail investors in the lurch.
Changi Airport T2 multi-year expansion to begin by late January
The revamped terminal will include more greenery interiors and self-service travel options.
Temasek eyes increasing stake in WeWork China
This will push WeWork China’s valuation to around $1.35b.
LTA opens sandbox licence applications for bike-sharing services
Applications can be submitted until 24 February.
Golf time between developers results in lower land bids: study
Winning bids fall by as much as 14% after informal interactions at the golf course.
Guocoland's Q2 earnings up three-fold to $32.4m
Higher sales from its premium residential property boosted the earnings.
NODX reversed decline with 2.4% growth in December
Non-electronic NODX growth sped up to 11.5%, boosted by non-monetary gold.
Pan Ocean invests $182.86m in medium-range tankers
The first vessel is expected to be delivered on 30 June 2021.
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Commentary
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