News
Olam to sell real estate assets of California plant for $150m
Olam to sell real estate assets of California plant for $150m
Olam and Mesirow have entered into a tiered revenue sharing agreement for 25 years.
Daily Markets Briefing: STI down 0.15%
UOB saw the sharpest decline amongst top active stocks with a 0.68% fall.
Chart of the Day: Posh condo units bought by foreigners rose 3ppt to 12%
Condos bought by foreigners surged 46.7% to 361 units.
Daily Briefing: Payments platform 2C2P raises $71m funding; Regtech Tookitaki bags $16m in Series A round
And travel-tech Travel Prologue partners Vietnam’s VLeisure to bring B2B services.
Inflation rate for October slows down to 0.4%
Cheaper electricity costs dragged on headline inflation.
UOL group buys nine-storey commercial building for $79.3m
The company plans to fuse it with its own commercial towers.
ThaiBev's profits jumped 33% to $1.18b in FY 2019
Profits of its spirits business rose 10.4% to $883.28m.
Over 2 in 5 MSMEs reject fintechs over data privacy concerns
But over half have already adopted fintech services into their operations.
Procurri greenlights $156.8m deal for maintenance business
Global IT company Park Place Technologies eyes Procurri’s third party maintenance business.
CDLHT and Ascott Reit to gain from divestments to Liang Court developers: analyst
W Hotel, which CDLHT traded for, has a RevPAR of $318 per night.
Ezion to dispose stake in two companies by 30 November
The decision was made to cut operational costs.
Daily Markets Briefing: STI up 1.17%
YZJ Shipbuilding led the gains amongst top active stocks with a 2.51% growth.
Chart of the Day: Tiny condo units took up 80% of new sales in Q3
The percentage of units smaller than 500 sqft climbed to 15.1%.
92% of investors wary of firms using misleading accounting: survey
3 in 10 singled this out as the factor that would reduce their chances of investing in a firm.
Industrial REITs lead Q3 NPI growth amongst S-REITs
ESR-REIT’s NPI doubled from its merger with Viva.
Bharti's tariff hikes in India could be boon for Singtel
This is expected to counter the telco’s weakening performance of its Singapore and Australia operations.
CDL Hospitality Trust buys two hotels for $799m
This move is part of its Liang Court Site redevelopment plans.
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