News
City Developments buys UK freehold site for $27.5m
City Developments buys UK freehold site for $27.5m
It plans to develop a 664-unit build-to-rent residential project at the 193,752 sqft site.
URA launches Clementi Avenue 1 residential site for sale via public tender
The 16,542.7 sqm site can potentially yield 640 residential units.
More than half of Singapore's CFO are willing to hire ‘job hoppers': poll
Job hopping is more prevalent in the finance and accounting industry.
Half of Singapore and Hong Kong investors believe the economy will improve in the next three months: survey
However, a global recession is expected in H1 2020.
GIC helped crypto exchange Coinbase raise US$300m: report
The funding boosted Coinbase’s valuation to US$8b.
Singapore still waits for timing of 2% GST hike
It is still monitoring economic conditions as well as expenditure trends and revenue buoyancy.
Daily Briefing: Singapore dollar to strengthen amidst US-China trade truce; US-based hacker-powered security platform HackerOne expands to Singapore
And Singapore-based online luxury marketplace Reebonz faces Nasdaq delisting.
Chart of the Day: Singapore's big three banks' CET1 ratios hit 14% in 2018
DBS and OCBC’s CET1 ratios rose YoY, whilst UOB’s declined due to faster loan growth.
Daily Markets Briefing: STI down 1.15%
Don't expect gains today.
M1 to delist after Keppel buyout
Keppel and SPH now controls 91.15% of M1's shares.
Jardine Cycle & Carriage saw profits plunge by 55% to $566m in FY18
Non-current investments impacted the group’s profits.
Horrible bosses? 1 in 3 Singaporeans are not satisfied with work-life balance due to inflexible managers
For 73%, a work-life balance means no work on weekends, whilst for 69%, it meant being able to leave work on time everyday.
Poll: 67% of Singapore and Hong Kong investors plan to invest in Chinese onshore bonds in 2019
Sentiment was driven by the upcoming Bloomberg Barclays Global Aggregate Index inclusion in April 2019.
Olam's FY2018 profits plummeted 40.1% to $347.87b
It had a large exceptional $149.4m gain recorded in 2017 primarily from the sale of its 50% stake in FEA.
Daily Briefing: Singtel, Axiata team up to launch digital wallet in Malaysia; Fintech firm Rely scores undisclosed investment from a Singaporean family office
And healthcare company DocDoc secures investment from Hong Kong’s Cyberport Macro Fund (CMF).
Daily Markets Briefing: STI down 0.36%
Expect muted gains today.
Chart of the Day: Home resales could hit 9,000-10,000 in 2019
Due to the launch of 60 projects this year, buyers could seek new home sales over resales.
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