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Genting Singapore will likely recover in H2: analysts
Genting Singapore will likely recover in H2: analysts
The firm still has an attractive valuation relative to regional gaming peers.
Industrial property rents continue to ease in H2
Factory, warehouse, and logistics properties saw a drop in average monthly gross rents for the period.
Retail rents tipped to remain flat in 2020
Easing of new supply pipeline in 2020-2024 could buoy rents.
Most traded healthcare stocks averaged total returns of 36.2% YTD
Medtecs Internartional came out top with a 197% surge in total returns.
Genting Singapore 2019 profits dipped 9% to $688.6m
Its EBITDA fell 3% YoY to $1.19b.
Singtel's Q3 profit dropped 24% to $627.2m
It was blamed on weakness in the enterprise business and lower exceptional gains.
Budget 2020 to include economic package to counter COVID-19
The package aims to help workers stay in their jobs.
Grab to launch GrabCare transport service for healthcare workers
The service will start running on 14 February to hospitals NCID and TTSH.
DBS Group's profits up 14% to $6.39b in 2019
A 17% growth in fee income boosted total income in Q4.
Would Singapore be able to move past its contracting economy?
It is expected to attract more FDIs, according to Tricor Group CEO Lennard Yong.
Chart of the Day: Shophouse sales fell 29.8% to 118
Shophouse owners were unwilling to cut their asking prices due to limited supply.
Daily Markets Briefing: STI up 1.51%
OCBC Bank led the gains amongst top active stocks with a 2.32% expansion.
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.
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