News
Ascendas REIT NPI slipped 1% to $158.9m in Q2
Ascendas REIT NPI slipped 1% to $158.9m in Q2
The dip was caused by a one-off reversal of accrued operating expense last year.
UOB profits up 17% to $1.04b in Q3
Net interest income drove earnings up and sharply grew by 14% to $1.6b.
Uber's Lion City Rentals unveils 1-week car rentals
It is rebranding its services to attract more types of drivers.
Sembcorp Marine sank into a $29.76m loss in Q3
It blamed continued low overall business volume.
CapitaLand Commercial Trust NPI climbed 37.3% to $80.40m in Q3
Thanks to contributions from Asia Square Tower 2 and Gallileo which were acquired in November 2017 and June 2018.
CDL buys London office for $687m
It has a net lettable area of 329,200 sq ft with 26 floors.
Chart of the Day: Real estate investment sales crash 34.5% in Q3
The proportion of home investment sales contracted from 61.2% in Q2 to 34.4%.
Daily Markets Briefing: STI down 0.64%
Wall Street's recovery could uplift the local stocks today.
Daily Briefing: DPM Tharman urges Singapore to keep social mobility; Grab app glitch made all rides $6 regardless of destination
And Gilstead Mansion’s en bloc sale relaunch puts price lower by $3m.
STI plunges below 3,000 for first time since January 2017 amidst US tech equities sell-off
Growing concern over US consumer data privacy spooked investors.
Assets under management in Singapore climbed 19.3% to $3.3t in 2017
78% of AUM was sourced from outside in Singapore in 2017.
Industrial property prices down 1.1% in Q3
Rents also dipped 0.4%.
Changi passenger traffic up 6.1% to 5.23 million in September
Visitors from China and Japan boosted monthly volumes.
Grab inks prepaid card partnership with Mastercard
Customers can transact and top up their prepaid cards through any drivers and merchants.
CapitaLand Mall Trust NPI up 1.1% to $122.68m in Q3
DPU grew 5% to $0.292.
JustCo to open China Square Central space
It is slated for opening in Q4 2019.
Daily Briefing: NTUC Foodfare refutes management allegation; HSR delay unlikely to hurt Singapore-Malaysia ties
And Temasek joins US$1.25b funding for African telco.
Commentary
Bootstrapping in Singapore: How small startups can thrive without investors
How outdated financial solutions are fuelling the SME exodus
The role passwordless plays in securing Singapore’s digital future
Green shipping's future: Strategic partnership between public and private finance
The great Singapore family business transition: Why legacy companies are choosing sales over succession
Why SG60 must mark a cybersecurity turning point
What the global financial crisis can teach Singapore about decision-making today
Singapore is ready for EVs, but the industry needs to catch up
Navigating public–private collaboration in Singapore’s health tech and life sciences landscape