News
Chart of the Day: Almost 20,000 HDB units per annum to hit MOP in 2020 onwards
Chart of the Day: Almost 20,000 HDB units per annum to hit MOP in 2020 onwards
Stable prices in the resale market may drive upgraders to buy a bigger home.
New private home sales plunged 53.1% in December to 538 units: URA
Developers held back launches as buyers stayed quiet during the holidays.
MIT buys 10 data centres in North America for $750.1m
Its portfolio now has a total of 27 data centres in the said continent.
Exits loom for new telco players amidst 5G roll-out
TPG is tipped to record losses.
Singapore businesses remain hesitant to outsource recruitment
Many organisations only outsource for specific projects or urgent hiring.
Condo rents down 0.9% in December
CCR and OCR condo rents declined 1.7% and 1.1%, respectively.
Singtel's Bharti Airtel closes qualified institutions placement at $8.43 per share
The fundraising was made ahead of paying $6.62b dues to the Indian government.
Venture Corp to have a stable 2020 as Phase 1 deal commences: analyst
The firm has been receiving enquiries regarding new projects outside China. Venture Corporation’s profits will likely benefit from the signing of the Phase One deal, where the US looks to cancel tariffs that were due to come into effect in December 2019, according to a note by CGS CIMB.
Daily Markets Briefing: STI up 0.6%
ThaiBev saw the sharpest decline amongst top active stocks with a 3.37% contraction.
Chart of the Day: Average home sizes could grow to 920 sqft in 2021
Buyers may likely adopt a wait-and-see approach.
Daily Briefing: Capital markets platform iSTOX bags $6.7m funding; Luxury homes Van Holland sells 10 in 69 units
And food waste tech startup Lumitics clinches $750,490 in seed funding.
Grade A office rents to see slowest growth in four years
Rents are tipped to grow by only 1% YoY in 2020.
Condo resale prices rose 1.7% in 2019
The OCR posted the sharpest growth in prices at 2.3%.
SATS bags 25-year cargo terminal concession in Saudi Arabia
The cargo terminal will handle 600,000 tonnes of cargo annually.
Singapore's container throughput rose 1.6% to 37.2 million TEUs in 2019
The Port of Singapore handled 626.2 million tonnes of cargo.
Logistics firm ESR, GIC sets up $673.3m JV to establish logistics facilities in China
The JV will develop state-of-the-art logistics facilities in key cities in China.
SPH profits fell 17.2% to $46.33m in Q1
The decline was led by lower advertisement revenues.
Commentary
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Section 13O, MAS, and the digital footprint of Singapore Family Offices
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RIE2030’s real test: Turning innovation into impact
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