News
Eagle Hospitality Trust lodges IPO prospectus
Eagle Hospitality Trust lodges IPO prospectus
It plans to float its initial portfolio of 18 hotels across the US worth US$1.27b.
Overall unemployment rate holds firm at 2.2% in March
The manufacturing sector continued to shed workers.
GuocoLand's profits fell 12% to $35.01m in Q3
Lower sales of completed condo units continued to drag on earnings.
Retail space prices down 1.9% in Q1: URA
Rentals of retail space also saw a decline of 0.2%.
Venture Corporation profits grew 8.6% to $90.87m in Q1
The broad-based growth in its technology domains and customer programme executions boosted earnings.
Office prices jumped 3% in Q1: URA
Total supply grew to 733,000 sqm gross floor area of office space in the pipeline.
Private home prices down 0.7% in Q1: URA
Prices of landed homes rose 1.1% and reversed the 1.1% decline of private condo prices.
HDB resale prices dipped 0.3% in Q1
Prices ranged from $250,000 for a 3-room flat in Toa Payoh to $720,000 for a 4-room flat in Queenstown.
CapitaLand Mall Trust's Funan hits 90% pre-leasing mark
The office portion has commitment rates of over 92% whilst the retail portion is slightly behind at 87%.
Hyflux gets one-month lifeline extension
It had asked the court to let it prolong its search for a rescue investor.
Far East Hospitality Trust's Q1 RevPAR could have slid 3% sans Oasia Hotel Downtown
Weaker corporate demand led to a soft quarter for Singapore RevPARs.
SGX net profit rose 2.8% to $99.7m in Q3
Its REITs sector contributed 20% of the overall securities daily average value in the quarter.
Daily Markets Briefing: STI down 0.36%
Don't expect gains today.
Chart of the day: Mobile service revenue could fall 6.5% in 2019
The slowdown in enterprise segment and pricing pressures would continue to drag on revenue.
Daily Briefing: Logistics properties developer GLP plans US$3b IPO; Healthtech startup Lifetrack Medical Systems nabs $5.2m in Series A funding
And LTA awarded contracts for 100 three-door double-deck buses.
Grab and Ninja Van tie up for regional logistics services
Ninja Van’s services will be available on the Grab app via GrabExpress in Q2 2019.
MAS irons out customer liability in updated e-payments guideline
Account holders are required to provide their contact details for notifications when transacting online.
Read Here
Advertise
Sign Up
Commentary
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform