News
Suntec REIT NPI dipped 7.6% to $58.1m in Q1
Suntec REIT NPI dipped 7.6% to $58.1m in Q1
Lower revenue from Suntec Singapore and 177 Pacific Highway dragged on earnings.
Daily Markets Briefing: STI up 0.27%
Don't expect gains today.
Chart of the day: Top consumer staples stocks reverse 2018 decline as YTD returns hit 12.9%
Indofood Agri Resources' returns hit 46.6%.
Daily Briefing: Singapore unveils plans to build 50-hectare train testing centre; AI sales assistant firm startup Saleswhale raises US$5.3m
And new-gen integrated development Funan obtained its TOP.
ComfortDelGro buys Australian bus operator for $27m
The latest acquisition follows the $182.5m (A$190.9m) purchase of the Buslink Group.
Singtel inks deal with Go-Jek to cross-market offers to customers and driver-partners
Go-Jek drivers who subscribe to a Singtel Combo plan can enjoy data-free usage via the ride-hailing app.
ST Engineering bags $2.6b polar security cutter contract from US Navy
The first ship will be delivered in 2024.
Grab to add HOOQ, Agoda and Booking.com to its super app
Its new services will be available to all users by June.
Changi Airport passenger movements grew 4% to 16.4 million in Q1
Passenger movements in China, Japan, and North Asia led the growth and offset the declines from Southeast Asia.
CapitaLand Mall Trust NPI rose 11.5% to $140.1m in Q1
The increase was due to the completion of the acquisition of the balance 70% of the units in Infinity Mall Trust.
Frasers Centrepoint Trust NPI grew 4.8% to $36.44m in Q2
The 24.6% NPI growth at Changi City Point drove up earnings.
Tuas Terminal to rev up mega port operations progressively starting 2021
The port will be capable of handling up to 65 million TEUs per annum.
OUE sells entire equity stake in Nuvest Capital for $1m
Its stake represents 33% of the issued share capital of the firm.
Daily Markets Briefing: STI down 0.13%
Expect muted gains today.
Chart of the Day: Institutional inflows to IT sector hits $100.5m in Q1
Its institutional inflow is the second-highest after REITs at $242.6m.
March inflation disappoints market expectations: analysts
Transport prices continued its deflationary trend for the last nine months.
Automation threatens one in three finance jobs: study
Remisiers, traders, and investment performance analysts are some of the jobs that could get hit by automation.
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Commentary
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform