News
REITs defy downturn on tight office supply
REITs defy downturn on tight office supply
CapitaLand, Keppel, and Suntec only have 5% to 1.5% office NLA due for renewals in H2.
MAS forms committee to oversee transition from SOR to SORA
The transition was made given USD LIBOR's likely discontinuation.
Commercial DC rates to climb 1.7% after September review: URA
A 7% increase was recorded in Tampines Road, Ang Mo Kio, and Upper Bukit Timah.
Banks' loan growth slows to 0.2% in July
Consumer loans shrunk 0.1%.
Hotel DC rates largely unchanged for the next six months: URA
This follows a 45.6% hike on the revision last March.
SembMarine bags contracts worth $400m
This includes building jacket foundations for Taiwan's largest offshore wind farm.
Daily Markets Briefing: STI up 0.8%
DBS led the gains amongst top active stocks with a 1.2% climb.
Chart of the Day: Business parks' vacancy rate eases to 14% in Q2
This was due to stable demand and lack of new supply.
Daily Briefing: Two strata-retail units for sale at $13.5m; New VC launched to invest in agri-food startups
And Clearbridge Health acquires nine dental clinics for $3.3m.
Sun Venture secures $455m loan to buy 71 Robinson Road
It will also be used for investments to improve its environmental footprint.
Choa Chu Kang Waterworks equips world's largest ceramic membrane
The membrane can treat up to 40 million gallons of raw water per day.
62% of customer experience interactions failed to be productive: report
A “wow” remains elusive from hard-to-please Singaporeans.
Five highest-yielding stocks hit average dividend yield of 7.1%
Hutchison Port Holdings Trust has the highest dividend yield at 9.6%.
UOB to issue 1.625% covered bonds for $694.76m
The covered bonds will be issued as the seventh series of the US$8b Global Covered Bond Programme.
Singapore's Asian outbound capital fell 37% to $7.92b in H1
The decline could be seasonal as investors are typically more active in H2.
Hong Kong's property investment in Singapore hits $1.9b in H1
Key transactions include Gaw Capital’s purchase of Robinson 77 for $710m.
Childhood vaccination to be subsidised in CHAS general practitioner clinics
Subsidies will be available in both polyclinics and CHAS clinics by end-2020.
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