News
Daily Briefing: DPM Tharman urges Singapore to keep social mobility; Grab app glitch made all rides $6 regardless of destination
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.
Daily Markets Briefing: STI up 0.02%
Expect muted gains today.
Chart of the Day: Singapore's property returns poised to beat that of US and UK
However, it lags behind Australia and Hong Kong.
M1's profit down 5.3% to $34.4m in Q3
Revenue from international call services dropped 20.7% to $9.8m.
Diversified ventures could uplift Mapletree Industrial Trust
Its acquisitions and developments supported the 1.5% YoY growth in its H1 DPU.
Temasek upsizes retail bond offer to $300m
The $100m issue size increase brings the total offering to $500m.
Frasers Centrepoint Trust NPI fell 4.9% to $32.88m in Q4
DPU slipped 3.6% to $0.286.
Mapletree Industrial Trust NPI dipped 0.1% to $70.59m in Q2
DPU inched up 0.3% to $0.301.
Singtel's share price could get a boost from associate's climbing contributions
The TPG-Vodafone merger and StarHub’s spending are also likely to minimise market competition.
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Commentary
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform