News
OUE C-REIT to buy OUE Downtown offices for $908m
OUE C-REIT to buy OUE Downtown offices for $908m
They will issue 1.29 billion units to partially fund the acquisition.
Private condo resale prices down 0.2% in August
Overall price index slipped for the first time since July 2017.
Business optimism moderates by 1.39 ppt in Q4
It was hit by trade war woes.
TPG's launch delay brings reprieve to rattled telco incumbents
Players have more time to prepare themselves for fierce competition.
Small construction players likely to suffer more amidst property curbs
Firms are also hit by the rising interest rates for debt.
Daily Markets Briefing: STI down 0.43%
Expect muted gains today.
Chart of the Day: Hotel occupancy rates rose 1.4ppt to 86.4% in July
RevPar inched up 3.2% to $188.
Daily Briefing: Taxis and private-hire car operators can discuss courier services with LTA; Banks on the lookout for product developers
And Singapore’s first fully smart residential project lures 9,000 crowd at preview.
MinLaw unveils bill to update insolvency and debt restructuring laws
It proposes a new regulatory regime for said schemes.
VERS may need involvement of private developers: Lawrence Wong
More flats are expected be eligible to VERS compared to SERS.
Daily average value of SGX securities slipped 5% to $1.12b in August
Total market capitalisation value of SGX-listed firms hit $970.24b.
Flexible workspaces grew 44% to 680,000 sqft in 2017
Seven big operators now hold 63% of the market.
ST Engineering's 2018 order wins hit $3b
It was buoyed by the $479m contract for Jet Airways.
216-unit Fernwood Towers up for en bloc sale at $688m
It can be redeveloped into a condo project of 590 units.
Singapore falls prey to malicious URLs
There were 7.1 million clicks on malicious links in Singapore, nearly beating 7.4 million in Indonesia.
SPH buys 14 UK student accommodation buildings for $321m
They have a total capacity of 3,426 beds.
Daily Markets Briefing: STI down 0.42%
The escalating trade tensions paired with Wall Street's weakness could mute gains today.
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