News
Daily Briefing: Far East Orchard acquires three British student dorms for $73m; Mobile app Tigerhall raises US$1.8m in seed funding
Daily Briefing: Far East Orchard acquires three British student dorms for $73m; Mobile app Tigerhall raises US$1.8m in seed funding
And personal data of over 800,000 blood donors leaked.
Daily Markets Briefing: STI up 0.07%
Expect muted gains today.
Chart of the Day: Construction sector employment shrinks by 7,100 in 2018
This was attributed to a moderation in the decline in Work Permit Holders.
SIA passenger load factor up 0.3ppt to 81.2% in February
Passenger carriage rose 8.8%, slightly outpacing capacity injection of 8.3%.
Developer sales jumped 18.5% to 455 units in February
50.8% of the sales were in the Outside Central Region.
PropNex calls to suspend stamp duty for HDB upgraders
The 12% stamp duty adds to homebuyers’ burden of 20% CPF and cash home payment, it said.
Crypto exchange platform Quoine found liable for reversing bitcoin trades: court
B2C2 will claim damages from breach of contract and breach of trust.
Singapore unemployment rate dropped to 2.9% in 2018
Residents made up 66% of the retrenchments in 2018, slightly lower than their share of employment at 67%.
Singapore and Malaysia suspend overlapping port limits off Tuas waters
They will revert the limits placed on 25 October and 6 December 2018.
Oxley accepts $1.03b offer for Chevron House
A US-based real estate fund filed an expression of interest for the property.
Over $600m of wage credits to benefit 90,000 Singapore employers
About 70% will be disbursed to SMEs.
Keppel Infrastructure Trust raises placement and preferential offering proceeds by 11% to $500.8m
It cited strong demand from investors.
Daily Markets Briefing: STI up 0.07%
Don’t expect gains today.
Daily Briefing: Ofo gets more time to remove bicycles; SC Capital Partners buys Rivervale Mall for $230m
And a Finnish startup hub and VC firm launch a 200-set coworking space in Queenstown.
Chart of the Day: Top 10 water infrastructure plays hit average returns of 25% in March
SIIC Environment saw the highest return of 34.5% in March YTD.
CapitaLand's Tampines Mall could face rental pressures from upcoming Jewel Changi
Jewel’s opening on April could lead to shopper traffic being diverted from other malls in the eastern region.
Online hiring activity in IT and telecom sectors jumped 23% in 2018
The sectors had witnessed its steepest growth in November 2018.
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