News

Chart of the Day: See how many tourists arrived in Singapore within 10 years

Growth only stopped in 2014 when the key China market declined 24.1% due to curbs on shopping tours.

Mapletree Greater China Commercial Trust's full-year NPI up 3% to $214.29m

Revenue growth from Festival Walk, Gateway Plaza, and Sandhill Plaza boosted earnings.

Expect industrial rents to fall in 2018

Rents dipped 2.8% YoY in Q4, following a pattern of recent decline.

Keppel hit by $495m loss in Q4

Penalty costs from its bribery case pushed earnings down the drain.

Suntec REIT's office monthly rents fell to $8.03psf in 4Q2017

This was due to the renewal of two anchor tenants.

Singapore to add 5,500 PMET jobs annually until 2020

It also aims to add $31b to the industry's value.

Noble wins $3.5b debt restructuring deal

The plan reportedly will allow creditors to cash-in on shares from a debt-to-equity swap.

DBS wants more private bankers to tap Asia's ultra rich

It eyes boosting its current pool of 200 private bankers by 10-20%.

CapitaLand Mall Trust scrambles to lower rents to retain tenants

About 21% of its portfolio has an average reversion rate of -1.7%.

HDB issues 10-year fixed rate notes for $515m

The notes have a coupon of 2.32% per annum payable semi-annually.

Here's why an $8.5b hedge fund closed in Singapore

Truston Falcon Asia Fund declined 6% in the year through July 2017.

CapitaLand Commercial Trust's net property income dips 4% to $67.96m in Q4

Its divestment of One George Street, Golden Shoe Car Park, and Wilkie Edge dragged profits down.

Frasers Hospitality Trust's net property income up 3.1% to $31.45m in Q4

Gross profit from its Australian portfolio rose by 4.9%.