News
Ascott REIT's 2018 profits rose 5% to $239.36m
Ascott REIT's 2018 profits rose 5% to $239.36m
The growth was driven by higher revenue from its Ascott Orchard Singapore buy and existing properties.
CDL Hospitality Trust's NPI dipped 3.8% to $146.05m in 2018
It blamed the absence of contribution from two divested Australian hotels.
Singapore bank loans grind to a halt at 0.5% in 2019
Total loans and advances fell to 2.8% in November 2018 from October's 3.4%.
Changi passenger traffic rose 5.5% to 65.6 million in 2018
The airport was busiest on 21 December when a new record of 221,155 passengers passed through its terminals.
M1's profits slipped 6% to $130.7m in 2018
It blamed higher costs associated to customer retention, repair and maintenance expenses.
Daily Briefing: Singapore hit by another massive cyberattack in HIV data leak; Facebook to set up election monitoring centre in Singapore
And here's why e-commerce startup Zilingo may be moving into offline retail.
Chart of the Day: Check out the top performers of the FTSE Small Cap Index in 2018
Their average ROE hit 34% whilst returns stood at 61.5% in 2018.
Daily Markets Briefing: STI down 0.09%
Investors turned cautious after disappointing corporate earnings.
Completed condo prices up 0.1% in December
Condo prices in the Central region edged up 0.2%.
Derivatives to account for half of SGX's group revenue in 2019: analyst
It’s set to haul $444m in revenue as rattled investors continue to seek risk management solutions.
Frasers Logistics & Industrial Trust Q1 NPI jumped 46.5% to $48.93m
The firm's Australian and European buys drove the income boost.
SGX mulls tougher auditing rules to intensify oversight
They propose to require a second auditor apart from the existing statutory for certain circumstances.
Keppel beefs up Chinese footholds as cooling measures dim Singapore prospects
Of the 4,440 homes it sold in FY18, half were in China.
Keppel arm to sell 70% stake in Vietnam for $136m
The funds will be used to pursue other opportunities in Vietnam.
Oxley to sell Dublin Landings residential units for $271.01m
The property comprises of 268 residential units with external common areas and 210 parking spaces.
Daily Markets Briefing: STI up 0.36%
OCBC led the gains as it rose 0.53%.
Daily Briefing: Hyflux assures investors of its commitment to ‘fair' restructuring plan; GBCI kicks off $135.25m smart city development fund
And newly-opened incubator Design Orchard features emerging local brands.
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