News

SGX urged to relook rules allowing Mainboard companies to transfer to Catalist

Increased transfers to Catalist could harm the liquidity and valuation of firms already listed on the board.

Daily Markets Briefing: STI up 1.22%

Gains on US stock markets could see positive local sentiment.

SPH's overseas assets to play a key role in boosting profits: analysts

Its first UK purpose built student accommodation contributed $6.3m to its profits.

New private home sales dropped 50.1% to 601 units in December 2018

Developers launched a mere 101 units in December compared to November’s 1,341.

Sultan Plaza to launch en bloc sale for $380m

The 244-unit development sits on a sizeable land area of approximately 52,471 sqft.

ST Engineering's marine arm clinched $560m worth of new contracts in Q4 2018

This includes a contract for the construction and maintenance of patrol boats for the Singapore Police Coast Guard.

Daily Markets Briefing: STI down 0.79%

Wall Street's weakness is set to dampen local sentiment.

Chart of the Day: Healthcare sector booked $39.7m of net inflows in H2 2018

The sector saw the highest net inflow in November with $10.5m.

Grab partners with CapitaLand for loyalty programme tie-up

Users’ GrabReward points can be converted into STAR$ and exchanged for CapitaVouchers.

MAS to launch $75m grant for Equity Market Singapore

It aims to boost Singapore’s role as an enterprise financing hub.

Oxley's $950m hotel divestment could see 4.7% gross yield: analyst

The deal may ease concerns on debt payment risks with its $450m retail bonds maturing in November 2019.

SPH profits down 6.3% to $57.9m in Q1

Its media segment's revenue fell 6.8% to $162.1m.