News
STI falls 10% from peak over trade tension woes
STI falls 10% from peak over trade tension woes
Analysts also see more headwinds for Singapore due to interest rates.
Singapore's inflation rate rose to 0.4% in May
This was due to a faster pace of price increases across all the major categories.
Dalvey Court in District 10 up for en bloc sale at $160m
It can be redeveloped into a medium-rise project next to White House Park good class bungalow areas.
Starhub to drop Discovery channels over price disagreement
The cable company will introduce a lineup of seven new channels by 3 July instead.
Singapore's overseas real estate investment jumped 35% to US$19.9b
Most of the capital was directed to the US, Australia, and the UK.
Changi Airport passenger traffic jumped 5.8% to 5.29 million in May
China led the gains at 12% with 550,000 passenger movements.
ARA Asset Management takes over $1.4b Cache Logistics Trust
The REIT will tap into ARA’s Asia Pacific network.
JLL and Lendlease launch proptech accelerator
Qualified startups stand to receive $20,000 grant.
Chart of the Day: M&A targeting Singapore companies plunged to 5-year low at US$4.3b
Alibaba's purchase of shares in Lazada boosted it by US$2b.
Daily Markets Briefing: STI down 0.38%
Expect muted gains.
Daily Briefing: Trump Kim summit cost Singapore $16.3m; Mahathir revives disputed water supply agreement
And here are the six parties who submitted tenders for a Sengkang Central site.
Sembcorp to build rooftop solar systems for 848 HDB blocks
Construction will begin Q3 of 2018.
Here are two events that will boost Singapore spending
Grocers could expect a kick in sales from snacks and takeaway foods.
Singapore businessmen eye North Korean investments
Some businessmen received invitations for a delegation in North Korea a day after the Kim-Trump summit.
CITIC Envirotech wins $515m ecological restoration contract in Sichuan
It will restore 20 million sqm of land across 36 towns.
2 in 5 millennials want to buy multiple homes
They want their second home for investment purposes.
Global risks to bolster SGX trading volume
Securities average daily value could hit $1.2b in 2018.
Commentary
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform