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Daily Briefing: Singapore is unlikely tourist hotspot; Luxury home prices up 5.4%
Daily Briefing: Singapore is unlikely tourist hotspot; Luxury home prices up 5.4%
And here’s the deal on the slash in condo prices.
Younger consumers less likely to consult estate agents for property transactions: survey
Customer satisfaction slipped in 2016.
Private sector business conditions deteriorate sharply in April as foreign demand crumbles
Output expanded at the slowest pace in almost 2 years.
F&N rolls out $70m investment to boost capacity in Malaysia
It’s to build a new PET bottle, UHT line.
Banks' profits to slide further as higher loan loss provisions bite: Moody's
O&G loans will require higher allowances.
HDB resale volume hits record high in April while prices stay flat
Over 1,800 resale flats were transacted.
Manufacturing activity uptick in April likely a one-off blip, says DBS
There’s no improvement in demand.
Singapore breaks into world’s ten top countries for FDI
Thanks to its robust economy, educated talent pool.
Sembcorp Industries’ net profit crashes 24.7% to $107m
Utilities segment posted weak results.
Chart of the Day: Property investor sentiment plummets as rental yields slip
Over 6 out of 10 surveyors expect rents to fall further.
Daily Markets Briefing: STI down 1.36%
Expect muted gains today.
Daily Briefing: Construction of Tuas Terminal begins; New rules for transfer of flat ownership
And here’s the deal on the commercial property market.
Ultra-luxury home sales tick up as high-net worth investors flock back to Singapore
But the recovery may not be sustainable.
ARA Asset Management’s earnings jump 10% to $19.8m in Q1
Thanks to growth in all three of its segments.
OCBC suffers one-two punch from hefty Great Eastern losses, deteriorating O&G loans
GEH's net profit plunged 65%.
DBS shatters profit forecasts as higher interest rates boost loan yields
Wealth management income also ticked up.
Manufacturing PMI stays in the red despite uptick in April
Most major indicators remain in contraction.
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