News
Extremely poor manufacturing data spell big trouble for Q2 GDP print
Don’t rule out a technical recession just yet.
It's all doom and gloom for struggling hospitality REITs
Overseas income won't pick up the domestic slack.
Raffles Med’s net profit up 2.3% to $16m in Q2
Thanks to higher patient load.
DBS Group’s net profit jumped 15% to $1.12b in Q2
Due to higher net interest income and fee income.
Chart of the Day: Island-wide retail vacancy rate climbed to record high in Q2
Vacancy rate jumped to 7.2%.
Daily Markets Briefing: STI down 0.1%
Expect more losses today.
Daily Briefing: Common scams to avoid; Blacklisted shipping firm denies arms link to N.Korea
And home prices fall at slower pace.
Motorcycles fall out of favour as cheap car COEs flood the market
Sales fell 30% in 2014.
Office rents suffered steepest decline in almost six years in Q2
Rents fell by 2.6%.
Industrial property rents, prices soften further in Q2
Blame it on the supply glut.
OSIM’s net profit crashed 24% to $22.5m in Q2
Blame it on weak sales.
Overall manufacturing output down 4.4% in June
This is the fifth straight month of contraction.
Tug-of-war over Myanmar Brewery continues as MEHL disputes F&N’s desired exchange rate
The sale must take place at the present rate, says MEHL.
CapitaCommercial Trust’s net property income up 3.6% to $53.9m in Q2
Thanks to higher occupancy in its portfolio.
HDB resale prices down for the 8th straight quarter in Q2
Resale prices fell by 0.4%.
Private residential prices slipped for the 7th consecutive quarter in Q2
Rents also continued to soften.
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Commentary
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