News

Retail property price rise 2.3%, rentals dip 4.5% in Q3

Stock retail space took a plunge from a previous increase.

MOF grants $810m in WSP to 470,000 lower-income Singaporean workers

Remaining $1,500 in WSP to be given out in October; additional 70,000 workers will receive $3,000.

MPA, partners to produce 1000 traineeships, attachments in the maritime sector

Opportunities are in automation, digitalisation and supply chain integration.

MAS bans ex-BSI Bank rep over $6.79m ‘secret profits' from 1MDB

Swampillai also made deliberate misrepresentations to 1MDB’s auditors.

Goldman Sachs to pay US$122 over 1MDB scandal

They will also pay US$2.3 billion to the US government.

Daily Markets Briefing: STI up 0.11%

Wilmar Intl led the gains amongst top active stocks with a 1.42% climb.

Most Singaporeans to immediately divest equities in market downturn

But they may have lost up to 18% of gains by jumping the gun.

Retail rents tipped to fall up to 15% in 2020

Rental gap between suburban malls and in Orchard will continue to narrow.

Keppel DC REIT NPI up 47.6% to $62.37m in Q3

DPU for the quarter is 2.357 cents, more than 22% higher than in Q3 2019.

NTU ranks 38th globally in 2020 US News & World Report university rankings

The university also placed first internationally in three subjects.

CapitaLand Mall Trust NPI down by 27.6% to $104.4m in Q3

However, DPU was 1.3% higher over the same period.

DBS pilots online tracker for cross-border corporate collections

Clients in Singapore and Hong Kong will be the first to try the service.

Daily Markets Briefing: STI down 0.12%

CityDev saw the sharpest decline amongst top active stocks with a 7.21% contraction.