News
Residential property prices rise in Q3 as investors reposition assets
Residential property prices rise in Q3 as investors reposition assets
Long-term investors, wealthy buyers may be looking at properties amidst flight from riskier assets.
Prices of office space inch up 2.2% in Q3
But rental prices slipped 4.5%.
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.
Daily Briefing: STB, Airbnb Experiences unveil virtual tourism platform; Startup Cavago aims to be the Airbnb for horse-riding community
And Costa Rican firm OMNi aims to bring electric motorcycle-sharing to SG.
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.
Daily Briefing: Dalio grants $33.95m to train asset managers. policymakers; How SGInnovate will further support deep tech
And COE prices close mixed in latest bidding exercise.
Commentary
The great Singapore family business transition: Why legacy companies are choosing sales over succession
Why SG60 must mark a cybersecurity turning point
What the global financial crisis can teach Singapore about decision-making today
Singapore is ready for EVs, but the industry needs to catch up
Navigating public–private collaboration in Singapore’s health tech and life sciences landscape