News
Household spending growth weakens as consumers focus on essentials
Household spending growth weakens as consumers focus on essentials
Purchases are concentrated on food and health products.
Condo rents slipped 0.9% in July
Rents in the CCR and OCR fell.
OCBC, Amundi float dollar cost averaging fund in Singapore
It leverages the cost-averaging effect when it allocates assets to equity ETFs.
Ascendas Reit launches $7b Euro medium term securities programme
It will finance or refinance the trust’s acquisitions and/or investments.
Wilmar's profit jumped 49.8% to $839.92m in H1
Interim tax exempt (one-tier) dividend for H1 is at $0.04 apiece.
Koufu Group's profits plunged 82% to $2.54m in H1
Its outlet and mall management segment saw lower fixed and variable rental income.
Court moves UWG's deadline to put Hyflux under judicial management
This follows after the High Court granted UWG's application to be carved out of the moratorium.
Daily Markets Briefing: STI down 0.05%
Keppel Corporation saw the sharpest decline amongst top active stocks with a 11.11% contraction.
Chart of the Day: Rental volume in private homes down 10% to 19,506 units in Q2
A bulk of it are renewals since new foreign expats were not able to enter Singapore.
Daily Briefing: Start-up QIQ aims to roll out shared electric microcars; Incomlend raises $27.47m series A led by Sequoia
And over 6,000 of SIA Group's staff have taken no-pay leave since March.
Singapore's luxury non-landed home sales plummet 52.9% to S$659.2m in 1H20
Prime landed home sales also declined 23.1% to S$1b.
SGX to roll out 13 equity futures
These will be launched in August and September.
Securities daily average value up 15% to $1.2b in July
Equity market activity remained higher than a year earlier but moderated from a strong June.
SCI, Sembmarine shareholders approve demerger deal
With the three resolutions approved, the right issue may now proceed.
LREIT's NPI down 53.3% to $7.51m from IPO forecast
It posted lower revenue on the back of lower rental income from 313@somerset.
AA REIT to acquire site at Jurong Innovation District for $129.6m
Upon completion, rental contribution from master leases is slated to rise from 30.3% to 36.4%.
Singapore's life insurance sales sink 13% in H1
Movement restrictions led to a 25% drop in annual premium business.
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