News

Land bank redevelopment will aid MIT's net asset value: analyst

It will increase portfolio GFA and drive medium-term growth in distributions.

Unemployment rate may widen to 3.6% by end-2020: analyst

Firms are expected to shed more headcount to bring down manpower costs.

MIT's NPI up 10.5% to $318.06m in FY2020

Its DPU inched up 0.7% to 12.24 cents.

Chart of the Day: Check out the top five property transactions in Q1

Residential GLS sites dominated property transactions in the city.

Daily Markets Briefing: STI up 1.24%

Singtel saw the biggest jump amongst top active stocks with a 2.59% rise.

Sembcorp unit begins legal proceedings against Hin Leong for gasoil reserves

The court has ordered to restrain Hin Leong’s affiliate from moving the reserves.

Singtel units secure $4.17b in credit facilities

One of its subsidiaries signed a three-year $2.5b revolving credit with 13 banks.

Airlines struggle to tap into debt capital markets: SIA

Concerns were raised over SIA’s proposed $8.8b issue of share rights to raise cash.

Fashion takes over sharing economy: Clothing rentals gain popularity

Since 2015, a number of clothing rental services have sprung up in Singapore’s retail scene.

Chart of the Day: Auction listings dipped 3.5% in Q1

Its success rate further sunk to an all-time low since 2011 at 0.4%.

Daily Markets Briefing: STI down 0.95%

SGX saw the sharpest decline amongst top active stocks with a 5.12% fall.

STB unveils $20m marketing programme for tourism firms

It aims to support marketing costs and award funding boosters to companies.