News
Big three banks' wealth income expanded 18% in FY2019
Big three banks' wealth income expanded 18% in FY2019
Wealth made up 31% of OCBC and UOB’s total income.
Daily Markets Briefing: STI up 0.18%
YZJ Shipbuilding saw the sharpest decline amongst top active stocks with a 2.72% contraction.
Chart of the Day: Singaporean investors favoured office properties in 2019
It outsped industrial and logistics assets in investment value.
Daily Briefing: About 14,000 hawkers to get rental fees waived; NEA introduces Deposit Refund Scheme for beverage containers
And logistics startup Moovaz raised an undisclosed series A funding from SC Angels.
Hyflux to reallocate advisor fees after WongPartnership exit
It initially planned to satisfy at least 75% of SIAS’ advisor fees.
S-REITs' income hit by virus crisis
Commercial properties suffer as consumers hold back from shopping and eating outside.
Manufacturing output hits five-year low in February
The electronic sector PMI also dipped to its lowest level in eight years.
Singapore banks amongst most vulnerable in SEA to COVID-19 impact
Their exposure to Chinese banks poses a threat.
United Hampshire US REIT eyes raising $547.3m from IPO
The REIT offers a price of $1.12 per unit.
Singapore's cybersecurity performance weakened in 2019
Nearly one in 10 mobile phones were infected with malware.
MOM raises EP minimum qualifying salary to $3,900 per month
The new salary criteria will apply to new EP applicants from 1 May 2020.
EHT to implement property manager changes in Q2
The property management of its three Denver assets will consolidate.
MTI to bolster initiatives for firms' overseas expansion
They will extend the Double Tax Deduction Scheme and launch the Grow Digital initiative.
Government to set up regulatory sandbox for agri-food farms
This is expected to help the government review more regulations for AFIP tenants.
Maximum investment under Startup SG Equity Scheme doubles
Startups under the scheme can now get up to $8m.
URA closes tenders for sites at Canberra Drive and Fernvale Lane
A Canberra Drive site got the highest bid of $644 psf ppr from Oasis Development.
Chart of the Day: New home sales to fall between 7,000-8,000 in 2020
Prices are expected to stabilise with a 0%-1% growth.
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