News
Condo, HDB rents rise in October
Condo, HDB rents rise in October
Results across regions, room-types a mixed bag for both markets.
ARA, Chelsfield acquire $385.8m green loan for 5One Central
The green loan came from DBS and UOB.
Frasers Property profits sink 66.4% in FY2020
Revenues dip 5.1% to $3.6b.
Daily Briefing: Singapore may receive first batch of COVID vaccine in early 2021; NTU to invent 'electronic nose' to check meat freshness
And new DOSM for Holiday Inn Singapore Atrium.
Daily Markets Briefing: STI up 3.67%
SIA led the gains amongst top active stocks with a 13.99% climb.
Chart of the Day: Condo resale median TOX remains unchanged in October
District 11 had the highest median TOX at $9,000.
Real estate data firm SRX to integrate with 99 Group
All SRX employees will be retained.
Ascendas Reit buys 2 San Francisco office properties for $768m
The properties will be leased to Stripe and Pinterest.
GIC, Cinven acquire London-based insurance broker Miller
Miller places more than $3.5b worth of premiums annually.
FIs called to review security controls against tech-related risks
They are asked to improve oversight of third-party vendors and review risk profiles.
$6.8m Digital Resilience Bonus bolsters food services and retail industry
The DRB payouts are used to support the digitalisation of SMEs.
KK Fund launches new partnership with IGPI Singapore
This collaboration will help large corporations establish new businesses in Southeast Asia.
Yangzijiang wins $267m contract for five container ships
An additional five option orders of 3,500TEU container ships was part of the agreement.
Singapore stocks rally amidst US elections: SGX
The possibility of trade tensions abating boosted investor sentiment.
Daily Briefing: Manufacturing sector job openings double to 6,370 in mid-October; MOM offers one-time vaccination for migrant workers
And B2B sales productivity startup Nektar.ai raises $2.89m.
Daily Markets Briefing: STI up 1.19%
DBS led the gains amongst top active stocks with a 2.05% leap.
MAS launches $35m funding for data reporting digitisation
It will co-fund up to 30% of expenses for the adoption of digital solutions.
Commentary
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform