News

Condo rents down 0.9% in December

CCR and OCR condo rents declined 1.7% and 1.1%, respectively.

Singtel's Bharti Airtel closes qualified institutions placement at $8.43 per share

The fundraising was made ahead of paying $6.62b dues to the Indian government.

Venture Corp to have a stable 2020 as Phase 1 deal commences: analyst

The firm has been receiving enquiries regarding new projects outside China. Venture Corporation’s profits will likely benefit from the signing of the Phase One deal, where the US looks to cancel tariffs that were due to come into effect in December 2019, according to a note by CGS CIMB.

Daily Markets Briefing: STI up 0.6%

ThaiBev saw the sharpest decline amongst top active stocks with a 3.37% contraction.

Grade A office rents to see slowest growth in four years

Rents are tipped to grow by only 1% YoY in 2020.

Condo resale prices rose 1.7% in 2019

The OCR posted the sharpest growth in prices at 2.3%.

SATS bags 25-year cargo terminal concession in Saudi Arabia

The cargo terminal will handle 600,000 tonnes of cargo annually.

Singapore's container throughput rose 1.6% to 37.2 million TEUs in 2019

The Port of Singapore handled 626.2 million tonnes of cargo.

Logistics firm ESR, GIC sets up $673.3m JV to establish logistics facilities in China

The JV will develop state-of-the-art logistics facilities in key cities in China.

SPH profits fell 17.2% to $46.33m in Q1

The decline was led by lower advertisement revenues.

Hyflux's Utico deal plagued by woes from P&P holders

Some P&P holders intend to vote against the deal as concerns on financial obligations arise, said SIAS.

Daily Markets Briefing: STI down 0.15%

DBS led the gains amongst top active stocks with a 0.39% expansion.

Chart of the Day: Chinese buyers dominate foreigner home sales in 2019

5.2% of home sales in January-November came from foreigners and PRs from China.