News

City Developments extends rental relief measures

Tenants will receive more than 2.8 months of gross rental rebates in total.

SGX and CITIC Securities to develop bond and risk management products

It caters to international participants who are looking to invest in China’s bond market.

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.