News
CapitaLand wins tender to operate Bugis Village and Bugis Street
CapitaLand wins tender to operate Bugis Village and Bugis Street
The award has an initial tenancy term of three years.
MAS, ACRA launches scheme to help fund managers cover investment funds
Fund managers can now incorporate or re-domicile VCCs online.
Hyflux applies for another debt moratorium extension
The hearing is scheduled on 29 January 2020.
Daily Markets Briefing: STI down 0.41%
OCBC Bank saw the sharpest decline amongst top active stocks with a 1.08% decline.
Daily Briefing: Local listings snub Singapore for Hong Kong; Impact investor IIX closes $12m Women's Livelihood Bond 2
And Bank of Singapore hires Nomura’s wealth management head.
Chart of the Day: Almost 20,000 HDB units per annum to hit MOP in 2020 onwards
Stable prices in the resale market may drive upgraders to buy a bigger home.
New private home sales plunged 53.1% in December to 538 units: URA
Developers held back launches as buyers stayed quiet during the holidays.
MIT buys 10 data centres in North America for $750.1m
Its portfolio now has a total of 27 data centres in the said continent.
Exits loom for new telco players amidst 5G roll-out
TPG is tipped to record losses.
Singapore businesses remain hesitant to outsource recruitment
Many organisations only outsource for specific projects or urgent hiring.
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.
Chart of the Day: Average home sizes could grow to 920 sqft in 2021
Buyers may likely adopt a wait-and-see approach.
Daily Briefing: Capital markets platform iSTOX bags $6.7m funding; Luxury homes Van Holland sells 10 in 69 units
And food waste tech startup Lumitics clinches $750,490 in seed funding.
Grade A office rents to see slowest growth in four years
Rents are tipped to grow by only 1% YoY in 2020.
Commentary
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform