News
Daily Markets Briefing: STI up 0.6%
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.
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.
Daily Briefing: Singapore rolls out fuel price comparison site; Caregiving startup Homage caps off Series B funding
And Singapore-based multi-family office Golden Equator expands into Brunei.
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.
Yanlord buys stakes in Shenzhen developers for $223.79m
It also disposed of a 5% interest in Hainan Yanlord Beautycrown.
Land prices drop 8-20% after developers turn cautious in GLS bid
Prices in the Bartley site dipped 20% compared to the latest land sale in the vicinity.
Retail sales dipped 4% to $3.6b in November
Motor vehicles and furniture & household equipment led the decline in sales.
Office spot rents likely to plateau in 2020
An influx of family offices could keep rental growth flat.
Commentary
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform