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