News

Hospitality REITs cash in on tourism high

Hospitality REITs cash in on tourism high

OUE Hospitality Trust posted the highest return in FY18 at 6.5%.

Chart of the Day: Utility stocks start strong with 17% average returns in 2019 YTD

The best performing stocks were China Jinjiang Environment and China Everbright Water.

Daily Markets Briefing: STI up 0.04%

Reignited US-China trade tension fears may dampen local sentiment.

COE premiums close mostly higher in February bidding exercise

Category A vehicle premiums dropped whilst the rest saw increases.

Singaporeans still prefer telco incumbents over disruptive upstarts: survey

Around 81% have decided to stick to their tried-and-tested providers for over two years.

Singapore banks shun risky trading over more stable fees and commissions

The share of trading and investment securities income shrunk to 36% in 2018 from 47% in 2009.

Singapore falls to 10th place in US Chamber International IP Index

Lack of transparency and high software piracy levels dragged the city’s headline score.

Chart of the Day: Hotel investments on the rise after flunking in 2016

2018 saw eight deals in the sector worth about $500m in total.

Daily Markets Briefing: STI up 0.5%

Trade war jitters will continue to weight on local sentiment.

Investments into niche assets hit 10-year high to $1b

Average deals for shophouses, medical suites, and nursing homes are at $6m.

Ministry of National Development to offer year round ROF exercise

Flat buyers can apply online anytime and book a flat by the next working day.

Share buybacks crashed 51.11% to $26.4m in January

OCBC led the buying spree with $13.89m shares bought back.

Singapore leads APAC's premier tech cities: report

This is on the back of its business and tech environment, and talent pool.

Local technology and banking hiring to persist in 2019

IT savvy employees are in hot demand due to technological disruptions across all industries.

HDB resale prices dropped 1.1% in January

Resale volume increased 8.8% to 1,560 flats.