News

S-REITs double equity offerings for 2019 with $6.1b raised so far

Ascendas REIT’s $1.3b rights issue will be the largest to date upon completion.

Property investments hit $10.2b as investors target tight office supply

The city recorded its lowest volume of office supply in a decade.

Time to embrace sustainability in the fashion industry

Greenhouse gas emissions from the apparel industry is expected to increase to 49% in the next decade.

DBS to adopt risk management framework The Equator Principles

This will allow it to test its funded projects according to environmental and social standards.

Frasers Property profits fall 25% to $569m in FY2019 over Australia woes

The company’s Singapore and Australian projects reported lower contributions.

NODX decline widens to 12.3% in October

Total trade and exports have dropped.

Deliveroo to offer reimbursements to e-scooter riders for new vehicles

Riders will get up to $600 for a new bicycle and up to $1,000 for a PAB or PMD.

Tiong Seng secures $125m green loan from OCBC, DBS

It will be used to build green buildings and generate renewable energy.

Daily Markets Briefing: STI up 0.22%

YZJ Shipbuilding led the gains amongst top active stocks with a 3.1% rise. The Straits Times Index ended 7.01 or 0.22% higher at 3,238.86. The top active stocks were United Engineers, which dipped0.37%, SingTel, which slipped 3.64%, DBS, which grew 0.23%, YZJ Shipbuilding, which expanded 3.1%, and Wilmar International with a 2% rise. The FTSE Mid Cap inched up 0.36% whilst the FTSE Small Cap rose 0.67%.  

Chart of the Day: Mainland Chinese made up 18.8% of NPR home buyers in Q3

They bought 10 more units in Q3 compared to the previous quarter.

StarHub wins internet speed race: report

Its internet service is 35-60% faster than its peers, according to IMDA.

Private home sales crashed 26.9% to 928 units in October

The absence of major launches outside CCR dragged down sales volume.

UBS fined $11.2m for deceptive practices by advisors

They did not inform the clients of higher spread or improved interbank price of bonds.

Golden Agri Resources back in the black with $1.09m profit in Q3

But weak prices of commodities continued to drag on earnings.