News

Chart of the Day: Industrial supply pipeline 40-50% lower than past years' averages

There are approximately 7.6 million sqft per annum in the pipeline until 2022.

Daily Markets Briefing: STI down 0.38%

JHM USD led the gains amongst top active stocks with a 1.25% rise.

Greater Southern Waterfront to spur massive gains for MCT

Majority of MCT’s portfolio is within the HarbourFront Area, including its crown jewel VivoCity.

Olam secures $2.09b debt refinancing

It consists of three tranches including a 364-day revolving credit facility of $832.69m.

Proceeds from REIT share sales hit all-time high of $3.1b

Increasing investor demand is pushing REITs on a fundrasing spree.

CapitaLand Treasury issues $500m perpetual notes

Listing of the notes is expected to take place on 18 October.

SPH profits dropped 23.4% to $213.21m in FY2019

This was due to falling print advertisement and circulation revenue.

Keppel Corp profits crashed 29.7% to $159.28m in Q3

Pre-tax profit from its property division nearly halved to $123m amidst lack of divestment gains.

Property investment sales up 33.8% to $8b in Q3

Public investments surged thanks to more sales under the Government Land Sales programme.

SGX to launch $1.5b multicurrency debt issuance programme

The net proceeds will be utilised to finance investments of the firms and its subsidiaries.

IMDA calls proposals for rolling out 5G

Two MNOs will be picked to deploy a 3.5GHz spectrum band.

Daily Markets Briefing: STI down 0.27%

CityDev led the gains amongst top active stocks and rose 5.16%.

Chart of the Day: CBD office supply could hit 4.6 million sqft in 4 years

New offices in the Marina Bay Area are expected to boost supply.

GlobalTix launches single e-ticket for all tourist spots

Tourists will just need to scan a QR code to get their ticket.