News

Overhang over Frasers Commercial Trust's inability to fill gap HP left may recede: analyst

This is if Google is indeed moving into the 400,000 sqft space at Alexandra Technopark.

Morgan Stanley beefs up Asian wealth team

It will hire 50 RMs in Hong Kong and Singapore over the next three years.

Manulife arms its agents with personal websites in bid to enhance customer relations

Digital Stars will allow customers to pick agents of their choice.

Bottoms up: The worst is over for ThaiBev

After 13 months of negative growth, beer production rose in the last few months of 2018.

Chart of the Day: S-REITs maintain strong gains in January

Lippo Malls Indonesia Retail Trust recorded a return of 18.1%.

Daily Markets Briefing: STI down 0.45%

Investors were optimistic about easing trade tensions.

Ministry of Law to introduce new laws on copyright and commissioned work

Creators will be given a new right to be attributed as the creator of the works regardless of whether they still own the copyright.

More firms embrace flexible work arrangements: MoM report

Proportion of firms offering at least one formal FWA increased by 3% to 53% in 2018.

Singapore non-oil domestic exports dropped 8.5% in December 2018

It was dragged by the 11.2% decrease in the electronics segment.

Over half of Singapore's workforce unsatisfied with their current job: report

Healthcare workers were ranked as the most motivated and less stressed.

Government urged to introduce tiered tax concessions for firms that enhance cyber resilience

KPMG says in its Budget 2019 wishlist that it may encourage corporations to develop their risk management, vigilance and governance for cyber attacks.

Chart of the Day: iEdge SG All Healthcare Index hit -3.3% return in 2018

The top performing constituent is Top Glove which saw its returns hit 40.6% in 2018. This chart from the Singapore Exchange (SGX) shows that the iEdge SG All Healthcare Index saw a total return of -3.3%. This is compared to the total returns of -6.5% for the Straits Times Index (STI), -3.2% for the MSCI Asia Pacific Health Care Index, and -16.5% for the MSCI Asia Pacific ex-Japan Health Care Index. According to SGX, the five best-performing constituents of the iEdge SG All Healthcare Index include Top Glove Corp (+40.6%), Camsing Healthcare (+19.5%), Aoxin Q & M Dental (+10.5%), Pharmesis Intl (+8.7%), and Riverstone Holdings (+7.9%). In 2018, SGX noted that the five healthcare plays have averaged a total return of +8.6%, bringing their three-year and five-year total returns to -3.5% and +63.3%, respectively.

Daily Markets Briefing: STI up 0.52%

Wall Street's gains could buoy local sentiment.