News
SPH REIT may spend up to $500m in acquisitions: report
SPH REIT may spend up to $500m in acquisitions: report
The expected portfolio expansion may add 5-8% to its FY2020-21 DPU.
UOB lowers interest rate for fixed deposits to 1.5% in Q3
Mortgage rates were also cut 20bp to about 2%.
PE fund Quadria Capital secures ING financing tied to sustainability performance
The $89.08m three-year revolving facility will peg its interest rate to ESG targets.
GDP growth up 0.1% in Q3: MTI estimates
Singapore narrowly escaped a technical recession.
MAS eases monetary policy ‘slightly' amidst subdued economic growth
There will be no change to the width of the policy band and the level at which it is centred.
This app aids in handling events from start to finish
Some of GEVME’s features include attendee tracking, lead generation tools and event apps.
Daily Markets Briefing: STI up 0.79%
YZJ Shipbuilding led the gains amongst top active stocks with a 3.74% rise.
Chart of the Day: Industrial upper storey rents may fall by 0.75% in Q3
Rents are largely expected to trend downwards due to weakening manufacturing and trade.
Daily Briefing: Q&M Dental Group sells 36% stake in China-based associate for $49m; NEU at Novena condo opens for preview
And UK-based startup Upgrade Pack expands to Singapore.
Retail sales down 1.3% to $3.6b in August
Auto sales saw the steepest decline with a 19.1% crash.
Dyson abandons electric car project: report
The firm said that it is no longer "commercially viable".
Four telcos too many for Singaporeans
About 58% felt that there are too many brands to choose from.
Majority of traders prefer online platforms over banks
Instead of financial institutions, online traders rely on family and friends for stock advice.
SGX daily average value fell 3% to $940m in September
Total equity index futures volume slipped 5% YoY to 14.2 million contracts.
Equinix, GIC finish $1.3b joint development of data centres
Six new facilities will be located all over Europe.
SPH REIT NPI up 8.3% to $179.8m in FY2019
This was due to higher contribution from the REIT’s properties.
Condo rents dipped 0.4% in September
The CCR saw the fastest decline in rents at 1.1% MoM.
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Commentary
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform