News

Oxley's $950m hotel divestment could see 4.7% gross yield: analyst

The deal may ease concerns on debt payment risks with its $450m retail bonds maturing in November 2019.

SPH profits down 6.3% to $57.9m in Q1

Its media segment's revenue fell 6.8% to $162.1m.

Daily Markets Briefing: STI up 0.48%

Wall Street's weakness could spell a muted start for the local bourse today.

Retail sales slipped 3% YoY to $3.8b in November

Online retail sales made up an estimated 6.6% of the month's sales.

SATS dividend yield projected at 3.9%: analyst

Competition in the airline industry continues to place pricing pressure on the firm.

Singtel's Dash to expand mobile remittance services to Myanmar

Money transfers from Singapore to Myanmar through Dash will be available by March 2019.

Are Singapore banks bracing for another O&G nightmare amidst Coastal Oil troubles?

The indebted crude oil supplier owes the three Singapore banks a combined US$172.1m.

Oxley sells Mercure and Novotel Hotels for $950m

The hotels along Stevens Road house a combined 772 rooms.

Daily Markets Briefing: STI up 0.81%

Wall Street's rally could potentially see the local bourse continuing its five-day climbing streak.

En-bloc hopefuls struggle in Singapore's weakening property market

Horizon Towers is reviving its en bloc attempt for the third time.

Enhanced tax incentives could secure Singapore's fiscal sustainability: EY

EY says that the revenue could be used to enhance Singapore's growth as a fintech hub.

Government urged to introduce sugar tax

EY says in its Budget 2019 wishlist that the revenue may be used to subsidise healthcare costs.