News

Business optimism moderates to 7.19 ppt for Q1 2019

Services, transportation and wholesale were the most optimistic sectors.

Chart of the Day: Grocery sales down 1% YTD in September

They are holding their ground against the e-commerce threat.

Singapore stock dividends estimated to fall 2.8% to $19.87b in 2019: report

The drop is due to the absence of one-off special dividends paid by DBS and Keppel Corporation.

New private home sales rebound 146% in November to 1,198 units sold

Parc Esta, Whistler Grand and Kent Ridge Residences were amongst the top-selling launches.

MAS to allow bond investment using SRS funds in 2019

The individual limit for Singapore Savings Bonds will also be raised to $200,000.

NODX slipped 2.6% in November

It was dragged by the 5.2% decrease in the non-electronic segment.

Daily Markets Briefing: STI down 1.09%

Wall Street's retreat could weigh on the local bourse today.

Singapore hits $145.74b worth of deals in 2018

M&A made up the bulk with $135.86b across 688 deals.

Mapletree Industrial Trust to buy 18 Tai Seng property for $262.2m

It is the newest nine-storey mixed-use building in Payar Lebar iPark.

Chart of the Day: Influx of launches in H1 2019 could hit developers

More than 11,000 units are expected to be launched in 2019, on top of 32,000 units unsold as of Q3. This chart from OCBC Investment Research (OIR) shows that supply pressures are not immediate in the near term with only 3,506 units left in the pipeline supply for Q4. However, the medium-term developers might face risks in the medium-term with more than 11,000 units expected to be launched in 2019, on top of rising inventory levels of about 31,900 units in Q3 that are a tad below the long term average leves, OIR noted.

Daily Markets Briefing: STI up 0.36%

Wall Street's muted tone could take its toll on the local bourse today.