News
Chart of the Day: Property investment sales soared 49.2% to $7.26b in Q2
Sales of offices generated $3.84b, up by 270.8%.
Daily Briefing: MAS strengthens scrutiny of shell accounts; Healthcare startups on average raise $13.7m per round
And Singapore is expected to ban domestic elephant ivory trade in 2021.
Singtel, DBS and CapitaLand top Singapore Governance and Transparency Index in 2019
Amongst REITs and business trusts, CapitaLand Commercial Trust dethroned CapitaLand Mall Trust.
Four largest hospitality REITs average NPI fell 2% in Q2
Declining income from Frasers Hospitality Trust and OUE H-Trust weighed on headline figures.
CapitaLand announces US$3.4b of divestments in deleveraging bid
It aims to bring net gearing from 0.73x to 064x by end-2020.
Daily Briefing: No profit in Hong Kong instability, says Singapore Minister; Digital marketing agency Hashmeta buys ShopperBoard
And landed homes are great for wealth preservation due to limited stock.
Daily Markets Briefing: STI down 0.49%
YZJ Shipbuilding led the decline with a 20% crash.
Chart of the Day: Monthly rents for CBD Grade A offices hit $10.08psf in Q2
Rents may continue to rise as supply remains limited.
Here's why Singapore is the world's second most overworked city
Employees' number of actual work hours is 23% higher than the mandated 48 hours per week.
Voluntary turnovers rates in tech up to 14.7% in Q2
Local turnover rates are higher than in Australia, China and Hong Kong.
Noble Group urges shareholders to receive shares in Noble Holdings
An issuer will hold the shares until 19 December 2019.
Venture Corp profits fell 7.3% to $90.81m in Q2
Revenues slipped 5.1% as its customer portfolio took hits from geopolitical headwinds.
GIC invests $620m in Indian road builder IRB Infrastructure
GIC will hold 49% of the firm and have board representation.
No Signboard closes hawker-themed burger chain as losses pile up
The company expects a $500,000 impairment loss from the closure.
Frasers Property profits up 68.2% to $333.93m in Q3
Its recurring income from rents has boosted its profits.
Temasek to buy security system supplier D'Crypt for $100m
StarHub previously bought the military security firm for $122m in 2017.
Read Here
Advertise
Sign Up
Commentary
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform