News
8 in 10 Singaporeans expect pay hike when switching jobs
8 in 10 Singaporeans expect pay hike when switching jobs
Locals expect a 17% increase in pay when changing employers.
Daily Briefing: Lakepoint en bloc sale launched $640m; Singapore's Ocean Tankers gear up for new IMO rules
And Singapore chipmakers slash headcounts as semiconductors sales fall 10-12%.
Daily Markets Briefing: STI down 0.14%
OCBC led the gains among top active stocks with a 0.52% increase.
Chart of the Day: Tourists could account for a fifth of retail sales by end-2019
Tourist expenditure on shopping grew at a 10-year CAGR of 3.4%.
HDB inks deals to develop cooler and smarter homes
The trials for cooling innovations in HDB flats will start in Q1 2020.
Mapletree Industrial Trust's NPI grew 12.2% to $77.92m in Q1
New revenue contributions from 18 Tai Seng and 30A Kallang Place drove up earnings.
Frasers Centrepoint Trust NPI down 1.1% to $34.6m in Q3
The absence of property tax refund hit income.
Daily Briefing: TTG clinches $10.8m investment from UK-based Librae; Banking tech pay surge to nearly $100,000 annually amidst talent crunch
And SFA is actively promoting the fintech online platform APIX.
Daily Markets Briefing: STI up 0.47%
KeppelCorp led the gains with a 1.08% rise.
Chart of the Day: Total office supply in CBD to hit 3.3 million sqft by 2022
Marina Bay will account for most of its stock.
Inflation down to 1.2% in June
The fall was partially because of a steeper decline in electricity and gas prices.
Co-living operator Hmlet raised US$40m in Series B funding round
It will be used for further expansion in Singapore, Hong Kong, and Sydney.
Mapletree Logistics Trust NPI climbed 18.2% to $106.1m in Q1
The redevelopment of Mapletree Ouluo Logistics Park Phase 1 boosted income growth.
CapitaLand Mall Trust NPI up 10.9% to $273.25m in H1
The Westgate acquisition in November 2018 boosted half-year earnings.
Frasers Commercial Trust NPI slipped 3% to $19.75m in Q3
It was hit by higher property tax expense for Alexandra Technopark.
SATS profits could drop by up to 3% amidst weakening cargo volumes
That said, its food solutions division could ride on the 2020 Olympics.
A*STAR inks collaboration deals to develop digital solutions for smart cities
Surbana Jurong will incorporate technologies commercialised by A*STAR’s SME and startup licensees.
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Commentary
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform