News

Daily Markets Briefing: STI up 6.07%

Daily Markets Briefing: STI up 6.07%

OCBC led the gains amongst top active stocks with a 6.98% climb.

Chart of the Day: Midsize condos took a bigger share in deals in Q4 2019

Smaller condos still dominated sales volume in the quarter.

DBS floats digital relief solutions for COVID-hit F&B businesses

Businesses will be able to establish an online presence within three business days.

ACRA, MAS, SGX RegCo urge firms to comply with distancing measures

This follows after they released new guidelines on holding AGMs.

940,000 HDB households to get $134m in S&CC rebates

Households with one- and two-room types will have 3.5 months of rebate.

Not all-gloomy: retail sales shift to supermarkets

Sheng Shiong’s and Dairy Farm’s earnings would likely grow by around 3%.

REIT ETFs' turnover soared 82.5% to $57.3m in March

They averaged a dividend yield of 6.6% and a total return of -30.8% YTD.

Local bankruptcies rose to record-high even before the pandemic hit

The number of individuals filing for bankruptcy soared 47% from 2018 to 434 in January.

Olam completes stake sale in Indonesian JV for $123.03m

After final adjustments, the total consideration for the deal was $119.44m (US$82.5m).

GL closes hotels temporarily amidst lockdowns

Its subsidiary’s hotels saw a reduction in bookings and rise in cancellations.

Chart of the Day: Home launches in CCR break 2019 record with 525 units in Q4

The collective sales fever from 2017 to 2018 boosted project launches in prime districts.

Daily Markets Briefing: STI up 5.76%

Singtel led the gains amongst top active stocks with a 8.33% expansion.

honestbee issued demands for breach of fiduciary duties against ex-CEO and director

Sng and Wong made property deals and companies that the firm paid for.

Cybersecurity startup Horangi bags $29.09m in series B funding

Funds will be used to strengthen the company’s position within the region.

Inflation to ease further amidst collapse in demand

MAS is expected to lower their inflation forecasts to -0.5 to 0.5%.