News
Retail space vacancy rate hit 7.5 % in Q4
Retail space vacancy rate hit 7.5 % in Q4
A pickup in malls’ leasing demand countered tha vacancies from the Somerset Subzone.
January SGX volume up 27% to $1.2b
Market turnover value of structured warrants and DLCs surged 94% MoM.
DBS expects $1.4b net profit for Q4 2019: analyst
Quarterly earnings report will be out by 13 February.
NetLink NBN Trust's profit up 9.6% to $21.5m in Q3
Residential connections revenue rose, accounting for 64.1% of the total figure.
Grocery stores rush to steady supply as outbreak alert level rises
FairPrice has already imposed purchase limits to prevent customers from stockpiling.
Condo resale prices up 2.3% in January
RCR condo resale prices led the increase as it grew 2.6%.
Sembcorp industries tapped to build floating solar farm
It will be used to power PUB’s water treatment processes.
UOB shuts China outlets over nCov
A small number of staff will remain in Shanghai and Beijing for customer service.
OUE acquires majority stake in Indonesia-based coffee chain operator
Maxx Coffee will become an indirect subsidiary of the group.
Daily Markets Briefing: STI down 0.58%
Medtecs International led the gains amongst top active stocks with a 7.77% expansion.
Chart of the Day: Construction sector retrenchments fell to 800 in 2019
It took up about 7.5% of all layoffs in Singapore.
SIA Engineering profits rose 1.3% in Q3 to $16.1m
A stronger performance by the parent company expanded quarterly profits.
ST Engineering to form JV with Vietnam Airlines
The JV will focus on providing airframe MRO services.
Olam International posts one-time post-tax gain of $72m
It came from its various divestments, including its real estate assets in California.
ST Engineering, Wilhelmsen Ship Services to develop unmanned shore-to-ship parcels
The former will provide flight tests and development services for system integration. ST Engineering and Norway-based Wilhelmsen Ships Services (WSS) will be developing and testing solutions for Beyond Visual Line of Sight (BVLOS) unmanned shore-to-ship parcels in Singapore, according to a news release. For this venture, ST Engineering will provide flight tests and technology development services for system integration and solution prototyping. Key technologies include precision landing on-board ship vessel’s metallic platform, non line-of-sight datalink and parcel delivery authentication and release system. The project will receive funding as part of the call for proposal by the Civil Authority Aviation of Singapore (CAAS) and the Singapore Ministry of Transport. In 2018, ST Engineering inked a memorandum of understanding (MOU) with CAAS to facilitate the development of BVLOS Unmanned Aircraft Systems (UAS) in the country. In January 2019, DroNet, an end-to-end solution that uses advanced unmanned technologies through a network system to carry out specific tasks or services, was granted the first BVLOS permit for trial operations in Singapore.
More than 70 aviation firms pull out from Singapore Airshow
The airshow will push through amidst companies’ withdrawals.
Frasers Property's retail unit acquires manager of 6 retail malls and 1 office tower
AsiaMalls Management will become a subsidiary of Frasers Property Retail.
Read Here
Advertise
Sign Up
Commentary
Singapore’s global dispute fault lines
‘Tokenmaxxing’ – The wrong AI race to run in Singapore
To outsmart modern fraud, we must first know the enemy
Why Singapore SMEs cannot wait for quantum cyber risk to arrive before securing data
Is Singapore's emphasis on long-term security and stability hindering purpose-driven employees?
When Singapore's agentic AI ‘chefs’ arrive, will the kitchen be ready for them?
What Singapore’s app store rules reveal about the future of online trust