News
Hospitality & tourism to slow down amidst coronavirus outbreak
Hospitality & tourism to slow down amidst coronavirus outbreak
Singapore hotels’ performance will likely imitate the 42% fall in daily average rate during the SARS outbreak.
Government urged to adopt tax incentives for 5G adoption: KPMG
This includes tax credits of up to 42.5% for the development of use cases for 5G.
Risk management solution buys to boost SGX's profits
Scientific Beta grew its assets under replication by 10 times in four years.
NUS researchers withdraw claims on developers' insider trading
The university recently released a study asserting that developers exchange information on bids during golf time.
Daily Markets Briefing: STI up 0.17%
Singtel led the gains amongst top active stocks with a 1.5% growth.
Chart of the Day: Multiple-use factory rents in west region dipped 0.5% in Q4 2019
A large pool of existing vacant stock remains in the region.
Customer satisfaction for firms' digital support up 5.3%: study
About 62.4% of companies now deliver AI-enabled customer support.
Diversification to ease headwinds for Mapletree Logistics Trust
Most of its tenants have been cautious on expansionary plans.
Manufacturing output dipped 1.4% in 2019
The electronics cluster recorded the sharpest decline in output at 7.4%.
Industrial space rents inched up 0.1% in Q4 2019
Easing of rents during the quarter was attributed to the large pool of stock in the west region.
Frasers property buys London office asset for $238m
Bedfont lakes holdings will become an indirect wholly-owned subsidiary of the firm.
Lease renewals favourable for FCT's growth: analysts
About 81% of these leases are located in its four major malls.
Frasers Hospitality Trust's NPI grew 6.8% to $33.2m
All of its portfolio recorded higher gross operating profit.
Starhub and M1 to jointly bid for 5G licence
They are working towards the deadline for proposals.
Keppel Corp's profits crashed 25.5% to $706.98m in 2019
Its other operating income plunged 67.1% partly from lower gains from disposing subsidiaries.
Grab, Razer in talks for Malaysian digital banking licence bid
Up to five licences will be granted to either conventional or Islamic banks.
HDB rents inched up 1.3% YoY in December
The rents for all room types, except three-room HDB units, all grew.
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