News

REITs defy downturn on tight office supply

CapitaLand, Keppel, and Suntec only have 5% to 1.5% office NLA due for renewals in H2.

MAS forms committee to oversee transition from SOR to SORA

The transition was made given USD LIBOR's likely discontinuation.

Commercial DC rates to climb 1.7% after September review: URA

A 7% increase was recorded in Tampines Road, Ang Mo Kio, and Upper Bukit Timah.

Hotel DC rates largely unchanged for the next six months: URA

This follows a 45.6% hike on the revision last March.

SembMarine bags contracts worth $400m

This includes building jacket foundations for Taiwan's largest offshore wind farm.

Daily Markets Briefing: STI up 0.8%

DBS led the gains amongst top active stocks with a 1.2% climb.

Chart of the Day: Business parks' vacancy rate eases to 14% in Q2

This was due to stable demand and lack of new supply.

Sun Venture secures $455m loan to buy 71 Robinson Road

It will also be used for investments to improve its environmental footprint.

Choa Chu Kang Waterworks equips world's largest ceramic membrane

The membrane can treat up to 40 million gallons of raw water per day.

62% of customer experience interactions failed to be productive: report

A “wow” remains elusive from hard-to-please Singaporeans.

Five highest-yielding stocks hit average dividend yield of 7.1%

Hutchison Port Holdings Trust has the highest dividend yield at 9.6%.

UOB to issue 1.625% covered bonds for $694.76m

The covered bonds will be issued as the seventh series of the US$8b Global Covered Bond Programme.

Singapore's Asian outbound capital fell 37% to $7.92b in H1

The decline could be seasonal as investors are typically more active in H2.

Hong Kong's property investment in Singapore hits $1.9b in H1

Key transactions include Gaw Capital’s purchase of Robinson 77 for $710m.