News
Singapore is the fifth most property-obsessed nation
Residents spend around 3.2 hours researching possible property buys.
ComfortDelGro could lure in cabbies with new profit-sharing scheme
The scheme cuts taxi rental rates from $105 to $68-78 a day in exchange for 15% of cabbies’ fare takings.
Keppel looks to raise $500m via two note issues
The notes are expected to be issued on 7 May on the SGX-ST.
Ascott REIT profits leapt 12% to $54.62m in Q1
Its properties in Singapore, UK and Philippines drove up earnings.
Surbana Jurong and Silk Road Fund to co-invest US$500m in Southeast Asia infrastructure fund
The fund will focus on greenfield projects in the region.
Amber Park could launch sales on 4 May
The developer opened previews for the 592-unit development on the weekend.
CapitaLand launches $5b euro medium term note programme
Proceeds from the notes will refinance existing debt.
Oxley sells Chevron House for $1.025b
The property is being revamped before the completion of the proposed sale.
Sheng Siong's profits jumped 5.9% to $19.36m in Q1
Growth was boosted by its 10 new stores.
Manulife US REIT buys US freehold Class A office building for $166.09m
The acquisition could boost the firm’s DPU by 3.3%.
Keppel Capital arm buys three Korean Grade A commercial buildings for $510m
The portfolio comprises Yeouido Finance Tower, Nonhyun Building and Naeja Building.
Daily Markets Briefing: STI up 1.49%
Expect muted gains today.
Daily Briefing: GCBI Ventures launches blockchain platform for smart cities; VC firm Big Idea Ventures closes US$50m fund
And LTA is raising the Electronic Road Pricing for motorists to $2.
Chart of the day: CBD rents to rise up to 9% in 2019
Islandwide occupancy rate increased from 92.4% in Q4 2018 to 93.5% in Q1.
Golden Energy and Resources to launch Singapore innovation centre
It will focus on tech for mining and construction.
48,259 SMEs exited the market in 2017: study
The wholesale trade sector led cessations with 8,007 entities exiting the market.
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Commentary
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform