News
S-REITs hit average total returns of 23% in 2019
S-REITs hit average total returns of 23% in 2019
The trusts contributed a quarter of the daily turnover of the island’s stock market.
Singapore hailed as third most attractive real estate market
London topped the list.
MAS receives 21 digital bank licence applications
Fourteen applied for digital wholesale banks whilst seven went for digital full banks.
Chart of the Day: HDB resale prices up 0.4% in Q4
The ongoing home improvement programme may have hiked demand for older flats.
Daily Markets Briefing: STI down 0.62%
UOB saw the sharpest decline amongst top active stocks with a 0.98% fall.
BNP Paribas to launch e-FX pricing and trading engine
The tech will offer e-FX trading of 50 currencies across various types of rates.
How Air France-KLM is making aviation more environmentally sustainable
Its use of sustainable fuel has reduced the CO2 emissions from each flight by up to 85%.
5G licences to boost telcos in Q1
StarHub and M1 are expected to jointly bid for a nationwide 5G licence in January.
Razer Fintech-led consortium bids for digital full bank licence
It will take up a 60% majority stake in the proposed Razer Youth Bank.
STI's total returns hit 9.4% in 2019
Accumulated dividends boosted returns whilst weak Hong Kong stocks dragged the index.
GDP growth fell to 0.7% in 2019: MTI
Contraction under the manufacturing sector worsened to 1.5%.
V3 Group and EZ-Link-led consortium join digital banking race
BEYOND consortium has launched a bid for a digital full bank license with a focus on SMEs.
Buyback value plunged about 60% to $590m in 2019
OCBC led amongst stocks in December with a total buyback consideration of $26m.
PMI inched up 0.3 points to 50.1 in December
Whilst, PMI for the electronics sector contracted by 0.2 points.
Grab and Singtel team up for digital bank licence
Grab and Singtel will hold a 60% and 40% stake in the consortium, respectively.
Chart of the Day: Re-entry rate of production and related workers dipped to 73% in Q3
The overall six-month re-entry rate rose to 65%.
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