News
Chart of the Day: Institutional inflows to IT sector hits $100.5m in Q1
Chart of the Day: Institutional inflows to IT sector hits $100.5m in Q1
Its institutional inflow is the second-highest after REITs at $242.6m.
March inflation disappoints market expectations: analysts
Transport prices continued its deflationary trend for the last nine months.
Automation threatens one in three finance jobs: study
Remisiers, traders, and investment performance analysts are some of the jobs that could get hit by automation.
2 in 3 Singaporeans can still afford homes despite hefty price tags: study
Residents are lured by cheaper homes from cooling measures and flat HDB resale market.
ST Engineering-SP Group joint venture to build alternative fibre data network
The network’s fibres will be laid alongside SP Group’s power lines.
Hyflux seeks 3-month extension of protection from creditors
It is also hit by new claims worth $47.96m.
Inflation down to 1.4% in March
Smaller price increases in retail and electricity & gas offset higher services and food inflation.
CBD Grade A rents to grow 8% in 2019: report
Total net demand could reach 857,000 sqft amidst supply shortfall and healthy occupier demand.
Frasers Property arm to sell three Australian retail assets
Central Park Retail is expected to transact in excess of $170m.
Frasers Commercial Trust's NPI dropped 10.5% to $20.09m in Q2
It blamed lower occupancies at Alexandra Technopark and the sale of 55 Market Street.
Mapletree Industrial Trust distributable income rose 7.4% to $231.8m in FY18/19
Its full-year income was boosted by its 40% interest in 14 US data centres.
Keppel REIT buys Seoul office for $301.4m
The 28-storey freehold Grade A office offers approximately 228,000 sqft in net lettable area.
CapitaLand sells self-storage business StorHub for $185m
Its portfolio comprises 12 storage facilities with a total lettable area of approximately 800,000 sqft.
ST Engineering nabbed contracts worth $2.1b in Q1 2019
Its aerospace sector clinched projects amounting to $1.3b.
CapitaLand Commercial Trust gets lead in office market recovery with acquisitions
Net property income rose 3.4% thanks to its Galileo and Asia Square Tower 2 buys.
IBM to shut down Tampines plant amidst global restructuring
All of its workers will be retrenched.
GuocoLand to build 30-storey office tower and 200-unit living area in $1.6b Beach Road site
Guoco Midtown will be a 960,000 sqft mixed-use development.
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Commentary
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform