News
Chart of the Day: Singapore to be third largest economy hit by US tariffs on Chinese goods
About 1.25% of market GDP is expected to be affected.
Sembcorp Industries pushed back Indian IPO
Investors raised concerns over the macroeconomic environment and pricing.
Will Bharti Airtel lift Singtel's earnings?
It could play against Vodafone’s weakness and raise revenue share in the next 12-15 months, an analyst said.
Hillview Rise site sold for $460m
The winning bidder proposed the adoption of Prefabricated Prefinished Volumetric Construction (PPVC) for the development.
Stop order imposed on Cairnhill Mansion en bloc sale
It was previously sold for $362m.
Home buyers flock to Park Colonial and Stirling Residences' weekend showflats
They offer more value than other projects launched in the weekend like Affinity and Garden Residences, an analyst said.
SATS' revenue dipped 0.3% to $1.72b
Earnings from food solutions fell 2.7% to $946.6m.
Growth of Grade A downtown office rents hits 4-year high at 4.1% in Q2
But leasing enquiry levels and expansion requirements have not been quite as positive.
Real estate investment sales grew 11.4% to $10.31b in Q2
There were 15 residential en bloc sales that boosted quarterly sales.
Singapore firms' payment performance weakened in Q2
Prompt payments fell slightly by 1.65 ppt to 49.55% of total transactions.
Daily Briefing: Fuel shortage in Asia pushed Singapore oil prices to a 3-year high; Starhub welcomes new CEO
And Golden Gate Ventures joined a $19.9m funding for a Singapore care-giving startup.
Daily Markets Briefing: STI down 0.91%
Investors are taking caution over trade tensions' effect on local sentiment.
Chart of the Day: 33 firms bought back $174m of their shares in June
CapitaLand led the tally and bought back 17.2 million shares for $60.8m.
Talent crunch beefs up finance payrolls amidst thinning workforce
Firms may need to shell out extra $29,100 per highly skilled finance worker by 2030.
Wilmar could benefit from soybean prices hit by trade tensions
Soybean prices have fallen 4.6% since the US and China resumed announcing tariffs.
Global trade tensions unlikely to hit Sheng Siong: analyst
Its exposure is nearly limited to only Singapore, rendering it unaffected by global trade spats.
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Commentary
SG60: What the next 10 years have in store for Singapore’s investment landscape