News
SingPost could sell loss-making US e-commerce arm: analysts
SingPost could sell loss-making US e-commerce arm: analysts
In February, it saw an impairment risk to the book value of its US unit.
Expat rental rates are cheaper by $677 in 2019: ECA International
Rates for a mid-market, three-bedroom apartment go around $5,706 per month, on average.
SIA to issue $2b of medium-term bonds
DBS has been appointed as the arranger of the bond programme.
SGX tipped to rank as ninth listing destination by 2030
SGX will eclipse the Johannesburg and Deutsche bourse.
Singapore-based insurtech CXA Group raises US$25m
Singtel Innov8 is one of its new investors.
Chart of the Day: Trading volumes of four REITs in the STI Reserve List surged 40% in 2019 YTD
Its combined average daily turnover soared 51% as compared to its levels in 2018.
Daily Markets Briefing: STI down 0.52%
Expect muted gains today.
Daily Briefing: 2019 GDP growth forecast cut to 2.5%; Malaysia lost right to review water price: MFA
And SC Capital has bought Rivervale Mall for $230m.
Retail sales rose 7.6% to $4.2b in January
It was buoyed by the 20% increase in motor vehicle sales.
The Great Room eyes affluent tenants in new 15,000 sqft luxury co-working space
Dedicated offices in Raffles Hotel will be pricier than their current offerings which starts at $2,500 a month.
Private condo rental volume dipped 22.1% in February 2019: SRX flash
HDB rental volume also dipped 28.5% to 1,388 HDB flats rented.
UOB prices first Panda bond at 3.49%
The offering has a subscription rate of 2.7 times from asset managers and commercial bank investors.
Daily Markets Briefing: STI up 0.65%
Don’t expect gains today.
Chart of the Day: 2 in 5 HDB upgraders bought homes priced at $1-1.5m in 2018
More home upgraders opted for units priced from $1.5-2.5m.
Daily Briefing: Mandarin Gardens Collective Sale's reserve price raised to $2.9b; Temasek to acquire 30% of Denmark-based engineering firm
And GIC to sell shares in Coway to Korean company Woongjin Group.
Mobike hits the brakes on Singapore operations
The firm has proposed to transfer its assets and operations to existing licensees.
Wilmar to takeover Goodman Fielder for US$180m
Goodman Fielder manufactures food ingredients and consumer branded food for Australasia.
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