News

Frasers Property Q1 profits surged 76.1% to $145.59m

It was boosted by the sales and settlements of its residential development projects in Australia and China.

HDB rents grew 0.3% in January

HDB 5-room rental rates inched up 1.2%.

Chart of the Day: Average prime condo rents up 2% in 2018

Demand came from displaced homeowners and tenants of en bloc sale sites.

Daily Markets Briefing: STI down 0.16%

Wall Street's optimism on US-China trade talks could boost local sentiment.

MAS sets up corporate governance committee

It is led by Singtel director Bobby Chin.

Zilingo clinches $307.1m in Series D funding

The funding round was led by Sequoia Capital, Temasek and the Singapore investment fund EDBI.

ComfortDelGro weathers market shake-up as Go-Jek threat fades

The lowering of incentives at Go-Jek narrows the earnings divide between private hire and taxis.

Retail sales dipped 6% to $4.3b in December 2018

Medical goods and toiletries was the only sector to report an increase of 1.8%.

HDB resale volume rose 4.6% to 23,099 units in 2018

Punggol recorded the highest sales volume of standard flats at 47%.

Mapletree Industrial Trust to raise $175m via private placement

The proceeds will primarily be used to fund its 18 Tai Seng acquisition.

Private condo resale prices dropped 6% in January

Total units resold crashed 52.7% to 529 units.

Can Venture Corporation recover and regain investor confidence?

Its major customers, Illumina and Philip Morris, guided for growth in 2019 but trade war risks remain.

City Developments' Whistler Grand hits 80% take-up rate despite cooling measures

The average selling price of launched units is at $1,350 psf.