News
Eagle Hospitality REIT's IPO falls flat as investment banks pick up slack
Eagle Hospitality REIT's IPO falls flat as investment banks pick up slack
Investors subscribed to less than half of its stapled securities.
Manufacturing output rose 0.1% in April
Higher biomedical manufacturing and chemical output supported the sector recovery.
S-REITs hit average total returns of 13.6% in 2019 YTD
Strategic acquisitions are also boosting REIT distribution yields.
Changi Airport saw 5.58 million passengers in April
Passenger traffic from Australia rose significantly.
CapitaLand to inject Shanghai office to maiden discretionary PE fund
The divestment takes into account the agreed property value of about $621m.
European firms to build mobile air taxi port in Singapore
Volocopter and Skyports will hold public flight trials by H2 2019.
Keppel Infrastructure Trust launches $1b multicurrency debt programme
The proceeds will be used to finance acquisitions and asset enhancement works amongst others.
Inflation down to 1.3% in April
A fall in the electricity & gas and lower food inflation offset higher services costs.
Chart of the Day: Banks' fixed deposit rates to maintain sustained easing
FD rates have already started tapering off in April.
Daily Markets Briefing: STI down 0.7%
Don't expect gains today.
Daily Briefing: Temasek unit Azalea Asset Management seeks to raise US$598m through private equity bond offering; HDB issues $700m fixed rate notes
And budget carrier Firefly is expanding flights from Seletar Airport to more Malaysian locations.
COE prices closed lower in latest bidding exercise
Category A vehicles saw the biggest premium decline of $9,704 to $27,000.
Singapore trails behind India in willingness to embrace workplace automation
However,more than half agreed that AI will boost job efficiency and productivity.
SMU ties up with Citi Ventures to offer experiential learning in fintech
The 15-week programme at SMU will launch in January 2020.
CFS launches community impact fund to support marginalised groups' employment
The programme helps beneficiaries land jobs in the F&B industry.
Only 16% of Singapore millennials anticipate economic improvement: Deloitte
Income inequality and unemployment were cited as top reasons for the negative outlook.
How much do Singapore's elderly need to achieve basic standard of living?
This includes housing and utilities, healthcare, transport, leisure and cultural activities.
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Commentary
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