News
Daily Briefing: Temasek backs US$150m injection in China's Innovent; HDB rents in Bukit Merah lag just behind Central
Daily Briefing: Temasek backs US$150m injection in China's Innovent; HDB rents in Bukit Merah lag just behind Central
And here's why Venture Corporation lost $2.24b of its market cap recently.
CapitaLand Retail China Trust Q1 NPI down 7.7% to $37.18m
It lost income from CapitaMall Anzhen, which it sold 1 July 2017.
GuocoLand Q3 profits up 7% to $31.54m
It cited “healthy” sales for its residential projects in Singapore.
Mapletree Logistics Trust full-year NPI up 6.9% to $333.84m
It recorded higher revenue from 12 properties.
Jardine Cycle & Carriage Q1 profits crashed 36% to $135.4m
Astra’s contribution to its profit dipped 4%.
SIAEC inks $484m 12-year services agreement with SilkAir
The deal will cover services for SilkAir's Boeing 737 MAX aircraft.
Industrial property prices and rents are turning around
Property prices dipped 3.6%, whilst rents fell 2%.
Singapore's factory output grew 5.9% in March
This was bolstered by semiconductors, which has been growing at a double-digit rate for 25 months.
Changi Airport handled 5.56 million passengers in March
Aircraft movements also grew 5.4% to 32,590 landings and takeoffs.
Baltic Exchange to launch escrow service for vessel sales in Singapore
The service will go live in May 2018 and cost US$5,000 per side.
Far East Hospitality Trust profits up 4% to $23.01m in Q1
The influx of visitors from the Singapore Airshow last February partially contributed to higher earnings.
Delayed IPOs in Singapore are piling up
Summit Power has delayed its IPO, citing recent market volatility.
Frasers Hospitality Trust profits down 4% to $27.75m in Q2
The company’s property operating expenses edged up 0.4%.
Dairy Farm sells 14 7-Eleven stores
The portfolio is composed of 13 prime HDB shophouses and a retail shop.
Chart of the Day: 96.5% of taxpayers filed their tax returns on-time
About 780,000 of them filed tax returns electronically.
Daily Markets Briefing: STI down 0.46%
Investors are urged to take caution today.
Daily Briefing: Indian ride-hailing firm Jugnoo eyes Singapore expansion; GIC sells Phoenix hotel to Blackstone for US$403m
And here's how Singapore fares in terms of "hiring" robot workers.
Commentary
SG60: What the next 10 years have in store for Singapore’s investment landscape