News
Keppel REIT divests 20% stake in Ocean Financial Centre to Allianz for $537.3m
Keppel REIT divests 20% stake in Ocean Financial Centre to Allianz for $537.3m
The agreed property value will see $77.1m in capital gains for Keppel REIT.
Daily Markets Briefing: STI up 0.48%
Don't expect gains today.
Daily Briefing: Average income rose above $4,400 in 2018, Temasek confirms backing Australian private equity firm's $1.96b debut fund
And VC firm Tin Men Capital injects $12.5m more into e-ticket distribution solutions provider GlobalTix.
Chart of the Day: Cooling measures hit foreign buyers' interest in Q3
PR buyers' home purchases went down by 26.4%.
Singapore still hungry for more fraud detectors
The big three banks have already initiated using AI and data analytics to pump up the detection of illicit activities.
Employment rates and average incomes rise in 2018
Employment rates for residents 15 & over rose from 64.9% in 2017 to 65.1%.
GOJEK launches beta app in Singapore
DBS/POSB customers will guide its customers to get priority access to the app.
Changi passenger traffic rose 4.3% in October
Traffic to and from the US climbed 28% with additional services from Singapore Airlines and United Airlines.
Westgate acquisition could bolster CapitaLand's DPU up to 7%
Rental growth could rise 2% supported by F&B and sports brands in 2019.
Chart of the Day: Landed home sales crashed 31.9% in Q3
64 homes were sold in District 19.
Daily Markets Briefing: STI up 0.13%
Expect an upbeat tone in the local bourse today.
Daily Briefing: Orchard Road to be smoke-free zone from January 2019; Go-Jek rolls out its beta app for car-hailing
And cybersecurity startup CloudSEK bags $1.97m in pre-seed funding.
Completed condo prices slipped 0.6% in October
Units in the non-central region saw a price decrease of 0.9%.
Melbourne beats Singapore as top real estate investment market
Oversupply in the logistics market and CBD office shortages dragged Singapore's real estate market.
HDB to roll out one-stop app for residents
Starhub will develop the new app where residents can look for amenities and events near their vicinity.
Beauty World Plaza for sale by tender at $165m
The 2,305 sqm development houses 61 retail and 30 residential units.
Bilateral trade between Singapore and Shanghai climbed 33.8% to $24.11b in 2017
Shanghai firms invested about $8.27b in Singapore as of end 2017.
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Commentary
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Liquidity crucial to stock market reform