News

Qoo10 upgrades financial offerings in UOB tie-up

Qoo10 upgrades financial offerings in UOB tie-up

Small businesses will be able to apply for financing directly on Qoo10’s site.

Chart of the day: Public property investment sales soared from $110m to $3.1b in Q1

This supported the growth of total investment sales which rose by 34% to $6.3b in Q1.

OCBC seeks partner for securities venture in China

The move complements its goal of doubling pre-tax profit from Greater Bay Area to $1b by 2023.

Singapore's private banks hold steady amidst industry rout

The AUM of Bank of Singapore rose 3% to US$102b.

Ascendas Property raises total note issuance from $500m to $1.5b

The firm has also entered into a supplemental trust deed with DBS Trustee.

Keppel O&M gets go-ahead to start conversion works for $1.28b FLNG project

The Gimi floating liquefaction vessel is designed to produce 2.5 million tonnes of LNG per annum.

Singapore NODX fell 11.7% in March

Both electronic and non-electronic exports weakened.

SPH buys UK student dorm portfolio for $237m

The portfolio spans three cities and has a total capacity of 1,243 beds.

Singaporeans' inflation expectations edged up to 3.1%: poll

Expectations across all categories of CPI-All Items inflation moved up QoQ.

2 in 5 firms fail to act on customer feedback: survey

Meanwhile, 10% of companies ignore feedback entirely.

Chart of the day: Auction listings skyrocketed 103.4% in Q1

Homeowners who found it difficult to dispose of properties following July's cooling measures turned to auction listings.

SPH REIT's Q2 results get boost from Australia buy

It bought 85% of Figtree Grove Shopping Centre at a post-cost yield of 5.7%.

Property investment sales dropped 52% to $5.3b in Q1 2019

The 82% YoY drop in residential investment sales contributed the most to the decline.