News
Chart of the Day: Trading volumes of four REITs in the STI Reserve List surged 40% in 2019 YTD
Its combined average daily turnover soared 51% as compared to its levels in 2018.
Daily Markets Briefing: STI down 0.52%
Expect muted gains today.
Daily Briefing: 2019 GDP growth forecast cut to 2.5%; Malaysia lost right to review water price: MFA
And SC Capital has bought Rivervale Mall for $230m.
Retail sales rose 7.6% to $4.2b in January
It was buoyed by the 20% increase in motor vehicle sales.
The Great Room eyes affluent tenants in new 15,000 sqft luxury co-working space
Dedicated offices in Raffles Hotel will be pricier than their current offerings which starts at $2,500 a month.
Private condo rental volume dipped 22.1% in February 2019: SRX flash
HDB rental volume also dipped 28.5% to 1,388 HDB flats rented.
UOB prices first Panda bond at 3.49%
The offering has a subscription rate of 2.7 times from asset managers and commercial bank investors.
Daily Markets Briefing: STI up 0.65%
Don’t expect gains today.
Chart of the Day: 2 in 5 HDB upgraders bought homes priced at $1-1.5m in 2018
More home upgraders opted for units priced from $1.5-2.5m.
Daily Briefing: Mandarin Gardens Collective Sale's reserve price raised to $2.9b; Temasek to acquire 30% of Denmark-based engineering firm
And GIC to sell shares in Coway to Korean company Woongjin Group.
Mobike hits the brakes on Singapore operations
The firm has proposed to transfer its assets and operations to existing licensees.
Wilmar to takeover Goodman Fielder for US$180m
Goodman Fielder manufactures food ingredients and consumer branded food for Australasia.
Money market funds' assets ballooned 40% to $2.6b in last 2 years
The growth was boosted by offshore funds which are typically used by institutional investors.
Hyflux postpones town hall meeting with shareholders
The firm says they need a bigger venue due to a large number of shareholders wanting to attend.
Singapore suspends Boeing 737 Max flights
This will affect SilkAir, China Southern Airlines, Garuda Indonesia, Shandong Airlines and Thai Lion Air operating in Singapore.
Chart of the Day: Retail rents in Orchard and Suburban Areas expected to grow 2.0% in 2019
Large catchment areas will continue to boost suburban malls.
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