News

UOB launches high street Wealth Banking branch at Faber House

It aims to cater to the 476,000 emerging affluent customers in Singapore.

Singapore 2019 budget will be delivered on 18 February at 3:30 p.m.

A live webcast of the budget speech will be available on the Singapore budget website.

Private condo rents could grow 2% in 2019

It could be bolstered by the low supply of GLS and HDB BTO units.

DBS wealth management fees to contract 1.3% in 4Q18

The decline is attributed to high net worth clients continuing to be risk averse.

Hospitality REITs cash in on tourism high

OUE Hospitality Trust posted the highest return in FY18 at 6.5%.

Chart of the Day: Utility stocks start strong with 17% average returns in 2019 YTD

The best performing stocks were China Jinjiang Environment and China Everbright Water.

Daily Markets Briefing: STI up 0.04%

Reignited US-China trade tension fears may dampen local sentiment.

COE premiums close mostly higher in February bidding exercise

Category A vehicle premiums dropped whilst the rest saw increases.

Singaporeans still prefer telco incumbents over disruptive upstarts: survey

Around 81% have decided to stick to their tried-and-tested providers for over two years.

Singapore banks shun risky trading over more stable fees and commissions

The share of trading and investment securities income shrunk to 36% in 2018 from 47% in 2009.

Singapore falls to 10th place in US Chamber International IP Index

Lack of transparency and high software piracy levels dragged the city’s headline score.

Chart of the Day: Hotel investments on the rise after flunking in 2016

2018 saw eight deals in the sector worth about $500m in total.

Daily Markets Briefing: STI up 0.5%

Trade war jitters will continue to weight on local sentiment.