News

Price growth could hit -3% to 2% in 2019 amidst predicted slower economic growth.

The Straits Times Index (STI) ended 40.71 or 1.33% higher at 3,099.99. The top active stocks were DBS, which advanced 0.21%, Singtel, which grew 0.03%, UOB, which gained 0.37%, OCBC, which inched up 0.15%, and Genting Sing, with a 0.035% advance. The FTSE Mid Cap rose 5.66% whilst the FTSE Small Cap gained 1.66%.

Rising flat supply will ensure that leasing costs remain cheap.

Rental volume in the city-state fell 11.2% to 3,791 units.

Petrol service stations sales grew the largest at 11.4%.

They are also eyeing to offer corporate subscription for Singapore firms.

It is eyeing for a hearing in a Bermudan court on 14 December.

And business management AI platform Osome clinches US$2m seed funding.

The tone might be cautious today with investors assessing the US-China trade talks.

Average ROE reached 16.4%.

IPO proceeds plunged 83.9%.

The 2.7 ha site can generate a gross floor area of 115,000 sqm for office, residential and retail use.

It clinched the top spot for the digital infrastructure and human capital measures.

The new reserve price is 22% lower from its initial price tag of $320m.

The volume of resold condos slipped 4.6% to 662 units.

It wants to build its recurring income as sentiment on Singapore property weakens.