News

Condo rents tick up 0.2% in July

This came with the 11.8% jump in rental volume.

Far East Hospitality Trust's RevPAR slips 1.3% to $314

The increased supply dampen the room rates.

ThaiBev acquires 240 KFC stores for around US$330m

The acquisition is set to be completed by December 2017.

SingPost's e-commerce losses narrow to $4.2m

Its turnaround plan for TradeGlobal should help in easing losses.

SPH to suffer from weak ad spends

Its display and classified ads revenues fell by 21% in the past quarter.

Chart of the Day: Hotel market RevPAR dipped slightly by 1.1%

Whilst market occupancy fared better, reaching 85.6%.

Daily Markets Briefing: STI down 0.08%

Expect a correction in the local market today.

DBS will have O&G woes until 2018

An estimated $500m worth of new bad loans looms over the bank.

GLP to delist from SGX after privatisation deal

Nesta eyes expanding GLP's platform to new markets.

F&N's profit up 60% to $60.7m

Its F&B segment grew 44% to $85.2m.

Singapore reigns supreme in ICT development

It was ahead of Denmark, USA, and Japan.

Frasers Centrepoint's net profit jumps 18.4% to $182.4m

Thanks to the group's business in Australia.

Why Sheng Siong lowered its payouts

It could be building up a bigger cash buffer.