News
Chart of the Day: New F&B firms are sprouting amidst weak industry
Chart of the Day: New F&B firms are sprouting amidst weak industry
Employment and property occupancy in the two sectors has been declining since 2015.
Daily Markets Briefing: STI up 0.2%
Expect muted gains today.
Unemployment rate dips to 2% in March
This translates to 64,800 unemployed residents.
Retail space prices dipped 0.1% in Q1
Pipeline supply for retail space rose 4.1% to 509,000 sqm.
Office space prices up 1.3% in Q1
Rents also grew by 2.6%.
$1.04b bid for Silat Avenue site is ‘underwhelming'
Its ‘untested’ location and distance from MRT stations could be a disadvantage to its large size, an analyst says.
Sembcorp Utilities to develop 750-megawatt gas-fired power project in Vietnam
It signed an MOU with the government of Quang Ngai Province.
MAS sets standards for accountability of financial managers
It launched a public consultation for 3 guidelines that FIs should follow.
Hyphens Pharma International eyes Catalist IPO
It lodged a preliminary offer document in the SGX.
Singapore to cut length of fintech patent applications to six months
Applicants need to furnish a “Fast Track” document to be recognised as fintech.
Chart of the Day: Singapore's private home prices up 3.9% in Q1
The prices of private condos led the growth at 4.4%.
Daily Markets Briefing: STI up 0.06%
Expect some gains today.
Daily Briefing: Temasek backs US$150m injection in China's Innovent; HDB rents in Bukit Merah lag just behind Central
And here's why Venture Corporation lost $2.24b of its market cap recently.
CapitaLand Retail China Trust Q1 NPI down 7.7% to $37.18m
It lost income from CapitaMall Anzhen, which it sold 1 July 2017.
GuocoLand Q3 profits up 7% to $31.54m
It cited “healthy” sales for its residential projects in Singapore.
Mapletree Logistics Trust full-year NPI up 6.9% to $333.84m
It recorded higher revenue from 12 properties.
Jardine Cycle & Carriage Q1 profits crashed 36% to $135.4m
Astra’s contribution to its profit dipped 4%.
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Commentary
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