News
Hyphens Pharma International eyes Catalist IPO
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%.
SIAEC inks $484m 12-year services agreement with SilkAir
The deal will cover services for SilkAir's Boeing 737 MAX aircraft.
Industrial property prices and rents are turning around
Property prices dipped 3.6%, whilst rents fell 2%.
Singapore's factory output grew 5.9% in March
This was bolstered by semiconductors, which has been growing at a double-digit rate for 25 months.
Changi Airport handled 5.56 million passengers in March
Aircraft movements also grew 5.4% to 32,590 landings and takeoffs.
Baltic Exchange to launch escrow service for vessel sales in Singapore
The service will go live in May 2018 and cost US$5,000 per side.
Far East Hospitality Trust profits up 4% to $23.01m in Q1
The influx of visitors from the Singapore Airshow last February partially contributed to higher earnings.
Delayed IPOs in Singapore are piling up
Summit Power has delayed its IPO, citing recent market volatility.
Frasers Hospitality Trust profits down 4% to $27.75m in Q2
The company’s property operating expenses edged up 0.4%.
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Commentary
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