News
Sembmarine Q1 profits sank 85.7% to $5.32m
Sembmarine Q1 profits sank 85.7% to $5.32m
It said recovery in rig orders will take some time as drilling segments remain oversupplied.
Mapletree Greater China Commercial Q4 NPI down 6% to $72.86m
Revenue fell due to the reversal in VAT for Gateway Plaza.
Noble chairman refutes Goldilocks' attacks
Paul Brough encouraged shareholders to vote in favour of the restructuring.
MPA inks $1.46b contract for Tuas Terminal Phase II development
It is part of the seven deals it signed with maritime partners.
Frasers Centrepoint Trust Q2 NPI up 6.9% to $34.8m
The revamp of Northpoint City North Wing allowed it to recover revenue.
Suntec REIT Q1 net property income up 1.9% to $62.99m
It was boosted by higher revenue from Suntec Singapore and Suntec City Mall.
Outlook on real estate reaches an 8-year high at 7.1 points
But market players are growing worried about risks like rising interest rates and oversupply.
CapitaLand Commercial Trust loses 85% of Bugis Village's value
It will be returned to the State on 1 April 2019.
Daily Briefing: ComfortDelGro held talks with Indonesia's Go-Jek for collaboration; PM appoints new trade minister in Cabinet reshuffle
And here are two sites that launched en bloc sale this week.
Chart of the Day: COE premiums fall alongside lower transport costs
Motor traders attributed the lower COEs to the oversupply of vehicles such as taxis and private-hire cars, and new Vehicular Emissions Scheme.
Daily Markets Briefing: STI up 0.14%
Investors are urged to remain cautious today.
Frasers Logistics and Industrial Trust's European debut to boost DPU: analysts
FLIT bought 21 industrial properties in Germany and the Netherlands from its sponsor.
Singapore launches B2B app and digital system for F&B companies
It said these will help firms to get new overseas opportunities.
Mapletree Commercial Trust year-end NPI jumped 15.9% to $338.85m
VivoCity and MBC I contributed higher revenue due to step-up rents.
Bangladeshi firm Summit Power delays nearly US$300m IPO
It cited recent market volatility as the cause.
Temasek eyes opening private equity to retail investors
Sources said it plans to launch an asset-backed security through Azalea Investment Management.
ST Engineering Land Systems' Chinese unit files for bankruptcy
It failed to sell its assets due to weak industrial demand.
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Commentary
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform