News
Katong Park Towers sold 20% above asking price at $345m
Katong Park Towers sold 20% above asking price at $345m
Bukit Sembawang plans a residential development nestled along Meyer & Mountbatten Road.
Singapore M&A deal value crashed 24.8% to US$8b YTD
The number of M&A deals largely fell by 28%.
Singapore-based issuers' bond offerings hit 3-year low
Bond offerings crashed by 21.5% to US$6.7b as local firms also tapped into offshore bond markets.
Fintech firm ayondo targets Catalist IPO at $21m
ayondo will be the first fintech firm to be listed on the SGX-ST Catalist board if this pushes through.
URA tenders Silat Avenue site that yields 1,125 units
It will also be integrated with the upcoming 24-km Rail Corridor.
Singapore-based firms raised US$816.9b from equity capital
IPO proceeds soared 479.8% to US$344.4m and bolstered ECM activity.
NODX slipped 5.9% in February
Contractions in both electronic and non-electronic exports weighed down the NODX.
Hong Kong and Singapore bourse bosses lock horns over listings
SFC executive Ashley Alder called out an SGX executive’s comments on their performance.
Singapore is the costliest city in the world for 5 years in a row
But in 10 years, prices of bread, wine, and smokes are expected to fall.
Daily Briefing: SIA keeps 'open mind' on Air India bid; Bank of Singapore eyes family office business expansion
And the worst could be over for Singapore's banking blue chip stocks.
Daily Markets Briefing: STI down 0.61%
Investors are urged to take caution today.
Chart of the Day: Labour productivity rose by 4.5% in 2017
Thanks to gains led by the manufacturing and wholesale & retail trade sectors.
Raffles Medical could be hurt by full-rider insurance changes
About 12-18% of its pre-tax profit is exposed to the insured market.
SIA passenger load factor up 0.2 ppt to 80.9% in February
Higher demand also lifted overall cargo load factor by 0.6ppt.
Export-dependent SMEs fare the worst as 2017 profits nosedive 53.8%
The manufacturing slowdown and higher operating costs derailed its growth.
STI dividends could soar 29% to $20.9b in 2018: IHS Markit
The banking, telecommunication, and real estate sectors are expected to contribute $13.5b to the total.
Local employment nearly doubled in 2017 as economy improved: MoM
But job-skills mismatch continues to be a challenge due to ongoing economic restructuring.
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