News
Wing Tai snubs land sales exercises as property downtrend continues
Its current land bank is more than enough.
Petra Foods scrambles to rein in costs as profit margins sink to record lows
Blame the persistently weak rupiah.
Check out these upcoming hotels which will open doors in H2
Two new hotels will launch in the Changi area.
New home sales skyrocketed by over 300% to 1,594 units in July
High Park Residences drove sales.
ThaiBev sobers up as non-alcoholic drinks take the spotlight
Large-scale restructuring is on the cards.
RMB weakness won’t cripple Singapore’s exports, analysts say
Initial fears are overblown.
Consumer confidence lags regional peers despite uptick in H2: survey
Singapore ranks fifth out of seven markets.
OUE hit with $16.3m net loss in 2Q
Due to a $20.5m fair value loss.
Wheelock’s net profit plummeted 85.3% to $17.55m in Q2
On back of hefty one-off gains last year.
United Engineers net profit plunged 57% to $17.5m in Q2
Blame it on divestments and the lack of sales revenue.
Non-oil domestic exports slip 0.8% in July
Exports to most key markets fell.
Chart of the Day: Prime office rents drop for the first time in over two years as banks downsize
Marina Bay booked the steepest decline.
Daily Briefing: Bedok embraces online shopping; ARA Asset Management on property investing
And how to boost rental yields amidst cooling measures.
Daily Markets Briefing: STI up 0.7%
But a pullback is expected today.
Fast and furious car deals prop up Singapore's dismal retail sales figures
Car sales surged 85.2% in June.
Weak property market drives HDB rental prices to slip 0.7%
Executive flats remain the lone bright spots.
Commentary
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform