News
Motorcycles fall out of favour as cheap car COEs flood the market
Sales fell 30% in 2014.
Office rents suffered steepest decline in almost six years in Q2
Rents fell by 2.6%.
Industrial property rents, prices soften further in Q2
Blame it on the supply glut.
OSIM’s net profit crashed 24% to $22.5m in Q2
Blame it on weak sales.
Overall manufacturing output down 4.4% in June
This is the fifth straight month of contraction.
Tug-of-war over Myanmar Brewery continues as MEHL disputes F&N’s desired exchange rate
The sale must take place at the present rate, says MEHL.
CapitaCommercial Trust’s net property income up 3.6% to $53.9m in Q2
Thanks to higher occupancy in its portfolio.
HDB resale prices down for the 8th straight quarter in Q2
Resale prices fell by 0.4%.
Private residential prices slipped for the 7th consecutive quarter in Q2
Rents also continued to soften.
SATS’ net profit up 8.5% to $47.1m in Q1
On back of lower expenses.
Singapore hopelessly stuck in deflation’s unyielding grip
As long as housing, transport costs stay low.
Keppel Corp's net profit down 2% to $397m in Q2
Due to lower offshore revenue.
Suntec REIT’s net property income jumped 23.5% to $56.9m
Thanks to the completion of Suntec City Phase 2.
Chart of the Day: Home vacancy rate rose to 7.9% in Q2
Almost 7,000 units were completed last quarter.
Daily Briefing: US blacklists Singapore shipping company; Why buy Singapore Savings Bonds
And 4 unexpectedly cheap holiday destinations.
Daily Markets Briefing: STI down 0.1%
Another pullback is on the cards today.
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