News
SGX’s net profit jumped 16% to $87m in Q2
Revenue climbed 19% to $195m.
Cost of living far outstrips the incomes of most Singaporeans: HSBC survey
1 in 3 residents are struggling to save.
Daily Briefing: 3 in 5 Singaporeans feel property is still overpriced; HDB deficit to stay high in next few years
And COE prices close mostly higher in bidding exercise.
Over 2 out of 5 SMEs crippled by extremely high rents, manpower costs
This should be addressed in the 2015 budget, says KPMG.
URA mulls allowing transient occupiers in private flats
It’s seeking public feedback on subletting.
Back to base: Firms woo overseas Singaporeans to buck intense talent crunch
Hiring challenges will intensify this year.
Odd one out: ASEAN CEOs extremely optimistic despite sluggish global growth
But CEOs in other regions aren’t so upbeat.
IDA unveils $268m fund for tech startups
It has also opened an office in San Francisco.
Singapore’s largest marine stocks slide 20.2% amid oil rout
The top 5 stocks averaged a 1.3% decline in YTD total return.
Ezion’s share price plunged 42% from peak with investors spooked over deployment delays
It’s laying its bets on liftboats.
Singapore GIC pours in $165.5m for India’s two newest banks
Total equity investment is at $347m.
Tough leasing environment mars Mapletree Industrial Trust’s decent Q3 results
Its net property income grew to $58m.
Hopes crushed: Silverlake Axis loses largest deal after banks terminate mega-merger
Potential orderbook could decrease by $37m.
Anchorvale Crescent EC site gets only three bids from cautious developers
On back of a current oversupply.
CapitaCommercial Trust’s net property income up 3% to $50.6m in Q4
Distributable income climbed to $63.6m.
Chart of the Day: Residential rents slip further as landlords battle it out
Luxury flats eroded faster than in 2013.
Commentary
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform