News
Singapore's GIC to buy Tokyo office tower for $1.6b: Reuters
Singapore's GIC to buy Tokyo office tower for $1.6b: Reuters
Japan’s biggest property transaction since the GFC.
Weakest link: Electronics cluster still in the slump amid 3.3% growth in Singapore’s industrial production
All other clusters are improving.
SGX reduces securities board lot size
From 1000 to 100 units, starting January 2015.
Singapore-listed firms' earnings growth up at 8.8% for FY15
But risks still abound.
MAS launches cross-border Collective Investment Scheme framework for retail investors
CIS can now be sold across Singapore, Malaysia and Thailand.
Ascott Residence Trust grabs $174m in foreign properties
Bright outlook up ahead.
Daily Markets Briefing: STI up 0.1%
Expect more good news today.
Chart of the Day: See the slump in car prices that drove CPI lower
Due to lower COE premiums.
Daily Briefing: MDA drops self-regulation arts scheme; BOC orders 82 Boeing planes
And alleged “Messiah” hacker receives 105 more charges.
Unit labour costs jumped 4% in Q2 amid higher wages and weak productivity growth
Productivity gains won’t be large enough to counter rising wages.
Discover how much Thai tycoon Charoen Sirivadhanabhakdi is likely to pay for OCBC’s UEL shares
He’s a savvy investor who will not overpay for assets.
Around $387m in late and overdue taxes recovered in FY14: IRAS
There were over 15,000 non-compliant taxpayers.
Singapore July inflation eases to 1.2% on back of lower private transport costs
Accommodation and food costs also fell.
SIA’s Vistara unlikely to be profitable in the coming years, analysts caution
India’s 5/20 rule remains a big concern.
Emergency warning: Raffles Med braces for headwinds as number of new hospitals surge
Its price gap with leading hospitals has narrowed to less than 10%.
New Municipal Services Office to open on Oct.1: MND
It’s set to improve municipal service delivery.
Chart of the Day: Take a look at the country’s surging private home vacancy rate
There is a total of 297,998 vacant private homes island-wide.
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Commentary
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