News
Are MNCs in Singapore auditing their global offices?
Only a quarter feel confident that their overseas units are legally compliant.
United Hampshire US REIT's IPO subscribed 3.2 times
Its placement tranche received indications of interest exceeding $307.36m.
Returns of top 20 stocks dropped 3.8% YTD
Stocks were hit by the 30% fall in crude oil price.
AIA Singapore's 2019 operating profit hikes 6% to $813m
Total weighted premium income rose 8% to $4.07m.
OCBC launches cheque encashment service in select ATMs
Customers will be able to encash up to $30,000 in a single cheque in ATMs at 23 branches.
StarHub buys 88% stake in ICT firm Strateq for $82m
The acquisition will be completed in H1 2020.
Unitholders greenlight FLT and FCOT merger
They also approved the payment of all fees and expenses relating to the proposed merger.
Wirecard to process GrabPay transactions for MSMEs
It will also expand GrabPay to more merchants.
Daily Briefing: Hotels roll out staycation packages; Automation startup Novocall raises $700,000 seed funding
And Credence Partners has launched its first venture capital fund.
Daily Markets Briefing: STI down 1.72%
SGX saw the sharpest decline amongst top active stocks with a 3.7% fall.
Chart of the Day: Mall carpark vacancies subside weeks after DORSCON row
The worst may be over for retailers and retail REITs.
AllRites expedites the film rights acquisition process
Its platform will shorten the month-long process to a day.
Spacetech firm Aliena strengthens satellites and their accessibility
It gives satellites longer lifetimes that conventional thrusters cannot handle.
Can aged care assets buoy Singapore Press Holdings?
Its acquisitions in Japan and Canada would enlarge its recurring income base.
PropNex's salesperson count jumped 12.5% in 2019
Its headcount grew in line with profits, which jumped over three-fold in Q4 2019.
Condo rents up 3.3% in February
Volumes also rose as some contracts were inked before the COVID-19 outbreak.
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