News
Tourism sector to receive tax rebates in 2020
Tourism sector to receive tax rebates in 2020
Property tax rebates of 30% will be given to hotels, serviced apartments and MICE venues.
Top 3 S-REITs' returns hit 26.9% in 2019
These trusts also collected a combined market cap of over $20b.
Great Eastern's profit climbed 36% to $1b in FY2019
Profit from its shareholders’ fund surged 266% to $277m from higher valuation.
NODX tipped to drop 1% in 2020
It could worsen if the COVID-19 outbreak becomes more widespread.
Salary raise for new hires to climb 5-10% in 2020
Companies are expected to be less receptive to salary negotiation.
Daily Briefing: SIA slashes flights; AI firm Eureka bags $27.8m in Series B round
And software company Credify has raised $1.39m in seed funding.
Chart of the Day: Retail property deals soared 204% to $4.1b in 2019
Investor interest as well as M&As drove growth.
Daily Markets Briefing: STI down 0.51%
Singtel saw the sharpest decline amongst top active stocks with a 1.25% contraction.
Singapore to invest $800m in fight against COVID-19
A bulk of this allocation will go to the country’s health ministry.
Budget deficit hit $1.7b in FY 2019
This translates to 0.3% of the GDP.
Malaysia International Business Awards 2020 calls for nominations
Submission of entries ends on 22 May, Friday.
Standard Chartered opens international banking and priority private centre in Singapore
It caters to clients with a minimum AUM of $1.5m.
Souring Vietnam sentiments on beer may hit ThaiBev
The country’s new anti-drunk driving law took its toll on Sabeco’s beer volumes.
Three proposals submitted for 5G rollout
IMDA expects to award the spectrum by mid-2020.
SIA Group's January load factor up 1.4ppt to 84.5%
The year-end holidays boosted the PLF of all of its airlines.
Daily Markets Briefing: STI down 0.22%
ComfortDelGro saw the sharpest decline amongst top active stocks with a 4.13% contraction.
Chart of the Day: Share of posh shophouses sold declined in 2019
Higher-priced units may not appeal to buyers with shorter investment horizons.
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