News
StarHub and M1 submit joint bid for 5G license
StarHub and M1 submit joint bid for 5G license
This follows an earlier announcement last January 23.
SGX FX futures trading volume hit $175.12b in January
USD/CNH and INR/USD futures both jumped.
Far East H-Trust may reduce rents amidst slowing demand: report
RevPAR is expected to be lowered to -12% over slower occupancies in 1H20.
New home sales surged 41.4% in January: URA
The take-up was led by projects in the RCR.
Fiscal deficit to hit two decade-high in 2020
The economic effects of the COVID-19 outbreak demanded a much bigger stimulus.
SIAEC forms line maintenance JV with Air Innovation Korea
The company will have an initial registration capital of $5.53m.
ComfortDelGro profits fell 12.6% to $265.1m in 2019
This was due to reduction from existing businesses and the negative impact of foreign currency.
ThaiBev's Q1 profit up 14% to $375.63m
Net profit of its beer business skyrocketed 158.4% YoY.
GDP expanded 0.7% in 2019
The slower growth was partly driven by the manufacturing sector contracting 1.4%.
SIA's profits rose 10.8% to $314.8m in Q3
Its passenger revenue expanded 7% to $239m.
GDP growth forecast revised down to 0.5% for 2020
This falls at the lowest end of the earlier official forecast announced last November.
Total merchandise trade down 3.2% to $1t in 2019
This is blamed on oil trade as it fell 13.9% in 2019 amidst lower oil prices.
Daily Briefing: Budget to include package to ease household costs amidst COVID-19; Binance applies for crypto licence
And 72% of internet users in Singapore are mobile gamers.From Channel News Asia:
Chart of the Day: Check out the priciest shophouse deals in 2019
The most expensive deal has an area of 6,262 sqft and was sold for $8,623 psf.
Daily Markets Briefing: STI remained unchanged
DBS led the gains amongst top active stocks with a 0.51% rise.
Financial advisors greenlight FLT and FCOT merger
FLT’s advisors found the merger to be on normal commercial terms.
NetLink sees growth in non-residential and NBAP spaces
It could find demand for point-to-point connections from data centre clients.
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