News
Tiong Seng bags two home development contracts worth $123.9m
Tiong Seng bags two home development contracts worth $123.9m
They will construct six 12-storey apartment blocks at the Hollandia site.
Singtel's Thai unit wins arbitration dispute
Thai state-owned TOT has previously ordered AIS for additional revenue share in roaming service.
Singapore remains top city for East Asian expats
This is its 15th year holding the crown.
Chart of the Day: Services sector layoffs rose to 7,100 in 2019
The yearly figure was boosted by 1,800 retrenchments in Q4.
Daily Markets Briefing: STI down 0.39%
SGX led the gains amongst top active stocks with a 2.96% expansion.
Daily briefing: Affirma Capital exits Eaton Towers investment; Validus' Vietnam unit partners with agri-food business
And retailers slash their business hours after Singapore raised its DORSCON level to orange.
Retail space vacancy rate hit 7.5 % in Q4
A pickup in malls’ leasing demand countered tha vacancies from the Somerset Subzone.
January SGX volume up 27% to $1.2b
Market turnover value of structured warrants and DLCs surged 94% MoM.
DBS expects $1.4b net profit for Q4 2019: analyst
Quarterly earnings report will be out by 13 February.
NetLink NBN Trust's profit up 9.6% to $21.5m in Q3
Residential connections revenue rose, accounting for 64.1% of the total figure.
Grocery stores rush to steady supply as outbreak alert level rises
FairPrice has already imposed purchase limits to prevent customers from stockpiling.
Condo resale prices up 2.3% in January
RCR condo resale prices led the increase as it grew 2.6%.
Sembcorp industries tapped to build floating solar farm
It will be used to power PUB’s water treatment processes.
UOB shuts China outlets over nCov
A small number of staff will remain in Shanghai and Beijing for customer service.
OUE acquires majority stake in Indonesia-based coffee chain operator
Maxx Coffee will become an indirect subsidiary of the group.
Daily Markets Briefing: STI down 0.58%
Medtecs International led the gains amongst top active stocks with a 7.77% expansion.
Chart of the Day: Construction sector retrenchments fell to 800 in 2019
It took up about 7.5% of all layoffs in Singapore.
Commentary
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