News
Daily Markets Briefing: STI up 1.29%
Daily Markets Briefing: STI up 1.29%
CapitaLand led the gains amongst top active stocks with a 2.54% expansion.
Nearly 9 in 10 R&D professionals bullish about future of product development
Respondents cited the government’s support and clear direction that will boost R&D.
Serviced residence operations could shield ART from coronavirus' impact
The longer length of stay compared to hotels could provide a buffer to occupancy declines.
Digital health startup Gmedes launches delivery app for routine medications
The G-MEDS app will allow same or next day delivery of medicines.
Travel ban from China may impact Orchard Road malls
Chinese visitors spent more on consumables compared to the average visitor.
Budget deficit could widen to 2.3-2.6% of GDP amidst nCov dilemma
The government is expected to provide a wider expansionary budget to prop up businesses.
Grab buys robo-advisory startup Bento
It will be rebranded as GrabInvest to offer cash management solutions.
January PMI up 0.2 points to 50.2
New orders, new exports, output, inventory and finished goods continued to improve.
Daily Markets Briefing: STI down 1.19%
DBS saw the sharpest decline amongst top active stocks with a 1.85% fall.
Daily Briefing: Hotels with 2019-nCoV cases to get financial aid; MacPherson Road industrial building sold for $88m
And digital identity software provider GTRIIP bags Series B funding.
Chart of the Day: Construction sector headcounts rose by 12,800 in 2019
The figure reversed three years of decline.
Aqua Munda extends submission of bids for Hyflux's creditors to 22 February
The resignation of WongPartnership as Hyflux’s counsel prompted the extension.
Singaporeans show low level of enthusiasm at work
The city fell behind India, Thailand and Hong Kong in terms of employee engagement.
Business conditions in services sector to get worse in H1 2020: survey
Accommodation, retail and F&B industries are expecting lower demand.
Grab co-founder and SEA Group CEO appointed as EDB board members
Their appointment has been effective starting 1 February.
Coronavirus outbreak to drag on Singapore banks' loan growth and earnings
Asset quality could weaken if the outbreak would continue to persist in the coming months.
Ascendas REIT's NPI up 8.5% to $182.3m in Q3
Its logistics assets in the UK led has the most contributions.
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