News
PropertyGuru withdraws Australian IPO
PropertyGuru withdraws Australian IPO
The company stressed that it is not seeking new funds for business operations.
SPH net profit for FY2019 crashes 25% to $150.2m
Media ad revenue slipped 12% YoY to $88.8m for 4Q.
Great Eastern opens new office in Paya Lebar Quarter
The Grade A facility will host 1,400 financial representatives.
Which CEO is Singapore's top media darling?
Piyush Gupta of DBS got the most attention from media outlets.
Suntec REIT's NPI up 3.2% to $58.36m in Q3
Revenue from Suntec City and contributions from 55 Currie Street boosted its growth.
Weak loan growth to hit OCBC's Q3 profits
Loan growth could moderate to 3.2% over higher credit costs.
Mapletree Logistics Trust raises $250m through private placement
The placement was 13 times oversubscribed.
Worker incomes doubled over two generations: MOF
If they were at the same age, a Gen-2 worker would earn $2,800 monthly whilst a Gen-4 worker would get $5,900.
STI posted total return of 6% YTD
Amongst constituents, Thai Beverage has the highest total return of 55%.
Mapletree Industrial Trust's NPI grew 13.3% to $79.9m in Q2
This was due to revenue contributions from new acquisitions.
FCOT NPI fell 7.4% to $82.7m in FY2019
Lower occupancy for Alexandra Technopark and divestment of 55 Market Street dragged it down.
MCT secures $670m green club loan to finance MBC II buy
It marks the company’s first step to green financing.
FCT's NPI up 1.5% to $139.28m in FY2019
This was attributed to property expenses rising 1.7% YoY to $57.1m.
Singapore economy could bounce back in 2020: Fitch Solutions
Hong Kong’s problems could just be Singapore’s lifelines.
3 in 4 Singaporeans won't pay higher bills for 5G
A 5G network isn’t considered palatable due to the high number of players in the market.
Daily Markets Briefing: STI up 0.69%
Keppel Corp led the gains amongst top active stocks with a 14.38% jump.
Daily Briefing: Data-driven VC platform closes $7.5m seed funding; Digital asset exchange ecxx.com integrates with MyInfo
And a Florence Road residential site is up for sale at $13.5m.
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