News
CapitaLand Mall Trust NPI up 10.9% to $273.25m in H1
CapitaLand Mall Trust NPI up 10.9% to $273.25m in H1
The Westgate acquisition in November 2018 boosted half-year earnings.
Frasers Commercial Trust NPI slipped 3% to $19.75m in Q3
It was hit by higher property tax expense for Alexandra Technopark.
SATS profits could drop by up to 3% amidst weakening cargo volumes
That said, its food solutions division could ride on the 2020 Olympics.
A*STAR inks collaboration deals to develop digital solutions for smart cities
Surbana Jurong will incorporate technologies commercialised by A*STAR’s SME and startup licensees.
Daily Briefing: Cocoon Capital raises US$22m seed fund; Startup Trax becomes Singapore's second unicorn
And the number of babies born in Singapore fell to an eight-year low in 2018.
Daily Markets Briefing: STI down 0.61%
DBS is the top active stock as it fell 0.23%.
Chart of the Day: 3,415 hotel rooms expected to be completed from 2019-2022
This represents muted growth in supply at 4-year CAGR of 1.3%.
Fintech startup soCash raises $8.17m in Series B funding round
The funds will be used to expand into Malaysia, Indonesia, and Hong Kong.
Will Singapore ease monetary policy amidst Q2 surprise GDP slip?
An analyst believes the policy easing will come amidst shrinking growth and slowing inflation.
Keppel O&M on the cusp of recovery with $1.9b contract win YTD
It surpassed the $1.7b new orders secured during the whole of 2018.
Prime US REIT makes trading debut on SGX-ST
It launched the largest IPO YTD by market capitalisation.
Banks' NIM expansion could hit 1-2bp in Q2
Both OCBC and UOB could have a NIM expansion of 2bp during the period.
Daily Briefing: GIC mulls bid for Brussels settlements firm Euroclear; Smart City Kitchens files complaint against Deliveroo and GrabFood
And Thai accelerator Rise forays into Singapore with its corporate AI programme.
Chart of the Day: New condo sales volume could jump 33% in Q2
It was led by new sales in the Rest of Central Region (RCR) area.
Daily Markets Briefing: STI up 0.5%
DBS is the top active stock as it rose 1.18%.
Keppel Corporation profits dropped 39.3% to $356.28m in H1
The lack of en-bloc sales and lower contributions from property trading weighed on its earnings.
SATS Q1 profits down 14.4% to $54.7m
It was hit by lower cargo revenue and the consolidation expenses of its GTR entities.
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