News
OCBC seeks partner for securities venture in China
OCBC seeks partner for securities venture in China
The move complements its goal of doubling pre-tax profit from Greater Bay Area to $1b by 2023.
Singapore's private banks hold steady amidst industry rout
The AUM of Bank of Singapore rose 3% to US$102b.
Ascendas Property raises total note issuance from $500m to $1.5b
The firm has also entered into a supplemental trust deed with DBS Trustee.
Keppel O&M gets go-ahead to start conversion works for $1.28b FLNG project
The Gimi floating liquefaction vessel is designed to produce 2.5 million tonnes of LNG per annum.
Singapore NODX fell 11.7% in March
Both electronic and non-electronic exports weakened.
SPH buys UK student dorm portfolio for $237m
The portfolio spans three cities and has a total capacity of 1,243 beds.
Singaporeans' inflation expectations edged up to 3.1%: poll
Expectations across all categories of CPI-All Items inflation moved up QoQ.
2 in 5 firms fail to act on customer feedback: survey
Meanwhile, 10% of companies ignore feedback entirely.
Chart of the day: Auction listings skyrocketed 103.4% in Q1
Homeowners who found it difficult to dispose of properties following July's cooling measures turned to auction listings.
Daily Markets Briefing: STI up 0.19%
Expect muted gains today.
Daily Briefing: Grab to inject GrabFood into ride-hailing app; UOB bags $242m loan for Japan buy
And MOM eyes broadening its Adapt and Grow initiative.
SPH REIT's Q2 results get boost from Australia buy
It bought 85% of Figtree Grove Shopping Centre at a post-cost yield of 5.7%.
Property investment sales dropped 52% to $5.3b in Q1 2019
The 82% YoY drop in residential investment sales contributed the most to the decline.
STB ties up with Alibaba for Chinese traveller analytic tools
The collaboration aims to boost Chinese visitor arrivals and spending.
Hyflux sues would-be white knight SM Investments for ditching restructuring deal
The water firm is also claiming a $38.9m deposit placed into escrow.
Keppel Infrastructure Trust sinks into the red with $16.21m loss in Q1 2019
The $775m acquisition cost of Ixom hit profits hard.
DBS inks Belt and Road deal with Sinosure
Insurance firm Sinosure will provide credit insurance for DBS financing activities.
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