News
Singapore manufacturing shrank 0.2% in September
Singapore manufacturing shrank 0.2% in September
All clusters contracted except for transport engineering and precision engineering clusters.
Grab's prepaid cards goes up against payment giants Tencent and Alibaba
But its link with MasterCard would be its boon in the field, analysts said.
HDB resale applications jumped 21.6% to 7,063 in Q3
Transactions for HDB four-room were highest with 2,828 units involved.
Office rentals rose 2.5% amidst rent increase in Q3
Vacancy rates dropped 0.2% despite the 28,000 sqm net lettable area increase in the stock of office rentals.
Retail rentals fell 1.2% in Q3 as prices kicked up a notch
Retail rent prices increased 0.3% amidst a 26,000 sqm net lettable area decrease in the amount of retail occupancies.
Private home prices moderate to 0.5% growth in Q3
Private condo prices in the CCR rose 1.3%.
Mapletree Commercial Trust NPI up 2.2% to $86.26m in Q2
Gains were backed by higher contributions from VivoCity, MBC I, and MLHF.
Ascendas REIT NPI slipped 1% to $158.9m in Q2
The dip was caused by a one-off reversal of accrued operating expense last year.
UOB profits up 17% to $1.04b in Q3
Net interest income drove earnings up and sharply grew by 14% to $1.6b.
Uber's Lion City Rentals unveils 1-week car rentals
It is rebranding its services to attract more types of drivers.
Sembcorp Marine sank into a $29.76m loss in Q3
It blamed continued low overall business volume.
CapitaLand Commercial Trust NPI climbed 37.3% to $80.40m in Q3
Thanks to contributions from Asia Square Tower 2 and Gallileo which were acquired in November 2017 and June 2018.
CDL buys London office for $687m
It has a net lettable area of 329,200 sq ft with 26 floors.
Chart of the Day: Real estate investment sales crash 34.5% in Q3
The proportion of home investment sales contracted from 61.2% in Q2 to 34.4%.
Daily Markets Briefing: STI down 0.64%
Wall Street's recovery could uplift the local stocks today.
Daily Briefing: DPM Tharman urges Singapore to keep social mobility; Grab app glitch made all rides $6 regardless of destination
And Gilstead Mansion’s en bloc sale relaunch puts price lower by $3m.
STI plunges below 3,000 for first time since January 2017 amidst US tech equities sell-off
Growing concern over US consumer data privacy spooked investors.
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