News
Singapore savings bond oversubscribed for $172m
Singapore savings bond oversubscribed for $172m
Investors that applied for over $41,500 may not get a full allocation.
Singapore's import and export price indices rose in 2017
Import prices increased 5.8%, whilst export prices were up by 2.9%.
Singapore's domestic supply price increased 7% in 2017
This was highly driven by a 29.4% increase in oil prices.
3 in 5 workers willing to take contract roles
But only if they couldn't find the right job options.
Private condo prices crept up 0.6% in December
This is softer than the 1.6% growth in November.
Freehold residential site Wilshire sold for $98m
It was sold to a joint venture led by Roxy-Pacific Holdings.
Over half of SMEs uninterested in expanding overseas
Four in ten said they don't have funds to do so.
Watch out for more commercial property deals in 2018
The sale of a Beach Road commercial site for $1.62b led the deals in Q4.
Ascott Residence Trust's unit revenue grew 5% in 4Q2017
This was highly driven by a RevPAU growth of 22% in Belgium.
CDL Hospitality Trusts' room revenue rose 1.1% in 4Q2017
This was due to the 1.2% YoY increase to $186 in average daily room rate.
Singapore's overseas property investments surged 40% to $37.18b
It also rose to become the largest investor in the US market.
Ascott to increase global portfolio to 160,000 units by 2023
It plans to expand properties in China, Malaysia and Philippines.
Iceberg Research slams Noble debt restructuring deal
It urged creditors to "demand tougher conditions" and reject Noble's plan.
Daily Markets Briefing: STI down 0.15%
Expect some gains today.
Daily Briefing: Temasek unit invests in Israeli cybersecurity startup; Sim Lim Square shop attracts cryptocoin miners
And here's why over-diversifying your investments would do you more harm than good.
Chart of the Day: Number of retrenched workers fell 39% from 5,440 to 3,300 in Q4
The number of retrenched permanent employees hit 3,000.
A third of workers expect salaries to climb 3-6%
Fortunately, nearly half of employers also intend to raise salaries by 3-6%.
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