Singapore
Daily Briefing: Singapore and Malaysia agree to extend deadline on RTS link construction; Travel tech firm Sabre Corp unveils APAC HQ at Paya Lebar
And Online B2B platform Eezee gets undisclosed seed fund from Insignia Ventures Partners.
Daily Briefing: Singapore and Malaysia agree to extend deadline on RTS link construction; Travel tech firm Sabre Corp unveils APAC HQ at Paya Lebar
And Online B2B platform Eezee gets undisclosed seed fund from Insignia Ventures Partners.
Daily Markets Briefing: STI down 0.18%
DBS led the gains amongst top active stocks after it grew 0.4%.
Duxton Hill shophouses up for sale at $11m
The property has a combined land area of 2,161 square feet.
CCCS sets out price transparency guidelines
It will require suppliers to include mandatory fees in the headline price.
Court approves Hyflux's two-month debt moratorium extension
It has been extended to 02 December.
SATS to sell 30% stake in Taj Madras Flight Kitchen for $3.5m
The move aims to simplify their shareholding structures.
IKEA Singapore revenue hit $341m in FY2019
IKEA Southeast Asia revenue grew by 20% to $1.21b for the same period.
Boustead may launch REIT in 2020: analyst
BP's June portfolio occupancy is slightly higher than the average industrial REIT.
SIAS clears position on Hyflux restructuring deal
The association clarifies that it is not backing the deal “at this stage”.
Signature by Regus expands to Singapore
The space has 134 offices, 64 desks, and open coworking areas.
The future of retail is Unified Commerce
Retailers across the globe are reinventing the digital and physical retail experiences to cater to the modern and technology savvy customer. Facial recognition payments, service robots and digitised aisles are just some of the avenues retailers are looking into. We’re also seeing more e-commerce businesses expanding into the physical space in their own ways. According to Statista, Singapore’s e-commerce market is expected to grow at an annual rate of 14.9%, and will continue its ascent to US$8.6m by 2023. With the expansion of e-commerce, brick-and-mortar retailers are scrambling to find a middle ground between the online and digital realms as they face increased pressure and competition from their digital competitors.
Companies with data centre exposure hit average total return of 31.6% YTD
Keppel DC REIT leads the pack with returns of 54%.
Daily Markets Briefing: STI down 0.01%
DBS led the gains amongst top active stocks after it grew 0.32%.
Chart of the Day: Average selling price of OCR homes hit $1,433 psf in Q2
Treasure at Tampines sold 168 units.
Daily Briefing: Tech roles account for a third of bank vacancies; Republic Plaza relaunched after $96.7m AEI
Keppel Land China buys $95.3m industrial property in Shanghai.
SingPost launches model for smart stamp, letterbox system
The company hopes to optimise its post delivery service.
Ascott buys $192m serviced home in Sydney
This, along with 13 more properties, brought the company some $10b in asset value.