Singapore

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.

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.

Daily Markets Briefing: STI down 0.01%

DBS led the gains amongst top active stocks after it grew 0.32%.

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.