Singapore
Daily Briefing: Pine Grove condo retries en bloc sale for $1.86b; Grab imposes $4 cancellation fee on customers
And Johor will stop buying Singapore's treated water supply.
Daily Briefing: Pine Grove condo retries en bloc sale for $1.86b; Grab imposes $4 cancellation fee on customers
And Johor will stop buying Singapore's treated water supply.
Daily Markets Briefing: STI up 0.24%
The thawing US-China trade tensions may boost local sentiment.
Are retail rents bottoming out?
Rents fell 1% in 2018, marking a slowdown from the 4.7% and 8.3% declines for 2017 and 2016.
Chart of the Day: Single-user factories will make up 64% of industrial property pipeline in 2019
It will make up approximately 11 million sqft in GFA.
Industrial leases leaped 14.6% to 10,473 in 2018
Occupancy rates edged up 0.4 ppt to 89.3% amidst an increase in monthly rents.
Retail investment sales crashed 43.3% to $1.42b in 2018
H2 2018 featured majority stake sales of major suburban malls, including I12 Katong and Westgate.
Keppel unit acquires 269,707 shares in Keppel Infrastructure Trust
Each share was priced at $0.47.
DBS rolls out ready-made portfolio with an initial investment of $1,000
It will be available to the banks’ wealth clients.
Jardine Matheson profits crashed 56% to US$1.73b in 2018
It was hit by restructuring charges from Dairy Farm’s Southeast Asia Food business.
Citi enables credit card spend on recurring, big-ticket items
Users can use PayAll for rent and education and earn rewards.
First Resources' profits dipped 12.9% to $162.3m in 2018
Growth in production volumes outweighed overall sales volumes during the year.
Malaysian theme park developer Sim Leisure Group debuts on Catalist at $0.17 apiece
The firm has a market capitalisation of about $30m.
City Developments buys UK freehold site for $27.5m
It plans to develop a 664-unit build-to-rent residential project at the 193,752 sqft site.
URA launches Clementi Avenue 1 residential site for sale via public tender
The 16,542.7 sqm site can potentially yield 640 residential units.
More than half of Singapore's CFO are willing to hire ‘job hoppers': poll
Job hopping is more prevalent in the finance and accounting industry.
Half of Singapore and Hong Kong investors believe the economy will improve in the next three months: survey
However, a global recession is expected in H1 2020.
GIC helped crypto exchange Coinbase raise US$300m: report
The funding boosted Coinbase’s valuation to US$8b.
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