Singapore
Chart of the Day: FTSE ST Small Cap Index recovers with a 4.9% total returns in January
Along with other regional small cap stocks, it was hit by the rising USD as well as trade tensions.
Chart of the Day: FTSE ST Small Cap Index recovers with a 4.9% total returns in January
Along with other regional small cap stocks, it was hit by the rising USD as well as trade tensions.
Chinese tourists prefer Australia and Singapore over Hong Kong: survey
The survey notes that the SAR does not have sufficient travel and outdoor activities.
Business interruption emerges as top business risk in Singapore
Over 2 in 5 businesses said interruption would have the most impact on their revenues.
The Shoppes at Marina Bay Sands racked in $242.09m in 2018
Its retail tenant sales also jumped 19% YoY to $2,566.95.
Singapore PMI down 0.4 point to 50.7 in January
The growth of new orders, new exports and factory output slowed down.
SBR Asian Business Case Studies Awards 2019 opens for entries
Deadline to confirm participation is on 26 April.
Construction industry to grow 3.3% in 2019-2028 amidst transport megaproject boom
Projects in the pipeline include the Thomson-East Coast Line, Changi Terminal 5, and the new Tuas Mega Port.
Singapore turns to grants to retain older workers
It also offers wage offsets to employers with older workers. Reuters reported that Singapore’s ‘job-redesign’ grant which is geared to uplift companies with older staff have benefitted more than 650 firms that have used up to $300,000 grant since 2016. The government is also offering wage offsets to employers of older workers and a grant to adopt progressive age management practices. “Governments need to look after the needs of their ageing population, and enable older workers to work longer and stay productive,” finance minister Heng Swee Keat said. In most countries, it is left to the private sector to try to keep the experienced workers they need, although Asia’s two other rapidly ageing nations - Japan and South Korea - do provide grants and subsidies to firms for their older workers.
Daily Markets Briefing: STI down 0.13%
DBS led the gains as it rose 0.46%.
Daily Briefing: PM Lee says economy to keep growing amidst challenges; Australian real estate firm LOGOS buys Tuas South industrial property for $585m
And 200,000 childcare places await young families by 2023.
Chart of the Day: 5 largest SG-focused REITs average returns hit 7.3% in January
CapitaLand Commercial Trust recorded a return of 9.1% in January YTD.
Go-Jek's rally may be cut short as drivers lament incentives cut
Incentives were cut from $35-310 to $10-210 as Go-Jek burned through $300m in incentives in a year.
Chart of the Day: Singapore banks' dividend yields tower over ASEAN peers at 5.1% in 2019
Such levels are higher than banks in Indonesia and the Philippines.
Former SMRT CEO Desmond Kuek joins UBS' global wealth management team
Kuek will serve as the bank’s divisional vice-chairman by18 February.
3 in 5 Singaporeans believe fintechs are as trustworthy as banks: survey
Around 13% even believe that fintechs deserve more trust than old-guard lenders.
Singapore police probes Wirecard after report on fraud allegations
An executive in Singapore reportedly used forged contracts for suspicious transactions.
Hyflux's Tuaspring deal gets fifth extension
Maybank approved the further extension from 31 January to 28 February.