Singapore
HDB resale volume plunged 78.1% to 423 deals in April: SRX
An analyst noted that this could be the lowest sales volume ever recorded.
HDB resale volume plunged 78.1% to 423 deals in April: SRX
An analyst noted that this could be the lowest sales volume ever recorded.
SingPost's post-tax profit jumped 228.8% to $88.28m in FY2020
The increase is attributable to the absence of losses from US businesses.
Manulife US REIT's occupancy rate widened to 96.5% in Q1
The REIT executed 147,000 sqft of leases, which is 3.2% of its portfolio by NLA.
Mauritius court appoints liquidator for Singtel's HOOQ
This comes after HOOQ commenced a creditors’ voluntary liquidation on 27 March.
OCBC's Q1 profit plunges 43% YoY to $698m
Banking and insurance operations suffered tremendous losses.
Daily Briefing: NEA rolls out $1.76m food waste fund; Fund managers may now tap into stay-at-home talent
And Mustafa Centre reopens supermarket after month-long closure.
Do fintechs need better marketing strategies?
Singapore now houses hundreds of fintech companies, ramping up competition.
Chart of the Day: Prices of long tenure multiple-user factories up 2.1% in Q1
The industrial property segment saw very slight changes in median prices.
DBS launches cashless purchasing card for the logistics sector
The DBS P-Card will provide digital solution for payments and collections.
NetLink's profit up 1% to $78.1m in FY2020
The increase is driven by higher revenue from residential and non-residential connections.
MIT could lose 10-20% of tenants if circuit breaker tightens
Its management estimates that 10% might seek rent deferrals.
MAS, SIC, SGX RegCo permit e-sharing of rights issues and take-over files
This will go on until 30 September.
SPH REIT to grant full rental waiver to retail and medical tenants
A rental relief of 30% will be given to eligible office tenants.
Government rolls out temporary relief measures for property developers
It extended the completion period of residential, commercial and industrial projects.
Home prices may further drop in Q2
More sellers are likely to move their asking prices down as the circuit breaker extended.
Chart of the Day: Retail property vacancy rate widened to 8% in Q1
The take-up of some of the new retail projects was slow during the quarter.
Daily Markets Briefing: STI up 0.75%
SIA saw the sharpest decline amongst top active stocks with a 25.55% fall.
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