Singapore
Yanlord collected $567.5m pre-sales on three apartment launches in China
Yanlord Gardens sold the most number of units at 209.
Yanlord collected $567.5m pre-sales on three apartment launches in China
Yanlord Gardens sold the most number of units at 209.
SATS issues $200m fixed rate notes
The notes have a fixed coupon rate of 2.88% per annum and are payable semi-annually.
Doctor Anywhere bags $38.44m Series B funding
It plans to expand its platform to more markets this year.
Ascendas Reit buys 25% stake in business park property for $102.91m
The property has a gross floor area of 68.835 sqm.
HDB resale price held steady in Q1
The pandemic may have negated the positive growth in the recent months.
Daily Markets Briefing: STI up 2.69%
Singtel led the gains amongst top active stocks with a 4.96% growth.
Daily Briefing: Securing grocery deliveries get difficult amidst COVID-19; Fintech startup MatchMove buys stake in e-commerce solutions provider
And agrifood tech firm DiMuto raises undisclosed funds from venture capital studio Latin Leap.
Are landed properties in Sentosa good opportunities in this Covid-19 crisis?
Sentosa Cove was launched with much fanfare in 2005. Back then it was positioned as a destination for the rich and famous, and property prices were mind-blowingly high. To give you an idea of how high prices were, the most expensive landed unit in Sentosa was transacted at $39m in February 2012 for a 148sqm detached house along Cove Drive. In terms of highest $psf, the highest that was transacted was at $3,214psf in Oct 2012 for a 939sqm detached house along Ocean Drive. Clearly, the days of such astronomical prices are far behind us.
MAS, finance associations float support packages for individuals and SMEs
It aims to support SMEs with continued access to bank credit and insurance cover.
Singtel raises $2m for COVID-affected groups and frontliners
The group will provide care packages to support consumers and SMEs.
ComfortDelGro Taxi extends rental relief until September
The $80m move will push the business into the red for the fiscal year.
Court hearing for FLT-FCOT merger set on 3 April
FCOT will be delisted on 29 April.
Grab executives to take 20% pay cut
Voluntary employee donations will fund its partner relief initiatives.
Landlords urged to limit retail rents by turnover
This hopes to avoid permanent store closures as the pandemic hit stores’ sales.
Firms slash electric bills as Singapore launches live auctions for packages
On average, savings can hit 30% off the regulated tariff after live auctions were launched.
Daily Markets Briefing: STI down 4.45%
Singtel saw the sharpest decline amongst top active stocks with a 5.84% fall.
Telcos to take a hit from decline in travellers
Roaming revenue may be cut in half due to a decline in tourists.