Singapore
Returns of China-focused S-REITs down 23% in March YTD
CapitaLand Retail China Trust led the declines with a 33% drop in returns.
Returns of China-focused S-REITs down 23% in March YTD
CapitaLand Retail China Trust led the declines with a 33% drop in returns.
Insurtech Gigacover powers caregiving app Homage's benefits programme
Members will gain access to 500 clinics in Singapore through Gigacover’s mobile app.
Revolut brings Apple Pay to Singapore
Users can add their cards to Apple Pay using the Revolut app.
Singapore, Hong Kong, Osaka hailed world's costliest cities for expats
Asian cities continue to have the most expensive groceries.
Sasseur REIT malls re-open with 129% surge in sales
The first-day sales of its Bishan outlet mall soared 228% to $390,910.
S-REITs' stock price plunges 22.4% from January peak
The price carnage mimics the movements seen during the GFC.
Singapore dethrones Hong Kong as freest economy in the world
Citizens of free countries are said to enjoy incomes more than double the global average.
Genting Singapore cuts pay for directors and managers
Non-executive directors will see a 15% reduction in fees.
OCBC's growth dampened as US Fed cuts rate
NIM forecast has been slashed to 1.68% as NPL ratio could rise to 1.9%.
Hyflux to hold scheme meeting on 22 April
An individual from EY Corporate Advisors will act as the chairperson of the meeting.
Singapore leads Asia on overseas recruitment
Skill shortage remains a driving force for expatriate-hiring.
SIA halves capacity
They also stated that further capacity cuts are underway.
Pandemic won't topple the hotel sector in the long term: analyst
Occupancy rate climbed to 87.1% in 2019 compared to the 10-year average.
Daily Markets Briefing: STI down 1.65%
DBS saw the sharpest decline amongst top active stocks with a 3.12% contraction.
Chart of the Day: Mortgagee sales value jumped 25.3% to $38.5m in 2019
The average ticket size of mortgagee sales almost doubled that of 2018.
Daily Briefing: Government to provide $600m in payouts to employers; Trade Minister assures ample supply amidst Malaysia travel ban
And new private home sales skyrocketed 114.3% to 975 units in February.
Gojek raises $1.7b despite clash with Grab
This gives Gojek the upper hand on the reported possible merger with Grab.
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