Singapore
Genting Singapore will likely recover in H2: analysts
The firm still has an attractive valuation relative to regional gaming peers.
Genting Singapore will likely recover in H2: analysts
The firm still has an attractive valuation relative to regional gaming peers.
Industrial property rents continue to ease in H2
Factory, warehouse, and logistics properties saw a drop in average monthly gross rents for the period.
Retail rents tipped to remain flat in 2020
Easing of new supply pipeline in 2020-2024 could buoy rents.
Wing Tai Holdings' profits surged 79% to 32.82m in H1
Contributions from Le Nouvel Ardmore added to the group’s $18m operating profit.
Bank of Singapore hires Celine Le Cotonnec as chief data officer
She will spearhead the bank’s data strategy and innovation efforts.
Most traded healthcare stocks averaged total returns of 36.2% YTD
Medtecs Internartional came out top with a 197% surge in total returns.
Genting Singapore 2019 profits dipped 9% to $688.6m
Its EBITDA fell 3% YoY to $1.19b.
Singtel's Q3 profit dropped 24% to $627.2m
It was blamed on weakness in the enterprise business and lower exceptional gains.
Budget 2020 to include economic package to counter COVID-19
The package aims to help workers stay in their jobs.
Grab to launch GrabCare transport service for healthcare workers
The service will start running on 14 February to hospitals NCID and TTSH.
China Life Singapore to allot up to $88,600 for nCov support
A policyholder will receive a lump sum payment of $800 (US$577) if diagnosed.
Standard Chartered co-launches digital payments firm
The new firm will manage transactions across multiple payments types.
DBS Group's profits up 14% to $6.39b in 2019
A 17% growth in fee income boosted total income in Q4.
Strata retail sales down 14.4% to $341.1m in 2019
The number of transactions was down to 203 caveats lodged.
Would Singapore be able to move past its contracting economy?
It is expected to attract more FDIs, according to Tricor Group CEO Lennard Yong.
Chart of the Day: Shophouse sales fell 29.8% to 118
Shophouse owners were unwilling to cut their asking prices due to limited supply.
Daily Markets Briefing: STI up 1.51%
OCBC Bank led the gains amongst top active stocks with a 2.32% expansion.
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