Singapore

Chart of the Day: Almost 20,000 HDB units per annum to hit MOP in 2020 onwards

Stable prices in the resale market may drive upgraders to buy a bigger home.

Chart of the Day: Almost 20,000 HDB units per annum to hit MOP in 2020 onwards

Stable prices in the resale market may drive upgraders to buy a bigger home.

New private home sales plunged 53.1% in December to 538 units: URA

Developers held back launches as buyers stayed quiet during the holidays.

MIT buys 10 data centres in North America for $750.1m

Its portfolio now has a total of 27 data centres in the said continent.

Singapore businesses remain hesitant to outsource recruitment

Many organisations only outsource for specific projects or urgent hiring.

Condo rents down 0.9% in December

CCR and OCR condo rents declined 1.7% and 1.1%, respectively.

Singtel's Bharti Airtel closes qualified institutions placement at $8.43 per share

The fundraising was made ahead of paying $6.62b dues to the Indian government.

Venture Corp to have a stable 2020 as Phase 1 deal commences: analyst

The firm has been receiving enquiries regarding new projects outside China. Venture Corporation’s profits will likely benefit from the signing of the Phase One deal, where the US looks to cancel tariffs that were due to come into effect in December 2019, according to a note by CGS CIMB.

Daily Markets Briefing: STI up 0.6%

ThaiBev saw the sharpest decline amongst top active stocks with a 3.37% contraction.

China Taiping floats first universal life plan for HNWIs

Infinite Universal will cover legacy planning, estate planning, and business continuity.

Grade A office rents to see slowest growth in four years

Rents are tipped to grow by only 1% YoY in 2020.

MHC Asia Group believes better health can be created

Their proprietary platform empowers corporates to take control of their organisational health and charges individuals to be their own health crusader.

Air New Zealand offers more flights to New Zealand

New non-stop flight from Singapore to Christchurch and increased capacity of Auckland route.

Condo resale prices rose 1.7% in 2019

The OCR posted the sharpest growth in prices at 2.3%.

SATS bags 25-year cargo terminal concession in Saudi Arabia

The cargo terminal will handle 600,000 tonnes of cargo annually.