News
Half of Singapore online businesses lament regulatory barriers in expansion: survey
Nearly 40% spent $68,800 to $137,800 on compliance per year.
Half of Singapore online businesses lament regulatory barriers in expansion: survey
Nearly 40% spent $68,800 to $137,800 on compliance per year.
Daily Briefing: Ofo faces suspension after breaching multiple regulatory requirements; Sunseap buys minority stake in Australian solar construction firm Todae Solar
And Tampines Avenue 10 executive condominium site receives seven healthy bids from developers.
Chart of the Day: iEdge SG All Healthcare Index hit -3.3% return in 2018
The top performing constituent is Top Glove which saw its returns hit 40.6% in 2018. This chart from the Singapore Exchange (SGX) shows that the iEdge SG All Healthcare Index saw a total return of -3.3%. This is compared to the total returns of -6.5% for the Straits Times Index (STI), -3.2% for the MSCI Asia Pacific Health Care Index, and -16.5% for the MSCI Asia Pacific ex-Japan Health Care Index. According to SGX, the five best-performing constituents of the iEdge SG All Healthcare Index include Top Glove Corp (+40.6%), Camsing Healthcare (+19.5%), Aoxin Q & M Dental (+10.5%), Pharmesis Intl (+8.7%), and Riverstone Holdings (+7.9%). In 2018, SGX noted that the five healthcare plays have averaged a total return of +8.6%, bringing their three-year and five-year total returns to -3.5% and +63.3%, respectively.
Daily Markets Briefing: STI up 0.52%
Wall Street's gains could buoy local sentiment.
Kampong Java Road residential site clinched for $418.38m
However, last year's cooling measures may have resulted in its subdued land rate of $1,192.
SIA passenger load factor up 0.3 ppt to 85% in December
Cargo load factor slipped 3.5 ppt.
Midtown Development puts $562m price tag on Club Street hotel site
The winning bid is $62m higher than United Venture Investments' $500m offer.
Grab forms joint venture with ZhongAn to offer digital insurance products
The firms aim to provide its products to uninsured consumers through Grab’s mobile app.
Chart of the Day: Big ASEAN value stocks hit 36.1% in total returns over the past 3 years
DBS held a market capitalisation of $62.4b.
SGX urged to relook rules allowing Mainboard companies to transfer to Catalist
Increased transfers to Catalist could harm the liquidity and valuation of firms already listed on the board.
Daily Markets Briefing: STI up 1.22%
Gains on US stock markets could see positive local sentiment.
Daily Briefing: 900 HDB flat buyers cancelled their BTO bookings in 2018; Hawker centres are struggling with the new social enterprise model
And F&B firm GD Group slapped with a $94,500 fine for false salary declarations.
SPH's overseas assets to play a key role in boosting profits: analysts
Its first UK purpose built student accommodation contributed $6.3m to its profits.
New private home sales dropped 50.1% to 601 units in December 2018
Developers launched a mere 101 units in December compared to November’s 1,341.
Sultan Plaza to launch en bloc sale for $380m
The 244-unit development sits on a sizeable land area of approximately 52,471 sqft.
SEEDS Capital inks tie ups to inject $90m for agrifood tech startups
They will provide up to $4m per startup.
ST Engineering's marine arm clinched $560m worth of new contracts in Q4 2018
This includes a contract for the construction and maintenance of patrol boats for the Singapore Police Coast Guard.