News
Chart of the Day: Services sector layoffs rose to 7,100 in 2019
The yearly figure was boosted by 1,800 retrenchments in Q4.
Daily Markets Briefing: STI down 0.39%
SGX led the gains amongst top active stocks with a 2.96% expansion.
Daily briefing: Affirma Capital exits Eaton Towers investment; Validus' Vietnam unit partners with agri-food business
And retailers slash their business hours after Singapore raised its DORSCON level to orange.
Retail space vacancy rate hit 7.5 % in Q4
A pickup in malls’ leasing demand countered tha vacancies from the Somerset Subzone.
January SGX volume up 27% to $1.2b
Market turnover value of structured warrants and DLCs surged 94% MoM.
DBS expects $1.4b net profit for Q4 2019: analyst
Quarterly earnings report will be out by 13 February.
NetLink NBN Trust's profit up 9.6% to $21.5m in Q3
Residential connections revenue rose, accounting for 64.1% of the total figure.
Grocery stores rush to steady supply as outbreak alert level rises
FairPrice has already imposed purchase limits to prevent customers from stockpiling.
Condo resale prices up 2.3% in January
RCR condo resale prices led the increase as it grew 2.6%.
Sembcorp industries tapped to build floating solar farm
It will be used to power PUB’s water treatment processes.
UOB shuts China outlets over nCov
A small number of staff will remain in Shanghai and Beijing for customer service.
OUE acquires majority stake in Indonesia-based coffee chain operator
Maxx Coffee will become an indirect subsidiary of the group.
Daily Markets Briefing: STI down 0.58%
Medtecs International led the gains amongst top active stocks with a 7.77% expansion.
Chart of the Day: Construction sector retrenchments fell to 800 in 2019
It took up about 7.5% of all layoffs in Singapore.
SIA Engineering profits rose 1.3% in Q3 to $16.1m
A stronger performance by the parent company expanded quarterly profits.
ST Engineering to form JV with Vietnam Airlines
The JV will focus on providing airframe MRO services.
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