News
Chart of the Day: Manufacturing sector headcounts dropped by 3,000 in 2019
Employment figures fell in tandem with the sector’s GDP.
Chart of the Day: Manufacturing sector headcounts dropped by 3,000 in 2019
Employment figures fell in tandem with the sector’s GDP.
Daily Briefing: SIA, Scoot to cut capacity on China-bound flights; Travel agencies suspend trips to China
And Singapore’s Professional Conversion programme extends training to 1,000 more PMETs.
Daily Markets Briefing: STI down 0.53%
Singtel saw the sharpest decline amongst top active stocks with a 2.08% contraction.
Five healthcare firms join 100 most active stocks amidst nCov outbreak
Medtecs International Corporation’s rank skyrocketed from 268 in 2019 to 39 in 2020 YTD.
OUE C-REIT's NPI leapt 48.3% to $204.95m in 2019
The growth was mainly attributed to the company’s merger with OUE H-trust.
SIA and Japanese airline ANA ink JV deal
The team-up will focus on codeshare flights, mileage programmes and lounge access.
Hyflux appoints Clifford Chance and Cavenagh Law as legal advisors
The water treatment firm expressed loss of “confidence and trust” in WongPartnership.
Singapore's economy likely to be amongst the worst-hit by Wuhan virus
Tourism-related sectors will be the most affected.
Singapore wealth firm GIC buys 30% stake in Myanmar's Yoma Bank
GIC injected $88.7m in a latest funding round along with Norwegian private equity firm Norfund.
Daily Briefing: Businesses urged to make continuity plans over nCov spread; Deen Express ordered to explain price surge of masks
And US-based dating app The League enters Singapore. From Human Resources Online:
Chart of the Day: Multiple-user factory space prices jump 1.2% QoQ
Other regions recorded drop in prices.
Daily Markets Briefing: STI down 0.37%
CapitaLand saw the sharpest decline amongst top active stocks with a 1.9% contraction.
Total employment grew to 55,200 in 2019
The services industry saw the most expansion in local employment.
Singtel's Thai associate to pay $1.4b over dispute
Amended terms in a service agreement allegedly resulted in lost earnings for telecom company TOT.
Tighter alcohol regulation in Vietnam could worsen ThaiBev's sales
The new drink-driving law already caused beer sales in the country to drop 25%.
CDL Hospitality Trust's NPI dipped 3.3% to $141.16m in 2019
It saw full-quarter contributions from its rebranded Raffles Maldives Meradhoo.
Starhill Global REIT's NPI fell 5.9% to $37.2m in Q2
The contraction was attributed to the enhancement works of the Starhill gallery in Malaysia.