News

HDB inks deals to develop cooler and smarter homes

The trials for cooling innovations in HDB flats will start in Q1 2020.

HDB inks deals to develop cooler and smarter homes

The trials for cooling innovations in HDB flats will start in Q1 2020.

Mapletree Industrial Trust's NPI grew 12.2% to $77.92m in Q1

New revenue contributions from 18 Tai Seng and 30A Kallang Place drove up earnings.

Frasers Centrepoint Trust NPI down 1.1% to $34.6m in Q3

The absence of property tax refund hit income.

Daily Markets Briefing: STI up 0.47%

KeppelCorp led the gains with a 1.08% rise.

Inflation down to 1.2% in June

The fall was partially because of a steeper decline in electricity and gas prices.

Co-living operator Hmlet raised US$40m in Series B funding round

It will be used for further expansion in Singapore, Hong Kong, and Sydney.

Mapletree Logistics Trust NPI climbed 18.2% to $106.1m in Q1

The redevelopment of Mapletree Ouluo Logistics Park Phase 1 boosted income growth.

CapitaLand Mall Trust NPI up 10.9% to $273.25m in H1

The Westgate acquisition in November 2018 boosted half-year earnings.

Frasers Commercial Trust NPI slipped 3% to $19.75m in Q3

It was hit by higher property tax expense for Alexandra Technopark.

SATS profits could drop by up to 3% amidst weakening cargo volumes

That said, its food solutions division could ride on the 2020 Olympics.

A*STAR inks collaboration deals to develop digital solutions for smart cities

Surbana Jurong will incorporate technologies commercialised by A*STAR’s SME and startup licensees.

Daily Briefing: Cocoon Capital raises US$22m seed fund; Startup Trax becomes Singapore's second unicorn

And the number of babies born in Singapore fell to an eight-year low in 2018.

Daily Markets Briefing: STI down 0.61%

DBS is the top active stock as it fell 0.23%.

Chart of the Day: 3,415 hotel rooms expected to be completed from 2019-2022

This represents muted growth in supply at 4-year CAGR of 1.3%.

Fintech startup soCash raises $8.17m in Series B funding round

The funds will be used to expand into Malaysia, Indonesia, and Hong Kong.