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Will Singapore ease monetary policy amidst Q2 surprise GDP slip?
An analyst believes the policy easing will come amidst shrinking growth and slowing inflation.
Will Singapore ease monetary policy amidst Q2 surprise GDP slip?
An analyst believes the policy easing will come amidst shrinking growth and slowing inflation.
Keppel O&M on the cusp of recovery with $1.9b contract win YTD
It surpassed the $1.7b new orders secured during the whole of 2018.
Prime US REIT makes trading debut on SGX-ST
It launched the largest IPO YTD by market capitalisation.
Banks' NIM expansion could hit 1-2bp in Q2
Both OCBC and UOB could have a NIM expansion of 2bp during the period.
Daily Briefing: GIC mulls bid for Brussels settlements firm Euroclear; Smart City Kitchens files complaint against Deliveroo and GrabFood
And Thai accelerator Rise forays into Singapore with its corporate AI programme.
Chart of the Day: New condo sales volume could jump 33% in Q2
It was led by new sales in the Rest of Central Region (RCR) area.
Daily Markets Briefing: STI up 0.5%
DBS is the top active stock as it rose 1.18%.
Keppel Corporation profits dropped 39.3% to $356.28m in H1
The lack of en-bloc sales and lower contributions from property trading weighed on its earnings.
SATS Q1 profits down 14.4% to $54.7m
It was hit by lower cargo revenue and the consolidation expenses of its GTR entities.
COE supply to fall by 17.7% for August-October
The quota will fall to 20,850 from 25,347 in May-July.
Can Keppel DC REIT achieve 7% cap rate level?
Some of its acquisitions have been delayed or taken off the market.
Daily Markets Briefing: STI down 0.11%
UOB led the gains after its stock rose 0.23%.
Chart of the Day: Total property investment sales hit $9.8m in H1
Public investment sales dipped by 56.6% QoQ to $957.5m in Q2.
Daily Briefing: Check out investment bankers' salaries at JP Morgan; US VoIP firm 8×8 buys local startup Wavecell for $169.9m
And UOB partners with SG Enable, ARC, MINDS and SPD to boost inclusive hiring in Singapore.
How much petrol can the average Singaporean afford?
He can buy more than an average Hongkonger with a month’s salary.
Singapore to invest $400m in revamping drainage systems
This is expected to mitigate flooding and build up climate resilience.
Cromwell EREIT buys three assets in France for $122.7m
Its portfolio now comprises about 100 properties across Europe.
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