News

Daily Markets Briefing: STI down 0.28%

DBS led the gains as it rose 0.46%.

Singapore to unveil more standards for drones, additive manufacturing and video analytics

These standards discuss safety requirements as well as building inspection guidelines for drones.

Wilmar's YKA IPO could kick off in Q4: analyst

It already received a go-ahead from the Chinese regulator.

Singapore Press Holdings profits dropped 44.1% to $26.2m in Q3

Lower print advertisement and circulation revenue dragged down the company’s performance.

CapitaLand's One Pearl Bank preview lures 4,000 visitors over the weekend

774 units are up for sale with prices starting at under $1m.

Venture Corporation could bank on medical devices and life science segments to drive growth in H2

Its customer Illumina is expected to grow 6%, albeit at a lower rate compared to its previous estimate of 13-14%.

CapitaLand's development pipeline doubles to 13.9 million sqm over Chinese, Indian assets

Its China development pipeline alone has grown 25% to 7.1 million sqm GFA.

Construction sector could grow 3% in 2019

The short-term outperformance of the buildings sector will momentarily propel growth before slowing down in 2020.

Ascott expands portfolio with 26 new properties

It has branched out into six cities such as Atyrau, Yokohama, Seongnam and Hoi An.

Novena Global Lifecare completes $475.4m merger with Xingkeduo

Novena Global Lifecare now has access to Xingkeduo’s AI-based platform and physical network of nearly 100 stores.

Wilmar's proposed China IPO moves forward with subsidiary's Shenzhen listing

There will be an approximate 10% of the total pro-forma share capital of YKA if the CSRC gives it the green light.

Daily Markets Briefing: STI up 0.21%

DBS led the gains as it stock rose 0.66%.

Chart of the Day: Industrial rents down 1% to $1.98psf in Q2

The Kallang, Geylang and Bendemeer cluster saw the largest rental decline to $3.10psf.

Retail sales shrink for fourth straight month in May

Sales fell 2.2% with motor vehicles leading the decline.