In Focus
ASEAN supply chain shifts a win for Singapore banks
ASEAN supply chain shifts a win for Singapore banks
They will be attracted to the banks’ strong balance sheets and access to USD funding.
Coronavirus scare a boon for online grocery sales and telcos
Reduced outdoor time meant higher demand for online purchases and data streaming.
Coronavirus outbreak afflicts tourism-related stocks in Singapore
Stocks of big players like SIA and Far East Hospitality Trust saw declines in their share prices.
SGX's profit up 14% to $213.3m in H1 FY2020
Equities contributed to over 70% of the exchange’s revenue.
Loan growth and stable asset quality to bring modest growth for Singapore banks
NIM direction and dividend yield will be its key driver for the new year.
Office space leads Singapore's property scene as deal value jumps 53.5% in 2019
It was led by the sale of Chevron House, which was bought at $1.03b.
Appetite for land subsides after en bloc fever dissipates
Developers will likely maintain a low supply in H1 2020 as they are waiting for the private home demand to grow.
Property auction listings surge as mortgage defaults hit owners in 2019
The number of listings under mortgagee sales sharply rose 61.13% to 630 in 2019.
Fewer IPOs but higher proceeds for Singapore in 2019
Total proceeds rose fourfold to $3.13b from $730m in 2018.
Property investment sales down 10.6% YoY to $30b in 2019
Fewer collective sales during the year drove the decline in sales value.
SGX daily average value rose 15% to $960m in December
REITs and property trusts took up almost a quarter of the value.
How Senoko Energy brings tech innovation in Singapore's power sector
They recently launched an SGQR code for bills payment.
Payment performance further weakened in Q4 2019
The retail sector saw the highest increase in delayed payments.
Credit costs to weigh on banks in 2020
Combined with shrinking NIMs, this will burden bank earnings.
Top ten manufacturing stocks averaged 48% total returns in 2019
AEM Holdings leads the pack with a 154% full-year total return.
Singapore's most influential lawyers aged 40 and under for 2019
They specialise in various areas such as dispute resolution, restructuring and insolvency, M&A, amongst others.
iEdge SG Real Estate 20 Index posted total return of 20.2% YTD
The best-performing stock amongst the constituents is Mapletree Logistics Trust.
Commentary
SG60: What the next 10 years have in store for Singapore’s investment landscape