News
Retail property price rise 2.3%, rentals dip 4.5% in Q3
Retail property price rise 2.3%, rentals dip 4.5% in Q3
Stock retail space took a plunge from a previous increase.
MOF grants $810m in WSP to 470,000 lower-income Singaporean workers
Remaining $1,500 in WSP to be given out in October; additional 70,000 workers will receive $3,000.
MPA, partners to produce 1000 traineeships, attachments in the maritime sector
Opportunities are in automation, digitalisation and supply chain integration.
MAS bans ex-BSI Bank rep over $6.79m ‘secret profits' from 1MDB
Swampillai also made deliberate misrepresentations to 1MDB’s auditors.
Goldman Sachs to pay US$122 over 1MDB scandal
They will also pay US$2.3 billion to the US government.
Daily Markets Briefing: STI up 0.11%
Wilmar Intl led the gains amongst top active stocks with a 1.42% climb.
Daily Briefing: STB, Airbnb Experiences unveil virtual tourism platform; Startup Cavago aims to be the Airbnb for horse-riding community
And Costa Rican firm OMNi aims to bring electric motorcycle-sharing to SG.
Most Singaporeans to immediately divest equities in market downturn
But they may have lost up to 18% of gains by jumping the gun.
Retail rents tipped to fall up to 15% in 2020
Rental gap between suburban malls and in Orchard will continue to narrow.
Keppel DC REIT NPI up 47.6% to $62.37m in Q3
DPU for the quarter is 2.357 cents, more than 22% higher than in Q3 2019.
NTU ranks 38th globally in 2020 US News & World Report university rankings
The university also placed first internationally in three subjects.
CapitaLand Mall Trust NPI down by 27.6% to $104.4m in Q3
However, DPU was 1.3% higher over the same period.
DBS pilots online tracker for cross-border corporate collections
Clients in Singapore and Hong Kong will be the first to try the service.
Daily Markets Briefing: STI down 0.12%
CityDev saw the sharpest decline amongst top active stocks with a 7.21% contraction.
Daily Briefing: Dalio grants $33.95m to train asset managers. policymakers; How SGInnovate will further support deep tech
And COE prices close mixed in latest bidding exercise.
CMT to be renamed CapitaLand Integrated Commercial Trust
The trust scheme for the CMT, CCT merger became effective today.
SIA resumes flights to New York
Flights will operate three times weekly beginning 9 November.
Commentary
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