News
Singapore strata retail sales value slashed by half in H1 amidst COVID-19 woes
The total transacted value dropped to S$67.4m in H2 2020 from S$135m in H2 2019.
Chart of the Day: Freehold strata office sales down 34.1% to $106.2m in H1
Despite the fall in total transaction volume and sales, the average unit prices rose.
Daily Markets Briefing: STI up 1.28%
Medtecs International led the gains amongst top active stocks with a 10.64% expansion.
Daily Briefing: Singapore, Japan to resume essential business travel; Foodpanda, ST Engineering tests drone food delivery
And blockchain accelerator Tribe goes virtual for batch 3.
MAS commits $250m to drive innovation, local talents in fintech
The regulator plans to raise the maximum grant for AIDA project from $1m to $1.5m.
CDL's profit plunged 99.1% to $3.15m in H1
Hotel operations accounted for 82% of the drop in revenue.
SIA Engineering senior management takes on more pay cuts
Cuts on senior vice presidents, executive vice president and the CEO rose to 20%- 30%.
Olam posts 44.4% profit growth to $332.7m in H1
It was thanks to a net exceptional gain of $130.6m from the divestments in Far East Agri.
PropNex's profit spiked 96.1% to $7.26m in Q2
Revenue also rose thanks to increased commission income from project marketing services.
United Hampshire US REIT's NPI hit $15.52m from March-June
Its inaugural DPU came at US$0.0178.
Yanlord's profit down 59% to $97.41m in H1
They recorded a decline in average selling price per square metre.
Temasek and Bayer form new agribusiness venture
Dubbed as Unfold, it utilises the seed genetics from vegetable crops to develop seed varieties.
Listed, local, and international firms hailed at the Singapore Business Review Awards
Over 25 firms were awarded in the first-ever digital awards presentation.
Shrewd investors nab Singapore shophouses as prices drop by up to 32.7% in 1H20
Freehold shophouse prices were at S$2,692 per square foot.
Daily Markets Briefing: STI up 0.75%
Medtecs International led the gains amongst top active stocks with a 44.61% jump.
Chart of the Day: Around 4.3 million sqft of office supply in the works
The market will face a huge supply coming on board in 2022.
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