News
Keppel's associate Floatel halts proposed merger
Keppel's associate Floatel halts proposed merger
The companies viewed that any near-term merger was unlikely.
Bharti Airtel could counter Singtel's enterprise business: analysts
Its India unit is projected to add $500 to its FY2021 profits.
OCBC offers support measures to customers
It will provide a moratorium on principal repayment for loans.
SATS' profits fell 13.9% to $59.3m in Q3
The group’s expenditure soared amidst consolidations of its subsidiaries.
Daily Briefing: Government to offer $77m support for taxis; Neil road conservation shophouses for sale
And a Fu Lu Shou complex office portfolio has been launched for sale via EOI.
Daily Markets Briefing: STI down 0.1%
Genting Sing led the gains amongst top active stocks with a 1.14% expansion.
Chart of the Day: Freehold shophouse prices slipped 16.5% in 2019
Buyers were less willing to commit to freehold shophouses at higher unit prices.
RAS urges landlords to ease F&B rents
Jewel Changi was the first to respond, as they will cut rents by 50%.
DBS extends COVID-19 liquidity relief to SMEs, retail clients
Principal repayment moratoriums are available to those with good repayment histories.
CapitaLand launches $10m marketing assistance amidst outbreak
It will also implement flexibility to operate shorter store hours for retailers.
Singapore Shopping Centre relaunched for en bloc sale for $255m
It comes with a provisional approval to rezone for hotel use.
Genting Singapore will likely recover in H2: analysts
The firm still has an attractive valuation relative to regional gaming peers.
Industrial property rents continue to ease in H2
Factory, warehouse, and logistics properties saw a drop in average monthly gross rents for the period.
Retail rents tipped to remain flat in 2020
Easing of new supply pipeline in 2020-2024 could buoy rents.
Most traded healthcare stocks averaged total returns of 36.2% YTD
Medtecs Internartional came out top with a 197% surge in total returns.
Genting Singapore 2019 profits dipped 9% to $688.6m
Its EBITDA fell 3% YoY to $1.19b.
Singtel's Q3 profit dropped 24% to $627.2m
It was blamed on weakness in the enterprise business and lower exceptional gains.
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