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Daily Briefing: Bar and cinema closures rub salt in wound for economy; Pandemic may hit S-REITs harder than the Financial Crisis
Daily Briefing: Bar and cinema closures rub salt in wound for economy; Pandemic may hit S-REITs harder than the Financial Crisis
And Singapore will make its contact tracing tech freely available to developers worldwide.
Daily Markets Briefing: STI up 6.07%
OCBC led the gains amongst top active stocks with a 6.98% climb.
Chart of the Day: Midsize condos took a bigger share in deals in Q4 2019
Smaller condos still dominated sales volume in the quarter.
DBS floats digital relief solutions for COVID-hit F&B businesses
Businesses will be able to establish an online presence within three business days.
ACRA, MAS, SGX RegCo urge firms to comply with distancing measures
This follows after they released new guidelines on holding AGMs.
940,000 HDB households to get $134m in S&CC rebates
Households with one- and two-room types will have 3.5 months of rebate.
Not all-gloomy: retail sales shift to supermarkets
Sheng Shiong’s and Dairy Farm’s earnings would likely grow by around 3%.
REIT ETFs' turnover soared 82.5% to $57.3m in March
They averaged a dividend yield of 6.6% and a total return of -30.8% YTD.
Local bankruptcies rose to record-high even before the pandemic hit
The number of individuals filing for bankruptcy soared 47% from 2018 to 434 in January.
Olam completes stake sale in Indonesian JV for $123.03m
After final adjustments, the total consideration for the deal was $119.44m (US$82.5m).
GL closes hotels temporarily amidst lockdowns
Its subsidiary’s hotels saw a reduction in bookings and rise in cancellations.
Chart of the Day: Home launches in CCR break 2019 record with 525 units in Q4
The collective sales fever from 2017 to 2018 boosted project launches in prime districts.
Daily Markets Briefing: STI up 5.76%
Singtel led the gains amongst top active stocks with a 8.33% expansion.
Daily Briefing: SIA implements no-pay leave days for pilots; Waste management firm Blue Planet bags $36m
And Expara Ventures launches accelerator programme for COVID-19 solutions.
honestbee issued demands for breach of fiduciary duties against ex-CEO and director
Sng and Wong made property deals and companies that the firm paid for.
Cybersecurity startup Horangi bags $29.09m in series B funding
Funds will be used to strengthen the company’s position within the region.
Inflation to ease further amidst collapse in demand
MAS is expected to lower their inflation forecasts to -0.5 to 0.5%.
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