News
ThaiBev denies selling its Vietnam business
ThaiBev denies selling its Vietnam business
Such claims from various media sources are said to be “false and without merit”.
Daily Markets Briefing: STI up 0.27%
YZJ Shipbuilding led the gains amongst top active stocks with a 1.87% jump.
Chart of the Day: Mortgage lending to climb 2% in 2020 and 2021
Slowing population growth and the possibility of cooling measures will limit growth.
Daily Briefing: RPA startup Glee Trees bags undisclosed funding; sustainable products firm The Nurturing Co raises seed funding
And ARA, Straits Real Estate and ICBC International will buy a retail mall in China.
Home prices growth tipped to remain at 2% in 2020-2021
Most Asia Pacific countries saw a continued use of macroprudential measures in 2019.
Nearly 1 in 3 millennials prefer cashback cards
Cashback cards are preferred due to their instant benefits.
Over half of bosses bullish about growth in 2020
In fact, 40% of businesses across IT and finance plan to add new permanent positions to their teams.
18% of investors fear their savings are insufficient for retirement
And yet, a lot of investors think withdrawing 10% a year will not deplete their funds.
Wealth and retail drive 60% of Singapore banks' fee income
DBS and OCBC’s private wealth AUM grew 15% CAGR in the past 6 years.
HSBC Singapore launches new retail banking, investment platforms
Its financial planning and tracking app will have risk and scenario analysis functions.
New SGX listings raised $3.13b in January-November 2019
A vast majority of the funds were raised by the four Mainboard-listed REITs.
Easing property curbs unlikely as election nears: analysts
House developers want curbs loosened to fix unit glut.
New Budget 2020 tax schemes to boost business sector: PwC
One of its proposals includes a tax relief for micropreneurs’ R&D under IMDA.
100 top traded stocks surpass STI benchmark
Individually, two-thirds of these stocks also outpaced the STI figure.
Losses threaten Razer and Grab's digital banking license bids
MAS is putting emphasis on profitability more than other regulators for the license requirements.
Daily Markets Briefing: STI down 0.16%
CapitaLand saw the sharpest decline amongst top active stocks with a 0.27% decline.
Chart of the Day: Temporary layoffs in Q3 jumped to 170
The number of employees on a short work-week fell from 970 to 660.
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Commentary
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