News
COE prices closed with mixed results in latest bidding exercise
Category E vehicles saw the biggest premium decline of $2,499 to $36,901.
Top three office REITs' total YTD return averaged 27.6%
Mapletree Commercial Trust had the highest total return at 29.9%.
MAS mulls changes to S-REIT leverage limits
REITs may soon be able to take on more leverage if they meet the minimum ICR.
Yanlord nets $280m in pre-sales of Yanlord Gardens
It sold all 357 units within the first day of the launch for around $5,625.86 psm.
FLT to buy logistics facilities in Germany and Australia for $612.5m
These properties have a total gross lettable area of approximately 297,000sqm.
Share buybacks plunged 68.4% to $55.1m in June
25 primary-listed stocks repurchased nearly 40 million shares during the month.
Ascott REIT and Ascendas Hospitality Trust propose merger to create largest hospitality trust in APAC
It will comprise 88 properties across 15 countries with an asset value of $7.6b.
Suntec REIT's 21 Harris Street buy could plug DPU dilution
The property’s long WALE and income guarantee for the first three years should cushion it from residential and economic downturns.
ST Group clinches $9.6m from IPO
The firm’s post-placement market cap is at approximately $64m.
Daily Briefing: Talent war heats up amidst virtual bank race; Audio recording will soon be allowed inside taxis
And check out these non-tech banking jobs that pay out over $10,000 after just three years.
Daily Markets Briefing: STI down 0.04%
Singtel led the gains after its stock inched up 0.29%.
Chart of the Day: Unsold residential inventory hit 37,800 units in Q1
This is above the long-term historical average of 32,400 units in Q1 2007.
ABB clinches contracts to build electric bus charging facilities
The facility will recharge electric buses in less than ten minutes.
OCBC ties up with Republic Polytechnic for PayNow partnership
This marks the first PayNow tie-up with an educational institution.
Singapore's fintech adoption rate almost tripled to 67% in two years: study
It is ahead of the APAC average adoption rate of 64%.
Firms slack off in bills payment for Q2
Slow payments ate up over one-third of total transactions due to deteriorating credit conditions.
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Commentary
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