News
Keppel Infrastructure Trust's full-year profits jump 15.6% to $47.61m
Keppel Infrastructure Trust's full-year profits jump 15.6% to $47.61m
Mainly thanks to contributions from City Gas in Q4.
Daily Markets Briefing: STI up 0.82%
DBS gained 1.27% and led market activity.
Daily Briefing: Lian Beng poised to benefit from housing recovery; Three REITs to pay dividends this week
And here's what you need to set up a resto in Singapore.
Chart of the Day: Homes bought by expats hit 1,600 in 2017
This is still lower than the bull market average of 3,600 per year.
Dual class shares won't quench need for liquidity: Bloomberg
Singapore unveiled a dual class share structure for listings a month after Hong Kong did.
Mapletree Logistics Trust's NPI up 3.9% to $83.02m in Q3
Thanks to higher revenue from its acquired properties in Hong Kong and Australia.
Slower private-hire car growth to bring taxi segment's stability
The growth of rental cars slipped to 34% after a surge of 76% in January 2017.
Slow workforce growth can't be stopped: MAS chief Menon
He said the "severe" slowdown cannot even be supported by immigration or foreign workers.
ComfortDelGro's Lion City Holdings acquisition to boost profits by 5%
It could raise its falling driver retention rate and defend its market share.
ST Electronics bags smart sensor network deal worth $98m
It will install smart sensors in cities in China, Europe, India, and the US.
Singapore's mid-sized firms need to practice sustainable business: HSBC
But firms are slow in adopting.
Singapore's derivatives revenue increased by 10% to $83.3m
Total volumes increased to $48.6m contracts.
SGX to launch dual class shares
The products could be launched by 1H2018, with an initial focus on new economy companies.
Kismis View site sold for $102.75m
Owners expect to receive gross proceeds of $1.6m and $3.3m.
Keppel in talks with Borr Drilling for rig sales
It confirmed a news report but said it hasn't set a price for the sale yet.
Eunos Mansion en bloc sale launched
Reserve price is at $218m, or $1,219 psf ppr.
Cache may acquire 10 logistics properties in Australia for $205m
Cache might need to raise between $50m to $70m of equity.
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