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Daily Briefing: KKR mulls $700m sale of Singapore's MMI; HRnetGroup invests in job matcher Glints
Daily Briefing: KKR mulls $700m sale of Singapore's MMI; HRnetGroup invests in job matcher Glints
And here are two REITs with recent up-and-down performances.
Chart of the Day: Government spending dipped by 2% to $53.7b in 2017
Operating expenses rose by 7% due to social spending.
Analysts cautiously raise GDP growth forecast for 2018
This is after Singapore GDP growth slowed down to 3.6% in Q4.
SIA's passenger load factor dips 0.1 ppt to 81.1% in January
It is balancing yields against loads amidst price pressures.
Cairnhill Mansion sold en bloc for $362m
It will be redeveloped to yield 200 units.
Developers to sell up to 12,600 units in 2018
This will be driven by higher project launches from government land sales and collective sales.
Private home sales grew 37% to 522 units in January
But total units sold were lower than the average monthly figure.
ComfortDelGro rides on public transport to buoy revenue growth
The Seletar bus package's contributions will kick in starting March.
Pearl Bank Apartments redevelopment could break Wallich Residences' dominance
CapitaLand plans to build a new 800-unit residential on site.
Can CapitaLand push its dividends higher?
It has unrecognised revenue worth $3.8b from China and Vietnam.
UOB's Q4 profit rose by 16% to $855m
Net earnings for 2017 grew by 9% to $3.39b.
Oil trade heats up amidst price hikes
Its 36% growth reversed the 18% decline in 2016.
Manufacturing sector expands by 10.1% in 2017
It pushes 5.7% growth in the goods producing industries.
OCBC's Q4 profit surges by 31% to $1.03b
Net earnings for fiscal year 2017 reached an all time high with $4.15b.
Private condo rental volume rose 21.7% in January
Rental prices inched up 0.5%.
HDB rental volume grew 15.3% in January
Rental prices were 3% cheaper than last year.
MTI expects economic growth to slow down this year
GDP growth forecast is set at 1.5 to 3.5%.
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