News
OUEHT's Mandarin Orchard's RevPAR up 5% to $210
OUEHT's Mandarin Orchard's RevPAR up 5% to $210
This led to the 6% growth in the net property income.
MAS warns of dangers in using digital tokens
One hazard relates to money laundering and terrorist financing.
Condo rents tick up 0.2% in July
This came with the 11.8% jump in rental volume.
Far East Hospitality Trust's RevPAR slips 1.3% to $314
The increased supply dampen the room rates.
ThaiBev acquires 240 KFC stores for around US$330m
The acquisition is set to be completed by December 2017.
SingPost's e-commerce losses narrow to $4.2m
Its turnaround plan for TradeGlobal should help in easing losses.
SPH to suffer from weak ad spends
Its display and classified ads revenues fell by 21% in the past quarter.
SGX's securities market turnover up 21% to $25b
The average daily value was $1.2b.
Chart of the Day: Hotel market RevPAR dipped slightly by 1.1%
Whilst market occupancy fared better, reaching 85.6%.
Daily Briefing: Sembcorp's nightmares in India; Polytechnics to add fintech courses in banking and IT
And here are five money saving tips for landlords in Singapore.
Daily Markets Briefing: STI down 0.08%
Expect a correction in the local market today.
Hong Leong Finance's profit rose 89.1% to $20.9m in Q2
Interest on loans fell to $54.8m.
DBS will have O&G woes until 2018
An estimated $500m worth of new bad loans looms over the bank.
GLP to delist from SGX after privatisation deal
Nesta eyes expanding GLP's platform to new markets.
F&N's profit up 60% to $60.7m
Its F&B segment grew 44% to $85.2m.
Singapore reigns supreme in ICT development
It was ahead of Denmark, USA, and Japan.
Frasers Centrepoint's net profit jumps 18.4% to $182.4m
Thanks to the group's business in Australia.
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