News
Daily Briefing: SMRT shares lag HK MTR; SGX sets up regulatory unit
And here are the best shopping discount cards in Singapore.
Probability of new telco grows dimmer amid mounting funding, growth problems
Incumbents are aggressively defending their subscriber bases.
Temasek said to mull SMRT buyout: Bloomberg
Sources say Temasek may increase its $2.4b stake.
Alleviating core business decline may be a losing battle for SPH: analysts
Its newspaper ad revenues declined by 8.6%.
Here’s why analysts think SMRT might be at the losing end of the new rail financing framework
It’s transiting to the new framework this October.
SGX to set up separate subsidiary to take over regulatory functions
RegCo is slated to be established by 2H17.
HDB taps NCS-led consortium to masterplan Smart Hub
The Hub will scale up to over 1,000 HDB blocks.
Private home prices to remain under pressure as supply balloons: analysts
Prices have drifted down by 0.4% in 2Q.
Sembmarine delivers world’s largest jack-up rig to Noble
It will be deployed in the North Sea.
Singapore’s NODX crashes back to reality with 2.3% drop in June
On back of a 2.5% decline in non-electronic exports.
Frasers Centrepoint Trust’s net property income dips by 5.1% to $31.2m
Blame it on a soft 90.8% occupancy.
M1’s net profit falls by 7% to $83.5 in 2Q
On back of its cascading handset sales.
SPH’s net profit plummets by 46.4% to $52.7m in 3Q
On back of $28.4m in impairment charges.
Chart of the day: Are private developers’ sales finally due for a rebound?
Sales volumes are 1.4% higher year-on-year.
Daily Markets Briefing: STI up 0.63%
Expect muted gains today.
Daily Briefing: Singapore bondholders brace for defaults; SGX CEO apologises for halt
And developer sales down 50% in June.
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