News
SREITs seek refuge overseas as local property sales dearth escalates
Three locations are in the spotlight.
Risk-hungry Asian investors eager to snap up properties over the next six months
CBD offices are the most coveted.
Industrial property price standoff intensified in Q3 as sales volume plunged 56.7%
Only 420 caveats were lodged.
GIC unveils $313m maiden real estate investment in New Zealand
The JV aims to grow to $500m over time.
Fraser and Neave bids its cash cow goodbye after losing battle for Myanmar Brewery
MBL accounts for 30% of F&N’s earnings.
Frugal bosses snub local job hunters as bonus time draws near
But financial services professionals are extremely upbeat.
Pressures mount for NOL as net losses hit $29.7m in Q3
Headwinds will sustain in the near term.
SMRT speeds past analyst expectations with 75.5% profit jump in Q2
Thanks to higher ridership and average fares.
Keppel FELS clinches $308m contract for jack-up rig
Similar to PPL Shipyard’s Hakuryu 14.
Sembcorp’s PPL Shipyard secures $308m rig contract for October 2016
Latest gen rig capable of drilling depths of 35,000ft.
Maiden contribution: OCBC receives $38m from Wing Hang Bank in 3Q
And plans to used WHB to leverage into China.
DBS beats street expectations with 17% profit jump in Q3
Investment banking earnings more than doubled.
Indofood Agri’s 3Q profits plunge 52% on weaker edible oils and fats
Plus higher interest expenses.
Chart of the Day: See the rebound in Singapore's business loans this year
As companies push for greater productivity.
Daily Briefing: More interim flats for couples; Bank lending in Singapore remained flat in September;
And reservists who skip Individual Physical Proficiency Test thrice forced to attend fitness boot camp.
Daily Markets Briefing: STI up 1.2%
Expect more good news today.
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