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Daily Briefing: Home prices may fall by as much as 3% in 2019; Grab unveils 7th R&D centre in Malaysia

11 Dec 2018 - Singapore Business Review
And Singpost customers will soon receive alerts 30 minutes before delivery. From Bloomberg: Singapore's property market can expect a 'standstill' in 2019 as government moves to curb aggressive land bids from developers and en-bloc or redevelopment transactions will continue to impact the slowly reviving ...

Blue chips creep up, Top Glove stages mild rebound

11 Dec 2018 - The Star Online
KUALA LUMPUR: Blue chips eked out slight gains early Tuesday, underpinned by HLFG and Hong Leong Bank, while Top Glove staged a mild rebound after the heavy selling on reports of alleged mistreatment of its migrant workers. At 9.40am, the KLCI was up 1.47 points or 0.09% to 1,664.78. Turnover was 278.61 ...
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Top Glove denies allegations of forced labour, stock rebounds

11 Dec 2018 - The Star Online
KUALA LUMPUR: Top Glove Corp Bhd recovered almost 2% in early trade Tuesday after denying allegations of forced labour. The glove-maker gained 1.98%, or 11 sen to RM 5.66, making it one of the top gainers on Bursa Malaysia. The group has denied allegations of its migrant workers facing forced labour ...
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Top Glove shares fall 5.93% after alleged abuse report

11 Dec 2018 - The Star Online
PETALING JAYA: Shares in glovemaker Top Glove Corp Bhd fell 5.93% following a news report which alleged that some of its migrant workers are being mistreated. The stock fell 35 sen to close at RM5.55 yesterday. Reuters reported that Britain was launching an investigation into the medical gloves used ...
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Singapore ranks fifth in total green office space certifications

10 Dec 2018 - Singapore Business Review
It lagged behind Beijing and Sydney with only around 13 million sqft of certified green space. Singapore came in fifth place across the six major gateway cities in Asia Pacific (APAC) analysed in terms of the largest volume of green office space with approximately 13 million sqft, according to a report ...

Singtel's mobile app Dash welcomes Visa and Apple Pay

10 Dec 2018 - Singapore Business Review
Users can use their Visa Virtual accounts and Apple pay for transactions online and in-store worldwide. Singtel’s mobile payments app Dash inked deals with international mobile payment platforms Visa and Apple Pay in a bid to expand its payment capabilities around the world, an announcement revealed. ...
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Should Venture worry about a third IQOS manufacturer for Philip Morris?

10 Dec 2018 - Singapore Business Review
It could struggle for more market share as the second manufacturer, FLEX, has already hit supplier limit. A third manufacturer to enter the fray for Philip Morris’ IQOS products could spell heightened difficulty for Venture Corporation to carve its space in the production of the tobacco company’s devices, ...

ICT segment may hold more promise in 2019 for telcos' profits: analyst

10 Dec 2018 - Singapore Business Review
Singtel is projected to trade at a yield of 5.7% versus StarHub’s 6.6% amidst TPG’s entry. The enterprise segment may hold more promise for telcos going into 2019 with StarHub and M1 gaining traction of the back of growing demand for managed services and information and communications technology (ICT) ...
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Chart of the Day: Grade A core CBD office rents up 3.5% in Q3

10 Dec 2018 - Singapore Business Review
It could still record an increase of 13-15% by end-2018 before seeing a moderated growth of 5-8% by 2019. This chart from the OCBC Investment Research (OIR) with data from CBRE Research shows that the leasing momentum for the office sector was upbeat as core CBD office rents picked up 3.5% QoQ to $10.45 ...

Negative news sends Top Glove stock down almost 6%

10 Dec 2018 - The Star Online
KUALA LUMPUR: Shares of Top Glove Corp Bhd took a beating in early trade Monday following news that it was accused of forced labour. The world’s biggest glove-maker fell 5.93%, or 33 sen to RM5.57 with over 1.2 million shares done. According to reports, Britain is launching an investigation into medical ...
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