Land bank redevelopment will aid MIT's net asset value: analyst

28 Apr 2020 - Singapore Business Review
It will increase portfolio GFA and drive medium-term growth in distributions. Mapletree Industrial Trust (MIT) is projected to show a “surprise” boost on the upside in terms of net asset values (NAV) and acquisitions in the medium term, according to a note by DBS Group Research. The redevelopment of ...
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Singapore shares edge up at Wednesday's open; STI up 0.6%

15 Apr 2020 - The Business Times
SINGAPORE stocks opened slightly stronger on Wednesday, following an overnight rally on Wall Street as markets see lower Covid-19 virus case counts. Singapore's Straits Times Index was up 0.6 per cent or 15.12 points to 2,649.69 as at 9.03am. Gainers outnumbered losers 128 to 31, after 60.2 million securities ...
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Chart of the Day: New homes grew pricier vs. resales in the CCR

7 Apr 2020 - Singapore Business Review
The collective sales fever caused an elevation in land costs. This chart from EDMUND TIE revealed that the average price difference between newly-sold and resold private homes in the core central region (CCR) has widened to 40% in 2019, compared to 35% in 2018. In 2019, the prices for newly-sold condos ...
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Landlords urged to limit retail rents by turnover

31 Mar 2020 - Singapore Business Review
This hopes to avoid permanent store closures as the pandemic hit stores’ sales. The Singapore Retailers Association (SRA) is urging landlords to implement a rental payment structure based strictly on the gross turnover (GTO) for six months as the social distancing measures caused a loss in sales for ...
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Azabu Insights: Update on Temperature's Impact on the Coronavirus

24 Mar 2020 - ACN Newswire
On March 6th Azabu Insights proposed a theory that coronavirus seemed to be spreading faster in cold countries than in warm countries. We followed this up with an update on March 11th showing that at that time the data was showing ninety-eight percent of the cases were all in cold countries.Chart 1: ...
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Captiva Verde Land Corp - Corporate Update

27 Feb 2020 - ACN Newswire
Captiva Verde Land Corp. (CSE: PWR) (OTC: CPIVF) (the "Company" or "Captiva"), is pleased to announce the following updates for each of its business segments.Mexico Pharmaceutical LicenseCaptiva has started construction on its new manufacturing plant in Mexico to supply a wide range of psychoactive, ...
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Bharti Airtel could counter Singtel's enterprise business: analysts

14 Feb 2020 - Singapore Business Review
Its India unit is projected to add $500 to its FY2021 profits. Singtel’s India associate Bharti Airtel is expected to offset the weaknesses of the telco’s other associates, particularly in Singapore and Australia, according to analyst reports. RHB noted that the price repair in India continues to bode ...
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Briefs

7 Feb 2020 - The Edge Markets
Quoteworthy: "You've waited 20 years, extending six months doesn't actually matter." — Malaysia's Anwar Ibrahim, on waiting beyond the initially agreed May deadline to take over as prime minister from Mahathir Mohamad. China to half tariffs on US goods from Feb 14 This Valentine’s Day, China will be ...
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ComfortDelGro to endure effects of coronavirus outbreak

6 Feb 2020 - Singapore Business Review
A potential taxi rental rebate might only shave off about 0.9-3.9% of its 2020 profits. The effects of the novel coronavirus outbreak on ComfortDelGro is expected to be temporary and manageable, as it has little exposure in China and is likely better informed by its experience from the SARS incident, ...
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Home prices jumped 2.7% in 2019: URA

23 Jan 2020 - Singapore Business Review
Prices of landed homes grew 5.7% for the whole year. Prices of private homes leapt 2.7% YoY for 2019, according to the Urban Redevelopment Authority (URA). For Q4 2019, prices also grew 0.5%. Prices of landed residential properties rose by 5.7% whilst those of non-landed properties rose by 1.9%. For ...
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