Budget 2019

Winners and losers from Singapore's budget as election looms

SINGAPORE (Feb 19): Singapore Finance Minister Heng Swee Keat boosted health-care and military spending, gave tax rebates to citizens and tightened rules on foreign workers ahead of an election that could come as early as this year.

Results

Sasseur REIT FY18 DPU exceeds IPO forecast by 12.6%

SINGAPORE (Feb 18): The manager of Sasseur REIT announced a 4Q18 DPU of 1.999 cents, 28.1% higher than forecast.

This also brings 2H18 DPU to 3.541 cents and FY18 DPU to a total of 5.128 cents.

Results

DBS chief sounds cautious note, but expects modest growth this year

SINGAPORE (Feb 18): Looking to the future, DBS CEO Piyush Gupta sounded a cautious note. For one, mortgage bookings have fallen by 30% to 40% since additional cooling measures were announced in July last year, he said.

Budget 2019

$1.3 bil worth of initiatives launched to commemorate Singapore bicentennial

SINGAPORE (Feb 18): In commemoration of Singapore’s bicentennial this year, the Singapore government is introducing two special initiatives to "support the spirit of giving back” in the form of a $200 million Bicentennial Community Fund, as well as a $1.1 billion Bicentennial Bonus.

Budget 2019

Government to set aside $6.1 billion for Merdeka Generation Fund

SINGAPORE (Feb 18): Singapore will set aside $6.1 billion for a new Merdeka Generation Fund to provide benefits for close to 500,000 Singaporeans born in the 1950s.

Winners and losers from Singapore's budget as election looms

2 hours 23 min ago

SINGAPORE (Feb 19): Singapore Finance Minister Heng Swee Keat boosted health-care and military...

Sasseur REIT FY18 DPU exceeds IPO forecast by 12.6%

11 hours 43 min ago

SINGAPORE (Feb 18): The manager of Sasseur REIT announced a 4Q18 DPU of 1.999 cents, 28.1% higher...

DBS chief sounds cautious note, but expects modest growth this year

13 hours 33 min ago

SINGAPORE (Feb 18): Looking to the future, DBS CEO Piyush Gupta sounded a cautious note. For one,...

Dovish Fed, stable rates continue to buoy REITs as office space fundamentals improve

15 hours 41 min ago

SINGAPORE (Feb 18): The “less hawkish, more dovish” US Federal Reserve statements since December...

A fool's errand

18 Feb 2019

SINGAPORE (Feb 18): Should we panic over a Treasury yield curve inversion? Investors worked themselves into a tizzy in early December last year, sending stock prices tumbling around the world. That was when the Treasury yield spread fell sharply (...

Quantitative tightening fears overplayed?

1 Feb 2019

SINGAPORE (Feb 4): Global stock markets have steadied in the first few weeks of trading in 2019, though many investors remain wary that the rebound may not last. The list of worries has been very well narrated and should be very familiar to all by...

There are 'real' (non-rent-seeking) corporate heroes

25 Jan 2019

SINGAPORE (Jan 28): Pretenders to the throne, please be seated. Last week, I wrote about some of our public- and private-sector successes in embracing technology and delivering quality services efficiently and effectively. This proves that...

Let’s not sell ourselves short

18 Jan 2019

SINGAPORE (Jan 21): Why do I say this? There has been much talk and discussion about how New Malaysia should move forward from hereon. We know that government finances are stretched and, therefore, can no longer prop up the economy with huge...

Budget 2019

Winners and losers from Singapore's budget as election looms

SINGAPORE (Feb 19): Singapore Finance Minister Heng Swee Keat boosted health-care and military spending, gave tax rebates to citizens and tightened rules on foreign workers ahead of an election that could come as early as this year.
Results

Sasseur REIT FY18 DPU exceeds IPO forecast by 12.6%

SINGAPORE (Feb 18): The manager of Sasseur REIT announced a 4Q18 DPU of 1.999 cents, 28.1% higher than forecast.

This also brings 2H18 DPU to 3.541 cents and FY18 DPU to a total of 5.128 cents.
Results

DBS chief sounds cautious note, but expects modest growth this year

SINGAPORE (Feb 18): Looking to the future, DBS CEO Piyush Gupta sounded a cautious note. For one, mortgage bookings have fallen by 30% to 40% since additional cooling measures were announced in July last year, he said.
Budget 2019

$1.3 bil worth of initiatives launched to commemorate Singapore bicentennial

SINGAPORE (Feb 18): In commemoration of Singapore’s bicentennial this year, the Singapore government is introducing two special initiatives to "support the spirit of giving back” in the form of a $200 million Bicentennial Community Fund, as well as a $1.1 billion Bicentennial Bonus.
Budget 2019

Government to set aside $6.1 billion for Merdeka Generation Fund

SINGAPORE (Feb 18): Singapore will set aside $6.1 billion for a new Merdeka Generation Fund to provide benefits for close to 500,000 Singaporeans born in the 1950s.