Singapore Wrap Wednesday

All COE premiums soften except for Cat C

Premiums for certificates of entitlement softened across the board on Wednesday, except for the goods vehicles & buses category.

Ascendas in JV with Indonesian firm to build mixed-use development in Greater Jakarta

In its first major foray into Indonesia, Ascendas Group has tied up with a local partner to develop a mixed-use project in Tangerang, Greater Jakarta.

Singapore's domestic wholesale trade falls 25.8% year on year in Q1

Singapore's domestic wholesale trade dropped 25.8 per cent year on year in the first quarter of 2015, dragged down by the lower prices of petroleum and chemical products.

Singapore tops in Asia, third globally in 'Business of Cities' ranking

Singapore is Asia's top-ranked city across a broad range of indicators, beating Tokyo to take the third place worldwide, according to a report by global real estate firm JLL and The Business of Cities, a London-based intelligence and strategy group.

Mapletree Investments posts 14.3% rise in full-year profit

Mapletree Investments Pte Ltd achieved a 14.3 per cent growth in profit after tax and minority interests (Patmi) from a year ago to S$1 billion for the fiscal year ended March 31, 2015, thanks to strong operational performance.

Singapore: STI falls for third consecutive session; dealers see lack of liquidity

The Straits Times Index (STI) on Wednesday dropped 14.36 points to 3,439.68 amid turnover of 1.6 billion units worth S$1.06 billion. Excluding warrants there were 175 rises versus 233 falls. It was the third consecutive fall for the STI that brought its loss for the week to 23 points or 0.7 per cent.