You are here
Singapore Wrap Wednesday
Premiums for certificates of entitlement softened across the board on Wednesday, except for the goods vehicles & buses category.
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 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 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 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.
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.