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Singapore retail sales slide 6% in December for full-year 0.7% drop

RETAIL sales in Singapore fell in December 2018, although eateries did better, according to the latest data from the Department of Statistics (SingStat) on Tuesday.

Singapore forms advocacy body to level up corporate governance standards

SINGAPORE has its first permanent, industry-led body, responsible for advocating good corporate governance (CG) practices in the city state.

Freehold city fringe commercial building up for sale with S$25m guide price

THE property, 7 Hindoo Road, has a 15-metre wide frontage, a land area of 3,519 square feet and a gross floor area (GFA) of about 13,970 sq ft.

Hyflux extends deadline to file proofs of claim to March 1

HYFLUX has given creditors and stakeholders a two-week extension to file their proofs of claims ahead of scheme meetings as the water treatment firm undergoes debt restructuring.

Mapletree Industrial Trust to raise at least S$175m in private placement

MAPLETREE Industrial Trust (MIT) is proposing a private placement of 90.44 million new units to raise gross proceeds of no less than about S$175 million, which will mostly be used to partly refinance the acquisition of 18 Tai Seng Street.

Corporate earnings

The STI today

Singapore stocks end 0.2% lower on Tuesday

SINGAPORE stocks closed lower on Tuesday, with the Straits Times Index down 0.16 per cent or 5.12 points to 3,201.15.