DISRUPTIONS to regional supply chains amid the Covid-19 outbreak have bumped costs up by almost 20 per cent for some traders and distributors as they scramble to find alternative suppliers outside of China, a senior executive at OCBC told The Business Times (BT).
HONG Kong's home prices have proved resilient to months of protests and now the coronavirus epidemic, a one-two punch that the city's finance chief likened over the weekend to "tsunami-like" shocks.
BUY when others are fleeing is an investing chestnut that has served those who punted on Spain's crisis-hit housing market well. Foreign investors like Blackstone have enjoyed fat returns after snapping up assets since the country's economic nadir seven years ago. But a government plan to bring in rent controls could end the seemingly unstoppable winning streak.
ARA US Hospitality Trust (ARA H-Trust) posted a distribution per stapled security (DPS) of 1.08 US cents for the fourth quarter ended Dec 31, 2019, missing its initial public offering (IPO) forecast of 1.24 US cents by 12.9 per cent.
SINGAPORE'S property market is in a good position to withstand the Covid-19 spread, says Wing Tai's deputy chairman and deputy managing director Edmund Cheng.
IOB Building, a six-storey office block with two levels of basement carpark at 64 Cecil Street, has been put up for sale by tender at a guide price of S$217.7 million, exclusive marketing agent Knight Frank said on Monday.
A CONSERVATION shophouse at 452 Joo Chiat Road is up for sale in the market with an indicative price of S$4.5 million, marketing agent CBRE said on Tuesday.
IOB Building, a six-storey office block with two levels of basement car park at 64 Cecil Street, has been put up for sale via tender at an overall guide price of S$217.7 million, said exclusive marketing agent Knight Frank on Monday.
MAINBOARD-LISTED Boustead Projects on Tuesday morning said it had immediately stopped construction activities on Feb 9 at Seletar Aerospace Heights and a neighbouring facility. This was after being informed of its first confirmed Covid-19 case at Seletar Aerospace Heights.
EAGLE Hospitality Trust (EHT) posted a distribution per stapled security (DPS) of 1.179 US cents for the fourth quarter ended Dec 31, 24.4 per cent lower than its initial public offering (IPO) forecast of 1.56 US cents.
AFTER the year-end holiday season, developers posted their best January private home sales figure in seven years.
AMID preparations for the UK's first post-Brexit budget, there have been reports that the Conservative Party is considering an idea that many in Prime Minister Boris Johnson's party regard as most un-Conservative - a so-called mansion tax.
BANYAN Tree Hotels & Resorts will introduce the hospitality group’s first property in the Bahamas under a partnership with Island Developers.
DEVELOPERS moved 618 private homes in January this year, up 14.9 per cent from the 538 units they sold in the previous month. The latest figure is also 41.4 per cent higher than the 437 units developers sold in January 2019.
MAYBANK Kim Eng has downgraded its call for Far East Hospitality Trust's (Far East H-Trust) to "hold", and reduced its dividend discount model-based (DDM) target price to S$0.70 from S$0.80.