Singapore
Mapletree Industrial Trust’s net income up 0.7% to $130.84m in Q1
Higher borrowing costs tempered growth in the net property income.
Hotel average room rates were almost unchanged in June
It inched up to $273.85.
OUE C-REIT’s distributable income drops 3.3% YoY to $57.6m in 1H23
This translates to a 2.8% YoY lower distribution per unit.
AIMS APAC REIT posts 4.2% YoY higher net property income in 1Q24
It recorded an NPI of $32.3m.
A*STAR rolls out R&D programme for high-performance EV component
It will also bolster the local electric vehicle (EV) supplier ecosystem.
Online nomination of insurance beneficiaries available soon: MAS
Singapore has amended insurance regulations to allow online nomination of beneficiaries.
Keppel Pacific Oak US Reit’s DPU drops 17.2% YoY in H1
The distribution per unit (DPU) was at 2.50 US cents (3.3 cents).
Manufacturing output drops 4.9% in June
Excluding the biomedical manufacturing segment, the output would’ve fallen 5.2%.
Keppel Infrastructure Trust’s DPU increases to 1.93 cents in H1
It was a gradual increase of 1% increase YoY.
Daily Markets Briefing: STI up 0.57%; Keppel Corporation is top stock
Keppel Corporation closed trading at 1.45%.
Is working in Singapore ‘worth it’ for expatriates?
In 2022, salary and benefits packages in Singapore rose by 4% to US$258,762.
Singaporean bosses say company culture is a top factor in retaining workers
This was followed by compensation and work flexibility.
Singapore to stop 3G services on 31 July 2024
Mobile operators will take proactive measures to help 3G users shift to newer networks.
Two sites launched under IGLS programme
The sites are located in Tampines North Drive and Jalan Papan.
SIA Engineering net profit more than doubles to $27m in Q1 FY23-24
It posted its first quarter of operating profit since the pandemic.
PLife REIT NPI up 25.1% YoY to $70.1m in H1
Its gross revenue rose by 23.6% YoY to $74.4m.
Read Here
Advertise
Sign Up
Commentary
Is Singapore's emphasis on long-term security and stability hindering purpose-driven employees?
When Singapore's agentic AI ‘chefs’ arrive, will the kitchen be ready for them?
What Singapore’s app store rules reveal about the future of online trust
Faster hiring alone will not fix construction’s productivity problem
Beyond policy: How Singapore's service sector can win at the frontline
Solving the production problem behind Singapore’s ‘pilot purgatory’
Transformation without disruption: Your Existing ERP is an accelerant to business innovation
From Singapore to Southeast Asia: Thriving in innovation by knowing when to pause
Section 13O, MAS, and the digital footprint of Singapore Family Offices