Markets & Investing
Sustainability and agrifood sectors fuel Singapore startup growth
The verticals closed 16 and 13 deals, respectively, in 2023.
Sustainability and agrifood sectors fuel Singapore startup growth
The verticals closed 16 and 13 deals, respectively, in 2023.
Tech startup incorporations drop to 25 in 2023 amid economic uncertainties
In 2022, there were 35 new company incorporations.
Investment volume drops 34.7% YoY to $4b in 1Q24
GLS tenders played a significant role in the investment volume.
Mapletree Pan Asia Commercial Trust NPI rises 15.2% to $727.9m in FY23/24
The REIT's Singapore portfolio helped boost its NPI.
CLCT's net property income hit by lower logistics park earnings
The REIT reported a 7.7% YoY lower NPI of RMB313m in 1Q24.
CapitaLand Ascott Trust's profit up 15% YoY in 1Q24
The REIT attributed the increase to stronger operating performance.
First REIT DPU down 3.2% in Q1
Foreign exchange rates and interest rates impacted First REIT’s financials in the first quarter of 2024.
ESR-Logos REIT's NPI drops 10.8% post non-core asset divestments
Gross revenue also dropped 8.9% in 1Q24.
OneApex anticipates $5.1m from Tuas Seatown stake sale
The company will sell its entire 30% stake to Amwich.
Keppel REIT's net property income rises 7.2% YoY to $48.2M in 1Q24
The REIT attributed the increase to strong operating performance.
CapitaLand Ascendas REIT faces dip in overall occupancy to 93.3%
In Singapore, the occupancy rate slipped by 0.4% QoQ.
Singapore’s 1Q24 deals plummet 21.1% YoY
In the whole of APAC, deal volume declined by 12.2% YoY.
Gazelle Ventures offers to acquire No Signboard shares at $0.0021 apiece
The offer will close next month.
Moomoo, Nasdaq renew global strategic partnership
The two parties enhance their six-year collaboration with the announcement of the new global partnership.
Apple CEO Tim Cook to meet with Singapore leaders: report
His trip follows Apple's US$350m campus expansion announcement in Ang Mo Kio.
CICT NPI rises 6.3% YoY to $293.7M in 1Q24
Gross rental income growth and lower operating expenses drove the uptick.
Singapore tops SEA fintech funding with US$372M
The city accounts for 70% of SEA's total funds raised.
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