News
Market Update: STI up 0.66%
Market Update: STI up 0.66%
The Straits Times Index closed at 3,219.35 on the first trading day of November.
Cromwell European REIT acquires Italy warehouse for $30.6m
This is the company’s third logistics asset in the country.
Ascott Residence Trust acquires 4th US student accommodation
Seven07, located in Illinois, is worth $112.4m.
G'day, mate! Singaporeans allowed quarantine-free travel to Australia
Fully-vaccinated Singaporeans can travel to Australia without restrictions starting 8 November.
22% of manufacturers anticipate favourable business conditions
Meanwhile, 6% are pessimistic about the next 6 months.
1 in 4 services firms optimistic about the future
Meanwhile, 6% of services firms see a decline in business conditions.
MAS proposes four ways financial services can keep their data secure
MAS is paying close attention to rising cases of ransomware and cybersecurity attacks.
Joblessness eases for the second straight month in September
The unemployment rate continues to be above pre-pandemic levels.
Gov’t addresses issues on new prime location public housing model
Singles are currently barred from owning these new PLH flats.
Far East Hospitality Trust net property income up 2.6% to $18.31m
Gross revenue from commercial premises saw a slight uptick in Q3.
CDL Hospitality Trusts net property income up 34.8% in Q3
Properties from Germany, Italy, and Japan turned a profit.
Market Update: STI Up 0.17%
Jardine Matheson, Frasers Logistics & Commercial Trust, and DairyFarm took the lead.
JTC All Industrial Rental Index shows signs of recovery
The JTC All Industrial Rental Index continued its rebound in Q3 2021.
SAP and Temasek Polytechnic add four new skill-based courses
370 mid-career job seekers are expected to benefit from this.
Sheng Shiong net profit up 8.3% y-o-y to $34.4m for 3Q FY2021
Gross profit also saw a jump by 14.2% to $100.9m.
Top Glove profit for FY2021 soars to RM7.8b
The profit increase drove its earnings per shares higer to RM0.9591.
Frasers Hospitality Trust’s second-half net profit more than doubles to S$30.9 million
The NPI was boosted by the higher YoY GR and lower operating costs
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