News

Perennial Real Estate's net profit skyrockets to $34.5m

Thanks to the gain from the revaluation of Xi’an Plot 4.

Daily Markets Briefing: STI up 0.16%

Wall Street's weakness could weigh on local markets today.

HDB rents slip 0.1% in July

Only 1,835 flats were rented.

Centurion acquires College & Crown for $95m

It will join Centurion's growing US portfolio worth $281m.

OUEHT's Mandarin Orchard's RevPAR up 5% to $210

This led to the 6% growth in the net property income.

MAS warns of dangers in using digital tokens

One hazard relates to money laundering and terrorist financing.

Condo rents tick up 0.2% in July

This came with the 11.8% jump in rental volume.

Far East Hospitality Trust's RevPAR slips 1.3% to $314

The increased supply dampen the room rates.

ThaiBev acquires 240 KFC stores for around US$330m

The acquisition is set to be completed by December 2017.

SingPost's e-commerce losses narrow to $4.2m

Its turnaround plan for TradeGlobal should help in easing losses.

SPH to suffer from weak ad spends

Its display and classified ads revenues fell by 21% in the past quarter.

Chart of the Day: Hotel market RevPAR dipped slightly by 1.1%

Whilst market occupancy fared better, reaching 85.6%.