News
4 in 5 business leaders rely on media to shape ESG strategies
4 in 5 business leaders rely on media to shape ESG strategies
For Singapore business leaders, “environment” is the top ESG priority.
MPACT’s net property income climbs 1.7% YoY to $182.4m in 3Q23/24
The strong performance of the REIT’s Singapore portfolio contributed to the increase.
Net property income of CapitaLand India Trust rises 8% YoY to $179.6m
Despite higher NPI, the company’s DPU fell 21% YoY.
Mesh Bio raises $4.7m in Series A for health tech expansion with East Ventures
Elev8, Seed Capitals, and existing shareholders were also participants of this funding round.
Google, S’pore join forces to accelerate National AI Strategy 2.0
Singapore aims to triple local AI practitioners with 3,000 career certificates from Google.
GuocoLand posts 12% YoY higher profit of $66.2m in 1H24
The higher profit boosted the company’s earnings per share by 15% YoY.
Keppel Infrastructure Trust’s distributable income soars 42.4% YoY to $316.8m in FY23
With higher income, the company proposed a 62% YoY higher DPU.
5-room HDB flat in Toa Payoh sells for $1.54m
The sale is the second-highest price ever transacted in the property.
FLCT retains portfolio occupancy of 95.8% in 1Q24
It also retained full occupancy for its logistics and industrial portfolio.
Singapore’s monetary policy likely to normalise in April: analyst
Singapore’s central bank may reduce the S$NEER slope by 50 basis points
Singapore is APAC's top cross-border investor in 4Q23
Despite this, Singapore's investment volume fell 29% YoY in 4Q23.
Daily Markets Briefing: STI up 0.25%; The top stock is DBS
DBS is the top stock despite a 0.22% decline.
Singapore’s investment pledges drop 44% to $12.7b in 2023: EDB
Commitments from electronics firms were more than halved last year.
Innovative financing to boost Singapore’s lead in climate finance, says KPMG
Robust policy and leveraging technology can also help fast-track green goals.
SGX-listed Seatrium says it will log “significantly higher” losses in 2023
Seatrium is in the process of closing, writing down non-core assets.
OUE REIT’s net property income up 15.9% to $119.7m in H2 2023
Hilton Singapore Orchard’s full reopening helped drive OUE REIT’s profits in 2023.
STI declines 2.5% in the first four weeks of 2024
Singapore stock market booked $125.8m of net institutional inflow.
The STI declined 2.5% for the first four weeks of 2023 with the iEdge SG Advance Manufacturing Index declining 5.1%, SGX reported.
Commentary
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