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Elite Commercial REIT posts 20.4% YoY higher net property income in 9M23
Elite Commercial REIT posts 20.4% YoY higher net property income in 9M23
Despite higher NPI, the REIT’s available DPU fell 25.6% YoY in the same period.
ST Engineering unit bags platform screen door solution contract for Ontario rail line
Under the contract, the company will deliver 360 sets of full-height platform screen doors.
Closure of CPF accounts of foreigners will 'not pose liquidity issues' -- MOM
Approximately 300,000 non-residents will cease participation in the CPF schemes.
Expert lays out pros and cons of flats in new housing estates
The new housing estates include Pearl Hill and Marina South, amongst others.
Does Singapore have enough EV charging infrastructure?
Globally, the sharing ratio is 9.6.
DBS net profit up 18%; 48 cents interim dividend announced
Citi Taiwan contributed S$10b in loans.
Singapore cap rates remain flat in Q3
The gross yield of commercial properties in Singapore ranges from 3.00%-6.25%.
MAS and Bank Indonesia extend bilateral financial arrangement until 2024
The agreement between both central banks was extended to 2 November 2024.
Prudential’s new business sees 37% profit growth IN 9M23
It grew to $2.14b, year-to-date.
20% of Singapore’s motor insurance claims are fraudulent – GIA
One of the biggest insurance frauds in Singapore falsely claimed about S$1.6m.
What you need to know about Singapore's proposed investment management regime
The regime will apply to local and foreign investors.
Singapore connectivity level reaches 99%: IMDA report
The report also found that 2 in 3 Singaporeans are keen to try new digital technologies.
Sophia Road residential redevelopment site on sale for $35m
The property has a land area of 13,783 sq ft.
CapitaLand Ascott Trust divests 2 hotels in Sydney, Australia for $95.6m
The REIT will recognise a net gain of $12.4m from the divestment.
AIMS APAC REIT posts 5.1% YoY higher net property income of $64.3m in 1H24
Despite the higher income, the REIT proposed a 1.1% YoY lower DPU of $0.04650.
Raffles Medical Group’s profit falls 67.4% YoY top $12.4m in 3Q23
Year-to-date, the company’s profit has declined 25.6% YoY.
New Jurong Town Hall Bus Interchange opens November 26
In tandem with the opening, LTA will also introduce a new bus service.
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