News
MPACT’s net income jumps 44.9% YoY in H1 FY22/23
MPACT’s net income jumps 44.9% YoY in H1 FY22/23
The “all-rounded” improvements in the trust’s Singapore properties drove the increase.
UOB’s net profit soars 34% YoY in Q3
The increase was driven by strong net interest income amongst others.
Trade challenges weakened manufacturing production: analysts
Decrease in exports and decline in manufacturing index affected manufacturing.
Daily Markets Briefing: STI up 0.4%; DFI Retail Group top performer
Top gainer is DFI Retail Group with 3.42%.
Rents in industrial property market climb 2.1% in Q3
Prices also increased by 2%, the JTC reported.
Singapore, Sarawak partner to develop carbon capture storage
This will cover policy exchanges and potential project implementations.
SG, Japan ink MOC to boost LNG supply chain
It will augment energy security for the market’s decarbonisation target.
Energy Market Authority launches two-year study for optimising energy consumption
Companies will be paid based on reduction on prices or energy demand.
Mapletree Industrial Trust’s NPI grew 8.3% in Q2 FY 22/23
It attributed higher earnings from stable portfolio performance.
Central bank proposes to regulate stablecoins, add rules for DPT providers
It seeks to prevent consumer harm from cryptocurrency trading.
Singapore, Cambodia ink MOU for cross-border energy cooperation
It is expected to pave the way for greater cross-border electricity trade between the two.
Manufacturing output up 0.9% in September: EDB
Only biomedical, electronics and chemicals segments posted decline.
Analyst sees lower commodity prices to persist, dampen cost pressures risks
There are lower commodity prices seen in Brent crude.
Daily Markets Briefing: STI up 0.81%; Keppel DC Reit is on top
Keppel DC Reit topped the index.
Shophouse property deals muted in Q3
Transactions during the quarter were down by half.
Singapore’s top trade associations links arms to adopt industry-wide green initiatives
Initiatives such as waste and GHG emission reduction are just some of their goals.
Sandpiper Hotel guide price to start at $35m
The property consists of 29 hotel rooms.
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