News
DBS appoints Helge Muenkel as chief sustainability officer
DBS appoints Helge Muenkel as chief sustainability officer
Muenkel was ING’s head of APAC for sustainable finance and GCM.
CICT’s net profit rises to $478.92m in H2 2021
This pushed the trust’s distributable income to $259.7m.
DBS acquires Citi’s Taiwan consumer banking business
DBS will pay Citi in cash for the net assets plus a premium of S$956m.
Industrial prices and rent to increase between 3% to 5% in 2022
In 2021, price and rent indices increased by 4.4% and 2%, respectively.
Gold rush: SG Demand for gold up 16% to 4,021 tons YoY
A total of 3t was recorded in Q4 2021.
4 of 5 Singapore employees want four-day workweek and flexibility
More than half of the professionals are working beyond the 44-hour workweek standard.
Market update: STI down 0.38%
Sembcorp Industries was seen with the most growth.
Keppel REIT YoY unit distribution grows 9%
Units distributed amounted to $212.1m, including capital gains distribution of $2.0m.
Keppel DC REIT DPU up 7.4% to 9.85 cents for FY 2021
The group’s portfolio remained stable throughout the year with an occupancy rate of 98.3%.
ESR-REIT gross revenue grows 5% for FY21
The amount available for distribution also increased 15.4% YoY to $114.4m.
Guocoland profit attributable triples to $67.5m for H1 FY21/22
Revenue for the period also increased by 42% for the period, hitting a total of $452.7m.
Singapore inks PASFTA with Latin America
This is to establish new trade linkages with the region.
Ascendas India Trust’s net income jumps 5% YoY to $155.7m
Despite this, DPU still declined by 11%.
Novo Tellus Alpha Acquisition opens at $5 in SGX debut
It’s the third SPAC to be listed on the mainboard.
Singapore EDB lures $11.8b in fixed asset investments in 2021
The investments are expected to create over 17,000 jobs.
Mapletree Commercial Trust NPI up 5.6% YoY to hit $291.31m in FY21/22
Thanks to the higher compensation received from lease pre-terminations.
AA REIT’s net profit jumps 14.5% to $27.07m in Q3 FY22
This brought the REIT’s distributions to unitholders to $16.7m.
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