News
Singapore tops in APAC Data Centre Market Ranking
Globally, the country placed second.
SGREIT's net profit rises 7.2% YoY to $69.64m in H1 FY21/22
Despite a profit increase, income available for distribution declined by 1.3%.
FCT maintains occupancy rate of 97.2% for Q1
Thanks to the healthy demand in retail spaces with the malls.
ALOG’s net income jumps 16.6% YoY to $104.9m
The increase was attributed to the completion of its Australian portfolio acquisition.
Non-landed homes see 9% sales decline to $1.9b for H2 2021
225 units were transacted in the same period.
Landed residential market sees all-time high sales transaction value of $9.8b
This is despite a 6.2% half-year decline in H2 2021.
Indonesia-Singapore summit to highlight Bintan Buoy’s potential
It will also focus on the travel bubble involving resorts in Batam and Bintan.
1 in 3 elderly unprepared for living with endemic COVID-19
An SMU study suggests that unpreparedness is linked with government trust.
MAS may 'tighten aggressively' as response to 7-year high inflation: Maybank
The double-tightening move is expected in April.
Market update: STI down 1.32%
Jardine Matheson had the most growth.
FLCT to divest Cross Street Exchange for $810.8m
The value represents a 28.3% premium over the property’s book value of $632m.
CapitaLand acquires JCube for $340m
The transaction will be completed within the first quarter of 2022.
Singapore logs $1.9b tourism receipts in 2021
This represents a decline in TRs when compared to 2020.
Yanlord sells all 514 units at Shanghai Poetic Villa launch
It acquired a total of $671,918 in pre-sales.
Olam places $275m notes in US
Proceeds from the issue will be used for general corporate purposes.
STI gains 5% with energy and bank stocks leading the market
Also, the SG benchmark ranked the third strongest of all the major benchmarks.
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Commentary
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How Singapore consumer brands can build strong supply chains amidst rising input costs
Singapore’s AI ambitions will rise or fall on infrastructure
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