News
Singapore F&B sales up 4.4% in September
Food caterers had the most growth in sales at 36.4% YoY.
Singapore to phase out unabated coal power by 2050
SG's membership in the PPCA reflects its efforts to phase out unabated coal.
DBS’ net profits jump 31% to $1.7b in Q3
The non-performing loans rate remained unchanged at 1.5% during the quarter.
Lendlease Global Commercial REIT portfolio occupancy stays strong at 99.8%
LREIT also recorded a 90% tenant retention rate for the mall.
Singapore to push out coal power by 2050
This is as Singapore joined the PPCA at the UN Convention on Climate Change.
Only 1 in 10 Singapore millennials has their gadgets insured: survey
This is despite almost 80% saying they would be distressed if they lose their gadgets.
HDB resale prices hit new high with 0.9% increase in October
October marked the 16th consecutive month of growth for HDB release prices
OCBC allows real-time digital purchase of gold, silver
Over $1m and 3,698oz of precious metals have been purchased through the app.
Market update: STI down 0.39%
HongKongLand was seen with the most growth.
Netlink NBN Trust DPU inches up 1.2% to 2.56 cents
Meanwhile, its EBITDA and PAT saw a decrease at 9.4% and 10.5%, respectively.
ESR secures first sustainability-linked loan of $944m
This is a step towards ESR’s 2025 ESG roadmap.
Prime US REIT profit up 10.7% to $36.2m in Q3
Its leasing activity more than tripled in the same period, QoQ.
MAS presents new classification of investment products
This seeks to enhance the existing scheme originally introduced in 2012.
CapitaLand Investment to institute two private funds in Japan, South Korea
This is set to grow funds under management by $688m.
Capitaland, CDL to kick off CanningHill Piers sales gallery preview
Unit prices start at $1.16m.
Innovative companies are invited to join the Malaysia Technology Excellence Awards 2022
Submission of entries will end on 25 February 2022.
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