News
Mapletree Industrial Trust's NPI grew 14% to $81.91m in Q3 2019
Mapletree Industrial Trust's NPI grew 14% to $81.91m in Q3 2019
Improved occupancy from its business park buildings drove growth.
CMT and CCT merge to form Singapore's largest REIT
It is set to be CapitaLand’s primary investment vehicle for commercial real estate in Singapore.
CapitaLand Mall Trust's NPI up 13.1% to $558.22m in 2019
The acquisition of Infinity Mall Trust was its main revenue driver.
Chart of the Day: Warehouse and logistics rents fell 0.8% in Q4 2019
Weak manufacturing performance dragged on industrial demand.
Daily Markets Briefing: STI down 1%
ThaiBev saw the sharpest decline amongst top active stocks with a 4.12% contraction.
Daily Briefing: CrimsonLogic unit eyes digital bank licence; Malaysia mulls social security for workers in Singapore
And digital wealth management startup Kristal.AI raises $8m in its series A funding round.
The worst may be over for MNACT
Much of the drag in earnings from Festival Walk’s closure already occured in Q3.
Yanlord's cash offer for UEL shares comes to an end
It will have control of 96% of UEL’s ordinary shares.
Keppel Infrastructure Trust back in the black with $10.19m profit in 2019
Earnings was largely driven by contributions from Australian chemical farm Ixom.
Mapletree Logistics Trust's NPI up 3.9% to $108.56m in Q3
Higher contributions from properties in Australia, South Korea and Vietnam boosted income.
Chart of the Day: Industrial property supply to hit 26.2 million sqft by 2022
Occupancy and rental rates are expected to receive support with a tapered supply.
Daily Markets Briefing: STI down 0.03%
Genting Sing led the gains amongst top active stocks with a 0.53% expansion.
Daily Briefing: EDB unveils new startup programme; NEA and SkillsFuture Singapore launches Hawkers' Development Programme
And a third of businesses plan to restructure amidst trade disputes.
Engineering firm DLF queried over series of board resignations
Its group CFO resigned after serving for only three months.
Electronics exports to improve in 2020
MAS is expected to maintain a slight appreciation bias for the $NEER in April.
MNACT's NPI plummets 40% to $50.78m in Q3
The closing of Festival Walk for repairs dragged down its profits.
Olam restructures into two new operating groups
This will allow investors to participate in two diverse themes via carve-outs or IPO listing.
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