News
Keppel Corporation profits dropped 39.3% to $356.28m in H1
The lack of en-bloc sales and lower contributions from property trading weighed on its earnings.
SATS Q1 profits down 14.4% to $54.7m
It was hit by lower cargo revenue and the consolidation expenses of its GTR entities.
COE supply to fall by 17.7% for August-October
The quota will fall to 20,850 from 25,347 in May-July.
Can Keppel DC REIT achieve 7% cap rate level?
Some of its acquisitions have been delayed or taken off the market.
Daily Markets Briefing: STI down 0.11%
UOB led the gains after its stock rose 0.23%.
Chart of the Day: Total property investment sales hit $9.8m in H1
Public investment sales dipped by 56.6% QoQ to $957.5m in Q2.
Daily Briefing: Check out investment bankers' salaries at JP Morgan; US VoIP firm 8×8 buys local startup Wavecell for $169.9m
And UOB partners with SG Enable, ARC, MINDS and SPD to boost inclusive hiring in Singapore.
How much petrol can the average Singaporean afford?
He can buy more than an average Hongkonger with a month’s salary.
Singapore to invest $400m in revamping drainage systems
This is expected to mitigate flooding and build up climate resilience.
Cromwell EREIT buys three assets in France for $122.7m
Its portfolio now comprises about 100 properties across Europe.
Sembcorp Marine queried over ‘unusual' share price movement
More than 21 million shares of Sembcorp Marine were traded in Wednesday, fuelled by last-minute activity.
2.8 million cyberthreats plagued Singapore servers in Q2: report
It’s the 11th largest source of cyberthreats in the world.
Revamp works to weigh on CapitaLand Commercial Trust's income
It could lose $23m-$25m of income if 21 Collyer Quay is closed for a year.
Higher renewed rents could uplift Keppel REIT
Its Singapore portfolio also enjoys a committed occupancy of 98.9%.
104-year-old mid-rise Leshan Gardens up for sale
There is potential for 50 new residential units upon redevelopment.
CapitaLand Commercial Trust's $220m private placement five times oversubscribed
The new units will start trading on SGX-ST on 29 July.
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Commentary
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