News

CapitaLand Retail China Trust Q1 NPI down 7.7% to $37.18m

It lost income from CapitaMall Anzhen, which it sold 1 July 2017.

GuocoLand Q3 profits up 7% to $31.54m

It cited “healthy” sales for its residential projects in Singapore.

Jardine Cycle & Carriage Q1 profits crashed 36% to $135.4m

Astra’s contribution to its profit dipped 4%.

SIAEC inks $484m 12-year services agreement with SilkAir

The deal will cover services for SilkAir's Boeing 737 MAX aircraft.

Industrial property prices and rents are turning around

Property prices dipped 3.6%, whilst rents fell 2%.

Singapore's factory output grew 5.9% in March

This was bolstered by semiconductors, which has been growing at a double-digit rate for 25 months.

Changi Airport handled 5.56 million passengers in March

Aircraft movements also grew 5.4% to 32,590 landings and takeoffs.

Baltic Exchange to launch escrow service for vessel sales in Singapore

The service will go live in May 2018 and cost US$5,000 per side.

Far East Hospitality Trust profits up 4% to $23.01m in Q1

The influx of visitors from the Singapore Airshow last February partially contributed to higher earnings.

Delayed IPOs in Singapore are piling up

Summit Power has delayed its IPO, citing recent market volatility.

Frasers Hospitality Trust profits down 4% to $27.75m in Q2

The company’s property operating expenses edged up 0.4%.

Dairy Farm sells 14 7-Eleven stores

The portfolio is composed of 13 prime HDB shophouses and a retail shop.

Chart of the Day: 96.5% of taxpayers filed their tax returns on-time

About 780,000 of them filed tax returns electronically.

Daily Markets Briefing: STI down 0.46%

Investors are urged to take caution today.