News

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

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.

Goldilocks files lawsuit against Noble

It is seeking to postpone the annual general meeting for the restructuring.

TripleOne Somerset secures tenant in co-working space firm IWG

IWG will lease 35,000 sqft and two floors for its Amsterdam-grown Spaces concept.

Venture Corp's Q1 profits soared 72.2% to $83.67m

It cited its operations in engineering and advanced manufacturing as a driver of growth.

Sembmarine Q1 profits sank 85.7% to $5.32m

It said recovery in rig orders will take some time as drilling segments remain oversupplied.

Mapletree Greater China Commercial Q4 NPI down 6% to $72.86m

Revenue fell due to the reversal in VAT for Gateway Plaza.

Noble chairman refutes Goldilocks' attacks

Paul Brough encouraged shareholders to vote in favour of the restructuring.

MPA inks $1.46b contract for Tuas Terminal Phase II development

It is part of the seven deals it signed with maritime partners.

Frasers Centrepoint Trust Q2 NPI up 6.9% to $34.8m

The revamp of Northpoint City North Wing allowed it to recover revenue.

Suntec REIT Q1 net property income up 1.9% to $62.99m

It was boosted by higher revenue from Suntec Singapore and Suntec City Mall.

Outlook on real estate reaches an 8-year high at 7.1 points

But market players are growing worried about risks like rising interest rates and oversupply.