News

Elite UK REIT’s FY2024 NPI down 10.3% YoY; DPU up 5.0%

The DPU increase was driven by an increase in portfolio valuation.

DBS’ 2024 net profit up 11%; plans quarterly capital return dividend

DBS will also set aside S$32m for a one-time bonus of S$1,000 to all staff.

IHH seeks up to $1.7b in compensation from JP’s Daiichi Sankyo over Fortis deal

Northern TK Venture filed a claim against Daiichi Sankyo saying the latter prevented NTK from proceeding with its open offer.

37 skills shift to high transferability in 2024, demand to grow in 2025: report

These skills make up about 9% across the three economies in Singapore.

CICT’s retail, office segments to grow due to strong rental reversions: DBS

Its property value increased by 6.2% YoY to $26b following year-end valuations.

Shopee launches international platform to boost Singapore sellers

It helps local sellers expand into Malaysia and Thailand at no extra cost.

Asia Airfreight Terminal, SATS HK partner DHL to boost air cargo operations

The partnership will support air cargo movements through Hong Kong.

Keppel core earnings to see 8% CAGR in next two years: DBS

This is due to expanding funds under management.

Singapore assets to drive LREIT’s FY2025 DPU: DBS

DBS expects strong rental reversions from LREIT’s Singapore properties.

Keppel Pacific Oak US Reit portfolio occupancy to remain above industry average

UOBKH expects a small occupancy dip in the first quarter of 2025 before recovering.

Singapore named 9th best city for fintech startups globally

Bangalore ranked 5th and New Delhi was 10th globally.

F&N's attributable profit rises 18.8% YoY in Q1 2025

Strong performance from its F&B segment drove the increase.

Prime residential capital value see modest rise in 2024

Singapore’s ranking improved, climbing four spots to 25th.

ES Group to post net profit for 2024

The group’s ES Jewel vessel was in full operation during the year.