News
NEA decreases rental for hawker stalls to deter high bids
NEA decreases rental for hawker stalls to deter high bids
It will take effect on the hawker stall tender exercise.
SIA injects $1.1b into Airbus A350 Cabin Retrofit Programme
The programme is expected to be completed by 2030.
Elite UK REIT's distributable income rises 2.8% YoY. to £14m in 9M
Distribution per unit rose in tandem with distributable income.
CLI lands $261m from Mitsui O.S.K. Lines for SEA and India private funds
The SEA and India funds received $130m and $131m, respectively.
Divestments weigh on Cromwell European REIT's 9M NPI, down 0.8% YoY
The REIT's NPI for the period was €100.0m ($143.5m).
AIMS APAC REIT posts 5.1% NPI growth to $67.6m with strong rentals
The REIT's rental reversion rate in H1 was 16.9%.
CICT's 9M NPI climbs 5.4% YoY to $872.1m on rental income growth
Lower operating expenses also helped boost NPI.
Netlink NBN’s H1 profit dips 8.3% YoY to $48.5m on revenue decline
Revenue slipped by 0.2% YoY to $204.8m.
Bank Indonesia and MAS extend bilateral financial arrangement to 2027
The arrangement consists of two agreements.
IREIT Global names Peter Viens as new CEO
Louis d’Estienne d’Orves has stepped down as CEO to take on a non-executive director role.
CCCS seeks public feedback on Hedychium’s proposed acquisition of PropertyGuru
Feedback submission will close on 18 November.
Tung Lok Restaurants net loss reaches $2.6m in H1 2025
The group’s revenue decreased by 9.5% to $38.5m from $42.6m in H1 2024.
Daily Markets Briefing: STI up 0.47%; Top stock is DBS
DBS is the top stock with a 0.8% increase.
Singapore leads APAC in life sciences investments
Amongst notable deals in 9M24 is the US$206m acquisition of Ho Bee Land’s Elementum.
SG to launch national strategy for allied health professionals
It will also implement a mandatory continuing professional education by 2026.
MAS unveils plan to advance tokenisation in financial services
The plan focuses on four areas.
Buangkok Bus Interchange opens 1 December
It will initially operate bus services 110, 114, and 156.
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Commentary
SG60: What the next 10 years have in store for Singapore’s investment landscape
Microclimate retrofitting could be Singapore’s next big sustainability play