News
CapitaLand Ascott Trust's gross profit up 8% on portfolio reconstitution efforts
CapitaLand Ascott Trust's gross profit up 8% on portfolio reconstitution efforts
These efforts include acquisitions and asset enhancement initiatives.
S'pore consumers plan to shop in holiday sales period
Nearly a quarter plan to shop via TikTok Shop, followed by other apps like Amazon and Grab.
NUS and NTU launch $50m programme for startups
It aims to train 300 startups and nurture 150 spin-offs.
Trust Bank, Income Insurance rolls out new travel insurance
It offers coverage for unused entertainment tickets, and shopping and baggage coverage.
Digital economy accounts for $113b of SG's GDP
The sector surpassed finance and insurance.
CDL to launch Union Square Residences
Sales bookings are scheduled to begin on 16 November.
CSA, Blackpanda sign MoC to enhance cybersecurity measures
The firm has previously worked with the police by exchanging cybercrime intel.
Healthway Medical launches new foot care services for diabetics
The team will use a multidisciplinary approach.
Employment growth doubles in Q3 as resident and non-resident hiring rises
Advanced estimates show that employment grew by 24,100.
New stores and sales lift Sheng Siong’s Q3 profit by 12.4% YoY in Q3
It now has 79 stores.
Mapletree Industrial Trust’s NPI up 4.6% in Q2 to $134.5m
It attributed the increase to contributions from the Osaka Data Centre.
Higher contributions from Singapore lift Starhill Global REIT NPI by 1.4% YoY
Perth assets also contributed.
CapitaLand China Trust’s NPI declines 5.1% YoY as occupancies and rentals soften
NPI for the 9M2024 was RMB930.2m.
MAS fines Atrium Asia Investment $1.9M for AML/CFT compliance breaches
It breached the requirements from June 2015 to October 2020.
EMA, ENEC to develop Singapore’s nuclear capabilities
They will look into emerging technologies and human resource development amongst others.
Civmec’s EBITDA slightly rises in Q1 FY25
The firm’s revenues also increased.
VibroPower warns of potential HY2025 loss
The initial assessment did not include potential gains from a divestment.
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Commentary
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