News
CDL posts lower PATMI of $66.5m in 1H23
CDL posts lower PATMI of $66.5m in 1H23
The company attributed the decline to the absence of substantial divestment gains in 1H22.
7 SG companies land on Forbes ‘Best Under A Billion' list
The list features 200 top-performing small and mid-sized listed companies in APAC.
PropNex’ net attributable profit falls 18.4% YoY to $22.1m in 1H23
Given the lower profit, the company proposed an interim cash dividend of 2.5 cents a share.
Total investment in commercial property falls 65% QoQ in Q2
The value of the total investment went down to $1.8b.
HDB resale prices up 7% in July, but less flats resold
A total of 2,056 HDB flats were resold during the month, 13% lower than a year ago.
Is there still hope for NFTs? Study shows there’s still potential
Knight Frank said transactions hit US$4.7b in the first quarter of 2023.
Watches, wine, and rare whisky top ultra-rich Singaporeans’ luxury collectibles
Knight Frank reported a 7% increase in the luxury investment index.
Grade A business park development fund launched in India: CLI
The fund has a target size of $525m to invest in business parks.
Chart of the Day: 5 most popular HDB towns amongst Singaporean homebuyers
The top 5 HDB towns accounted for 37.4% of transactions in 2Q23.
Frasers Property posts ‘steady’ operational performance in Singapore
Its commercial portfolio occupancy grew for the fifth consecutive quarter.
UOB Kay Hian profit up 32.7% to $69.6m in H1
Its revenue was up 22.4$ to $287.8m.
Complaints vs airlines industry up 39% in H1
Industry complaints are also a trend in other countries.
Asking prices for landed and non-landed seen to moderate: report
The price growth for these property types is slowing down.
DBS chief Piyush Gupta sells 100,000 shares, nets S$3.42m
Of these, 91,900 were sold at S$34.2253.
Half of fintech investments in SEA are from Singapore – Robocash
Indonesia comes second with $20.8b.
Big banks, investors fund Endowus digital wealth leadership in Asia
It was able to raise $35m from global banks, existing investors, and four Asian billionaire families.
SingPost to pay additional $1.7m over arbitration proceedings
The arbitration was commenced by Tan Ho Sung against SingPost.
Commentary
Singapore is ready for EVs, but the industry needs to catch up
Navigating public–private collaboration in Singapore’s health tech and life sciences landscape
SG60: What the next 10 years have in store for Singapore’s investment landscape