News
OUE Healthcare expects higher profit for 2H23 and FY23
OUE Healthcare expects higher profit for 2H23 and FY23
The company attributed the expected increase to net fair value gains.
Wilmar International’s net profit dwindles to US$1.5b in FY23
The FY23 net profit was 36.5% lower than the FY22 record.
1.44 million travellers visited Singapore in January
The average length of stay dropped to just 3.45 days, from 4.32 days a year ago.
Prime US REIT’s distributable income slips 2.1% YoY to US$28.6m in 2H23
The REIT attributed the decline to higher finance costs.
Net property income of ARA H-Trust rises 15.1% YoY to US$47.7m in FY23
The REIT attributed the increase to improved revenues and robust operational performance.
UHREIT posts 7.6% YoY higher net property income in FY23
NPI for the period was US$50.7m.
Singlife ramps up interest rates of flagship digital savings plan
Half of Singaporeans find it hard to meet conditions for maximum interest rates on savings accounts.
Lower property tax to benefit most private owners
Singapore will likely see a 20%-30% lower property tax in 2025.
Daily Markets Briefing: STI down 0.87%; Top stock is SIA
SIA is the top stock despite a 9.498% decrease.
Lack of AI guidelines puts businesses, customer privacy at risk, study warns
80% of staff want AI guidelines, training in the workplace.
Singapore among the top career locations to move to for APAC workers: survey
Improved salaries and remuneration the main reason for moving.
3-storey shophouse with rear extension in Boat Quay Precinct up for sale
The indicative guide price for the property is $23.65m.
First Sponsor Group’s net profit drops in FY23
The group reported a net profit of $12.5m.
Singaporean finance and tech professionals earn less than Hong Kong peers: Bloomberg
Investment banking analysts in Hong Kong earn 46% more than Singaporeans.
Pavilion Energy deploys 1st ship-to-ship LNG bunkering to Rio Tinto
It delivered 1,970 metric tonnes of LNG to a Rio Tinto-charted bulk carrier.
2-storey F&B shophouse in CBD up for sale
The public expression of interest exercise ends on 27 March, 3 pm.
Sabana Industrial REIT Trustee sees “little value” in convening an EGM now
Further announcements will be made in due course.
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Commentary
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