News
Stability expected for industrial property despite worrying manufacturing sector
Stability expected for industrial property despite worrying manufacturing sector
Demand and occupancy rates continued to rise in the second quarter of 2023.
Mapletree Industrial Trust’s net income up 0.7% to $130.84m in Q1
Higher borrowing costs tempered growth in the net property income.
Hotel average room rates were almost unchanged in June
It inched up to $273.85.
OUE C-REIT’s distributable income drops 3.3% YoY to $57.6m in 1H23
This translates to a 2.8% YoY lower distribution per unit.
AIMS APAC REIT posts 4.2% YoY higher net property income in 1Q24
It recorded an NPI of $32.3m.
A*STAR rolls out R&D programme for high-performance EV component
It will also bolster the local electric vehicle (EV) supplier ecosystem.
Online nomination of insurance beneficiaries available soon: MAS
Singapore has amended insurance regulations to allow online nomination of beneficiaries.
Keppel Pacific Oak US Reit’s DPU drops 17.2% YoY in H1
The distribution per unit (DPU) was at 2.50 US cents (3.3 cents).
Manufacturing output drops 4.9% in June
Excluding the biomedical manufacturing segment, the output would’ve fallen 5.2%.
Keppel Infrastructure Trust’s DPU increases to 1.93 cents in H1
It was a gradual increase of 1% increase YoY.
Daily Markets Briefing: STI up 0.57%; Keppel Corporation is top stock
Keppel Corporation closed trading at 1.45%.
Singaporean bosses say company culture is a top factor in retaining workers
This was followed by compensation and work flexibility.
Singapore to stop 3G services on 31 July 2024
Mobile operators will take proactive measures to help 3G users shift to newer networks.
Two sites launched under IGLS programme
The sites are located in Tampines North Drive and Jalan Papan.
SIA Engineering net profit more than doubles to $27m in Q1 FY23-24
It posted its first quarter of operating profit since the pandemic.
PLife REIT NPI up 25.1% YoY to $70.1m in H1
Its gross revenue rose by 23.6% YoY to $74.4m.
Condo resale market to see more sales activity in 2H23
In 2Q23, sales volume only dipped by 1.5% despite the April cooling measures.
Read Here
Advertise
Sign Up
Commentary
Bootstrapping in Singapore: How small startups can thrive without investors
How outdated financial solutions are fuelling the SME exodus
The role passwordless plays in securing Singapore’s digital future
Green shipping's future: Strategic partnership between public and private finance
The great Singapore family business transition: Why legacy companies are choosing sales over succession
Why SG60 must mark a cybersecurity turning point
What the global financial crisis can teach Singapore about decision-making today
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