News
Prime US REIT’s NPI drops 7.2% YoY to US$23.6m in Q1
Given the drop, the REIT also posted a lower distributable income of US$14.9m.
CLI sees improved revenue in Q1
Its real estate investment business saw an 11% YoY increase.
MUST’s portfolio occupancy falls to 86.1% in Q1
The REIT attributed the decline to Carter’s downsizing at Phipps.
Authorized and recognized unit trusts post net inflows of $897.58m in Q1
For now, Morningstar sees global slowdown impact has yet to come to fruition.
Daily Markets Briefing: STI down 0.02%, Sembcorp Industries is leading
Sembcorp Industries and HongkongLand are the most active stocks.
China reopening gains remain limited to Singapore and other ASEAN-4 markets
The only upside to China's reopening is the potential increase in outbound tourism.
Chart of the Day: Prices of property sale listings grew 0.7% in Q1
It rebounded close to the data from the third quarter (Q3) of 2022.
Singaporean proptech Ohmyhome debuts on NASDAQ
CEO Rhonda Wong discusses plans for expansion and growth in Southeast Asia after the IPO.
About 9 in 10 CISOs say resigned employees contribute to data breaches
Over half of security leaders reported loss of sensitive data in the past 12 months.
Live pig exports to Pulau Buluan likely to be suspended for another year: SFA
The government halted its production and import of live pigs from Pulau Bulan in April 2022.
Mirae Asset Securities SG joins SGX as new trading member
The membership would enhance the company's Asia-centric investment strategies.
Sri Trang Gloves revenue crashes 35.6% to $180.7m YoY in Q1
It is due to the lower average selling price of gloves in the global market.
SG records 959 bankruptcy filings in Q123
The figure is higher than the application received in Q122.
UBS appoints new CFO following Credit Suisse’s takeover
Todd Tuckner will take on the CFO post at the close of the acquisition.
FLCT's Robert Wallace extends service until 1 August
Wallace resigned as CEO of FLCT’s manager in February.
OCBC hits record net profit, declares S$1.68 EPS for Q1
Net profit of S$1.88b is 39% higher than in Q1 2022.
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