News
Greenwashing? Nearly 70% of top-level executives admit overstating sustainability goals
Greenwashing? Nearly 70% of top-level executives admit overstating sustainability goals
But 92% believe greenwashing is “accidental.”
Suntec REIT’s distributable income drops 26.8% YoY to $50.3m in 1Q23
Given the drop, it recorded a 27.4% YoY lower DPU to unitholders.
FCT’s net property income rises 5.7% YoY to $137.96m in 1H23
Despite the increase, it recorded a 0.1% YoY lower DPU of $0.06130.
ESR-LOGOS REIT net property income soars 78.2% to $70.4m in 1Q 2023
The contributions from ARA LOGOS Logistics Trust after its merger drove the growth.
Core inflation to fall below 5.0% in remaining quarters
RHB expects core inflation to fall at around 2.5% at year-end.
New fare formula to balance affordable rates and public transport’s financial stability
The government considered inflation and ridership patterns in the adjustment.
CapitaLand Ascott Trust’s gross profit grew nearly 60% YoY in Q1
New properties’ operating performance led to growth.
HDB rents rise 0.7% MoM in March
By room type, 3 Room recorded the highest rent increase.
Condo rents drop 0.3% MoM in March
Rents across sub-markets dropped in March, except for CCR.
Condo resale prices up 1.4% in March amidst widening price gap with new homes
Analysts said more buyers are turning to secondary market.
Daily Markets Briefing: STI down 0.84%; CapitaLand Invest is most active stock
Two CapitaLand firms are at the top.
Chart of the Day: Singaporeans’ preferences towards travel
Half of the travellers are staying in five-star hotels.
Two SG companies enter Top 500 Family Businesses
All of them generate a combined $10.72t in revenue.
Alipay+ accessible in 11,000 SG Hawker Centre stalls
Users of the platform and partner e-wallets can pay through the SGQR.
Precious metals seen as conservative trade in volatile economic environment
Expert suggests 10%-25% allocation in precious metals as volatility in macroeconomic situations calls for diversifying investment portfolios.
MPA extends partnership with SMU to support maritime talent exchange
The extension will help the industry's transformation towards digitalisation and decarbonisation.
Parkway Life REIT’s NPI up 23.5% YoY in Q1
The real estate firm’s net property income (NPI) grew to $35.2m.
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