News
Singaporeans 'lukewarm' to insurance intermediaries: study
Insurers are generally viewed as trustworthy.
Half of Singaporeans feel distant from achieving holistic goals
Three in five young consumers neglect to update their financial knowledge.
CBD commercial shophouse for sale for $19.8m
The expression of interest for 8 Circular Road will end on 22 August, 12 pm.
CLCT’s NPI down 7.4% YoY to $129.2m in H1
Its gross revenue was also down 7.4% to $184.5m.
Olam Group expects lower PATMI in H1
This is due to a lower almond crop yield and higher interest costs.
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%.
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