News
Manulife US REIT registers lower first-half performance
Manulife US REIT registers lower first-half performance
Distributions for the first half of the year will be halted.
DBS completes integration of Citi Taiwan consumer business
Almost 3,000 Citi employees are now part of DBS Taiwan.
TMW Maxwell offers 80 units, sells seven units in phase 1
The initial phase saw seven units sold at prices ranging from $1.5m to $2.5m.
Dasin Retail Trust announces ‘events of default’ under $106.61m offshore facility
All commitments under the facility will be immediately cancelled.
Quek & Quek Civil Engineering bags Woodlands Avenue 8 tender for $6.9m
The tender for the industrial site closed on 20 June.
Golden Agri’s net profit cut by half in 1H23
Its profit fell to US$182m.
Yangzijiang Financial Holding’s net profit jumps 19.2% YoY to $162.5m in 1H23
Given the increase, the group also recorded a higher diluted EPS of $0.0439.
Industrial rental growth decelerates to 2.1% QoQ in 2Q23
Higher supply will continue to moderate rental growth, said Colliers.
SC Global Developments brings artsy residential living to Singapore
Cuscaden Reserve’s prices of units start from $2.35m.
UHREIT reveals lower DPU YoY in H1
The retention of a property led to a lower DPU in the first half (H1) of 2023.
CEREIT’s DPU moderately drops by 4.5% YoY in H1
It was hit by the higher interest rates.
Lower almond yields and high-interest rates lower Olam Group’s H1 PATMI
The SGX-listed group posted $47.9m PATMI in the first half (H1) of 2023.
Daily Markets Briefing: STI declines 0.86%; Genting Singapore is top gainer
Genting Singapore traded 3.80% up.
What motivates Singaporeans to increase travel spending
The top reason is to see their friends and family.
Singapore’s life insurance premium down 17% in the first half of 2023
Single-premium policy’s performance dragged the overall sector’s result.
ST Eng'g net profit up 0.2% to S$280.6m in H1; interim dividend is 0.4 cents
The urban solutions and satcom segment saw an EBIT loss of S$34m.
Singaporeans increase travel spending by $325
Over 42% of Singaporeans polled said they would spend more on travel in 2023.
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