News
Singaporean’s spending to slow down in 2023: report
Singaporean’s spending to slow down in 2023: report
Real household spending is expected to grow by 2.28%.
Capitaland Ascott Trust reports RevPAU up by 88%
An increase in occupancy and average daily rates boosted RevPAU.
ESR-LOGOS REIT completes enhancement works for Queensland property
53 Peregrine Drive underwent enhancement to increase its gross floor area by 26,335 square meters.
Wilmar International core net profit up 38.2% to US$796m in Q3
It achieved record core net profit for the first nine months of the year.
CLCT’s net property income rises 7.5% YoY in 9M22
Its new economy portfolio drove the increase.
How insects could help feed 10 billion people by 2050
Singapore is a suitable launchpad for insect player to create insect-based diets.
Singapore-Malaysia Electricity Interconnector upgrade completed
The interconnector can now handle around 1,000MW of electricity flows.
Keppel REIT acquires S$85.7m office property in Japan
It plans to use the acquisition to pave the way for the firm’s entrance into Japan’s market.
Industrial properties boosted CapitaLand India Trust's Q3 total property income
Total property income grew by 13%.
Globe raises $410m in stocks rights offer
Singtel and Ayala Corporation are the company’s principal shareholders.
Non-resident workers in construction and manufacturing boost employment in Q3
Based on advanced estimates, total employment expanded by 75,600.
After mitigating cost pressures, Raffles Medical records 62.1% net profit growth
One of the biggest medical groups posted a net profit of $38.3m.
Chart of the Day: More Singaporeans plan to travel abroad in 2023
A study found that 52% intend to travel internationally next year.
Daily Markets Briefing: STI up 1.57%; Keppel Corp on top
Keppel Corp led the index with 4.66% gains.
Changi Airport reaches 62.6% of pre-COVID traffic in September
The airport handled 3.42 million passenger movements.
SGX Group enters deal to license MSCI Climate Action Indexes for listed future contracts
Through the agreement, the bourse will also develop a range of climate-related products.
Keppel, NUS, NTU eye development of a floating hybrid renewable energy system
The parties will study the technological and economic feasibility of its development.
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