News
Manufacturing sector’s business outlook deteriorates
This as firms experience slow demand for manufactured goods.
Cromwell European Reit’s portfolio valuation down to $3.5b
The CEREIT’s portfolio reduced 1.6% compared to June 2022.
China’s economic reopening not enough to beat slowing global growth: IMF
A Reuters report showed that Singapore and ASEAN nations are affected.
Daily Markets Briefing: STI down 0.43%; Yangzijiang is top active stock
Yangzijiang Shipbuilding is the most active stock.
Signed leases and cooling measures boost HDB rental volume December 2022
Condo and HDB rental market increased in December 2022.
HDB rent prices up 28.5% in December
More HDB flats were rented out in December than the previous month.
Condo rents up 34.4% in December
More condos were rented in December than the previous month, but lower than a year ago.
Keppel Infrastructure Trust distributable income up 15.8%YoY to $222.5m in FY2022
This is due to new acquisitions and the performance of Ixom.
Here’s how many Singaporeans use social media
The portion of users dropped this year, compared to 2022.
OUE C-REIT posts higher NPI of $103.3m in H2 2022
Lower rental rebates drove the increase.
ESR-LOGOS REIT’s NPI soars 41.0% YoY to $244.2m in FY22
The REIT attributes the increase to contributions from ALOG Trust.
Chip Eng Seng subsidiaries bag $562m contract for Cross Island Line-Punggol Extension
They will design and construct the Elias stations and tunnels under the CPe.
EC World extends long-stop date for divestment of 2 Chinese assets
The long-stop date will be extended to 28 February.
Changi Airport handles 32.2 million passengers in 2022
The Singapore-Kuala Lumpur route is the world’s busiest international route based on seat capacity.
Negotiations on St Katharine Docks acquisition underway: CDL
The company clarified reports it has acquired London-based SKD.
Lincotrade secures $35m AEI contract
The contract comprises service apartments, mall, and office spaces.
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Commentary
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