News
Food Empire records 14.8% YoY decline in net profit in 9M23
Food Empire records 14.8% YoY decline in net profit in 9M23
The company attributed the decline to a US$1.4m exchange loss.
More Singaporeans are prioritising debt management: OCBC survey
Six in 10 are paying off their housing loans on target.
High-specification warehouse in Pandan Road up for sale via EOI
The property's floor area spans 126,800 sq ft.
HDB resale prices rise 0.5% MoM in October
Year-on-year, prices rose by 5.3%.
StarHub records a net profit growth of 36.5% YoY in 3Q22
Its net profit attributable to shareholders for the period was $37.3m.
Winking Studios plans to raise $8.0m in Catalist listing
The company is offering 40 million shares.
United Hampshire US REIT achieves higher net property income of US$38.7m in 9M23
The REIT’s net property income rose 12.2% YoY.
CapitaLand Investment’s revenue dips 3% YoY to $2.1b in 9M23
CLI’s real estate investment business weakened during the period.
IREIT’s portfolio occupancy slightly rises to 90.4% in 3Q23
In 2Q23, occupancy was at 88.7%.
Profit of Far East Orchard rises 18.8% YoY to $7.6m in 9M23
The company attributed improved financial performance to the strong recovery of its hospitality business.
Prime US REIT posts 3.3% YoY lower net property income of US$23.4m in 3Q23
The REIT also reported a lower income available for distribution of US$12.7m.
Singtel’s net profit soars 83% YoY to $2.14b in 1H24
The company attributed the increase to gains from Telkomsel’s integration of IndiHome.
GLS tenders seeing lower participation rate, but higher bids: experts
In the recent tender, the highest bid price was $1,360 psf ppr for the Lorong 1 Toa Payoh site.
SG commercial property investment volume cut by more than half in 3Q
Deal activity in Singapore totaled only US$571m.
Singlife receives $179.9m capital injection from Sumitomo Life
With 23.68 million new shares, Sumitomo Life now owning a 27.001% share.
Nanofilm's profit falls 28% YoY in Q3
The company attributed the decline to a challenging operating environment.
Singapore real wages to rise by 0.5% in 2024
Next year marks a rebound from the 1.5% decrease in real wages in 2023.
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