News
Keppel O&M unit inks $155m worth of bareboat charter contracts with ADES
Keppel O&M unit inks $155m worth of bareboat charter contracts with ADES
The contract will run for five years.
Frasers Logistics & Commercial Trust DPU down 2.8% in H2 FY22
It posted 3.77 cents of distribution per unit.
Cromwell E-REIT's distributable income falls 0.4% YoY to €24.179m in Q3
This is despite recording a 4.1% YoY increase in its net property income.
MAS, NY Fed to experiment on the use of whole CBDCs to enhance cross-border payments
The project aims to significantly reduce settlement risk.
Commercial investment volumes rise 30% YoY to US$1.5b in Q3: MSCI
Singapore ranked 6th amongst APAC countries with the highest investment volume.
Rebound in supply shortage raises ride-hailing fares: analyst
This even as the pump prices are easing.
Singapore rental index for private homes rise to highest in 24 years
Rents for landed and non-landed homes are 10.9% and 8.3% higher, respectively.
Singapore’s Investor Movement Index dips to lowest in 2022
Investors were exercising more caution as they brace for a possible recession.
Colliers appoints new APAC Managing Director for Global Capital Markets
The appointee will take over the post on 1 January 2023.
Chris Pilgrim has been named Collier’s new Managing Director of Global Capital Markets for the Asia Pacific (APAC).
Pilgrim will take over the post on 1 January 2023.
CapitaLand Investment Limited to divest Queensbay Mall in Malaysia for $300.3m
The value represents a premium of 3.8% to CLI’s valuation in December 2021.
Singapore life insurance new business premiums down by 5.9% in Q3
However, take up for new policies picked up by 12.8% in the quarter.
OKP bags $100.3m LTA contract for commuter infrastructure enhancement
The contract involves the construction of covered linkways at new MRT stations.
PropNex records highest net profit for 2022 of $18.2m
The real estate agency attributed the increase to its bigger revenue.
APAC Realty's revenue drops 3.2% YoY to $523.9m in 9M22
The decline in sales across markets dragged revenue down.
Higher SERS compensation package gives residents more ‘certainty:’ Huttons
HDB said the value was higher than earlier estimates.
MAS grants Atome in-principle approval to be a Major Payment Institution
Atome can now perform regulated payment services in Singapore.
Singtel's first-half net profit rises 23% YoY to $1.17b
The company's partial divestment of its stake in Airtel helped boost its profit.
Commentary
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