News
MapleTree Industrial trust divests Michigan data centre for $13.8m
MapleTree Industrial trust divests Michigan data centre for $13.8m
It was sold to a non-interested third-party purchaser.
Top Glove Corporation's net profit plunges by 99% to $9.14m in Q3 2022
In the same period last year, its profit was $816.54m (RM2.06b).
S-REITs to provide higher income, resilience amidst global disruption: HSBC
Singapore’s economy will stand out from a growth trajectory perspective.
Changi Airport cuts down losses to $838m in FY21/22
Losses were cut on the back of a 33% increase in the group's revenue.
Private residential supply up by 12.5% to resolve unsold inventory
The residential supply under the government programme was up to 3,505 units.
Chart of the day: Professional forecasters predict 4.8% economic growth in Q2
They expect GDP to expand by 3.8% by the end of 2022.
Market update: STI down at 0.5%
DFI Retail Group got the top index spot.
ComfortDelGro teams up with Alipay+ to enable cashless payments for tourists
Tourists, mainly Malaysians and South Koreans, can now use their local e-wallets to pay.
OCBC US$750m Tier 2 notes priced at 4.602%
Proceeds will be used for general corporate purposes.
HDB resale volume drops 5.1% MoM in May
May marked the second month of the decline in resale volume.
Lakepoint Condominium’s tender closes with no bids
It was relaunched for collective sale with a reserve price of $640m.
Yangzijiang Financial Holding puts up $200m share buy-back programme
It will increase shareholders’ value and improve return on equity.
Investors reduce exposure to US markets in May: broker
TD Ameritrade said its clients' score in the Investor Movement Index dropped to 5.74.
How Singapore can resolve economic barriers, uncertainties: MTI
It must invest in open trade, manage inflation, and reach climate goals.
Over 1,000 eco-friendly aviation fuel credits to roll out in July
The credits are expected to cut carbon emissions by 2,500 tonnes.
SG-based Capital C Corporation bags $74min fresh funds
The firm was founded by brothers Jeames Cheow and JJohn Cheow in 2011.
New electric car registrations rose more than twice the rate in 2021
It accounted for 8.4% of all new car registrations.
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Commentary
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