News

7 in 10 SG workers feel unready with working digitally: Salesforce

However, only 29% were actively involved in digital skills training.

Ascott Residence Trust DPS up 43% YoY to 4.23 cents for FY2021

Distribution income in the same period also jumped by 46% YoY to $137.3m.

DBS appoints Helge Muenkel as chief sustainability officer

Muenkel was ING’s head of APAC for sustainable finance and GCM.

CICT’s net profit rises to $478.92m in H2 2021

This pushed the trust’s distributable income to $259.7m.

DBS acquires Citi’s Taiwan consumer banking business

DBS will pay Citi in cash for the net assets plus a premium of S$956m.

Industrial prices and rent to increase between 3% to 5% in 2022

In 2021, price and rent indices increased by 4.4% and 2%, respectively.

4 of 5 Singapore employees want four-day workweek and flexibility

More than half of the professionals are working beyond the 44-hour workweek standard.

Market update: STI down 0.38%

Sembcorp Industries was seen with the most growth.

Keppel REIT YoY unit distribution grows 9%

Units distributed amounted to $212.1m, including capital gains distribution of $2.0m.

Keppel DC REIT DPU up 7.4% to 9.85 cents for FY 2021

The group’s portfolio remained stable throughout the year with an occupancy rate of 98.3%.

ESR-REIT gross revenue grows 5% for FY21

The amount available for distribution also increased 15.4% YoY to $114.4m.

Guocoland profit attributable triples to $67.5m for H1 FY21/22

Revenue for the period also increased by 42% for the period, hitting a total of $452.7m.

Singapore inks PASFTA with Latin America

This is to establish new trade linkages with the region.

Novo Tellus Alpha Acquisition opens at $5 in SGX debut

It’s the third SPAC to be listed on the mainboard.