News
Novo Tellus Alpha Acquisition opens at $5 in SGX debut
Novo Tellus Alpha Acquisition opens at $5 in SGX debut
It’s the third SPAC to be listed on the mainboard.
Singapore EDB lures $11.8b in fixed asset investments in 2021
The investments are expected to create over 17,000 jobs.
Mapletree Commercial Trust NPI up 5.6% YoY to hit $291.31m in FY21/22
Thanks to the higher compensation received from lease pre-terminations.
AA REIT’s net profit jumps 14.5% to $27.07m in Q3 FY22
This brought the REIT’s distributions to unitholders to $16.7m.
2021 GDP growth forecast raised to 7.3%
This is on the back of a 15.5% YoY expansion of industrial production Q4 2021.
MAS to further steepen S$NEER gradient in April: analysts
This is despite MAS’ surprise-off cycle tightening in January.
Market update: STI up 0.79%
Wilmar International had the most growth.
UOB projects Budget 2021 deficit at $5.8b
The value is 1.1% of Singapore's GDP.
Singapore manufacturing output up 15.6% YoY in December 2021
Excluding biomedical manufacturing, output grew by 5%.
Suntec REIT DPU up 17.1% YoY to 8.67 cents for FY21
The result was due to a higher distribution income of $129m.
Mapletree Industrial Trust DPU grows 6.4% in Q3 FY21/22
The growth was supported by the portfolio acquisition of data centres in North America.
KPMG answers 5 FAQs on SG Carbon Tax
Some of the questions were about the tax rate and scope.
Singapore tops in APAC Data Centre Market Ranking
Globally, the country placed second.
SGREIT's net profit rises 7.2% YoY to $69.64m in H1 FY21/22
Despite a profit increase, income available for distribution declined by 1.3%.
FCT maintains occupancy rate of 97.2% for Q1
Thanks to the healthy demand in retail spaces with the malls.
ALOG’s net income jumps 16.6% YoY to $104.9m
The increase was attributed to the completion of its Australian portfolio acquisition.
Non-landed homes see 9% sales decline to $1.9b for H2 2021
225 units were transacted in the same period.
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Commentary
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