Markets & Investing
Majority of SFOs in Singapore outsource business functions
One of the business functions SFOs outsource is IT (77%).
Majority of SFOs in Singapore outsource business functions
One of the business functions SFOs outsource is IT (77%).
CapitaLand aims to grow Vietnam residential units to 27,000 by 2028
CLD plans to focus on large-scale projects in Hanoi, Ho Chi Minh, and Binh Duong.
SGC to back local, ASEAN companies expanding into Baden-Württemberg
Baden-Württemberg has attracted over 6,500 foreign firms.
Elite REIT bags £135m debt facilities
The REIT will use the fund to refinance its existing loan facilities.
Singapore unit trusts swing to $998M net outflows in Q4
Analysts are cautiously optimistic for both stocks and bonds this year.
Paragon REIT declines acquisition offer for The Seletar Mall
The REIT cited the potential dilution of DPU as a factor that led to the decision.
Gov’t to roll out 'Tender Lite' in April
The category will cover tenders up to $1m for general goods and services.
Far East Orchard triples net profit in FY23
Net profit for the period was $66.0m.
Yangzijiang Financial net profits up 25% to $201.8m in FY2023
A dividend payment of S$0.022 per share has been proposed.
How Singapore is competing to host Asia's newly minted wealthy
By 2028, Asia's wealthy population will be almost 40% larger than in 2023.
Jardine C&C reports 6% profit growth to $1.6b in FY23, Astra leads performance
Earnings per share ended at 308 US cents for 2023.
CapitaLand Investment’s PATMI down 6% to $781m in FY2023.
CLI has proposed a core dividend of 12 Singapore cents per ordinary share.
Property investment volume drops 30.6% YoY to $20.8b in 2023
GLS tenders accounted for 37.2% of total investment last year.
Gallant Venture records a $16m net loss in H2 FY23
The loss came despite the 4% increase in revenue.
Straits Trading cuts losses by 64.3% YoY to $43.5m in 2H23
In 1H23, the company recorded a $121.8m loss.
Trustee-manager of Dasin Retail Trust hit with winding up petition from ex-CEO
The trustee-manager has received two winding-up petitions.
Cromwell EREIT posts 8.7% YoY lower income of €88.3m in FY23
The REIT also declared an 8.7% YoY lower DPU of €0.15693.
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