Staff Reporter
MNACT’s net profit rises by 4.1% YoY to $81.5m in Q1 FY22/23
MNACT’s net profit rises by 4.1% YoY to $81.5m in Q1 FY22/23
The profit growth was largely driven by two factors.
Mapletree Logistics Trust DPU up 5% YoY in Q1
The distribution per unit rose to 2.268 cents.
SGX, NYSE to collaborate on dual listing of companies
Other areas of collaboration include the exploration of ETF products.
Property investment sales to grow by 15% to 20% for whole of 2022
This despite a 36.9% decline in sales value in Q2.
Rising interest rates cut by half acquisitions by S-REITs: analyst
In H1, SREITs posted a total acquisition value of $3.6b.
Chart of the day: More than 4 out of 5 S’poreans said cost of living went up
Older Singaporeans felt the brunt of the increase more strongly than those younger.
Market update: STI down 0.52%
Jardine Matheson Holdings is the highest gainer with 1.42%.
Luxury condo sales up 46.2% QoQ in Q2
Total transactions were nearly $900m.
Not enough aid? 86% of Singaporeans want gov't to do more vs inflation
In June, the government announced a $1.5b support package for lower-income groups.
Lendlease launches first global road show
The roadshow will kick off in Singapore on 23 and 24 July.
OCBC SME Index: Which sector performed best in Q2?
The top sector's reading jumped to 52.8 in Q2 from 50.9 in Q1.
MCT, MNACT merger to make way for larger acquisitions, projects: analyst
The merger was effective on 21 July 2022.
Work flexibility no longer the main driver for Singaporeans to switch jobs
Four in 10 Singaporeans would rather get higher pay.
39% of semiconductor leaders think the Russia-Ukraine war will affect supply chain in 2023
Both countries produce materials used in semiconductor production.
Chart of the day: Salary disputes drop in 2021
Approximately 84% of salary claims were resolved that year.
Market update: STI up 1.68%
Banks were at the top.
Exports growth to slow in the second half of 2022: analysts
China's slowdown is amongst the factors dampening the global trade outlook.
Read Here
Advertise
Sign Up
Commentary
Is Singapore's emphasis on long-term security and stability hindering purpose-driven employees?
When Singapore's agentic AI ‘chefs’ arrive, will the kitchen be ready for them?
What Singapore’s app store rules reveal about the future of online trust
Faster hiring alone will not fix construction’s productivity problem
Beyond policy: How Singapore's service sector can win at the frontline
Solving the production problem behind Singapore’s ‘pilot purgatory’
Transformation without disruption: Your Existing ERP is an accelerant to business innovation
From Singapore to Southeast Asia: Thriving in innovation by knowing when to pause
Section 13O, MAS, and the digital footprint of Singapore Family Offices