Staff Reporter
National Healthcare Group and Accredify partner to expand health platform
This includes providing shared care services through referrals from GPs and community partners.
Grab and Trans-cab deal called off
Both parties have withdrawn their application from the CCCS.
Private residential market prices up 0.9% in Q2
Prices of landed properties and condos rose at a slower pace.
HDB resale prices up 2.3% in Q2
A record 236 units were resold for a million dollars or more.
Suntec REIT’s H1 distributable income is $88.7m; DPU is 3.042 cents
Higher costs and vacancies in its Australia and UK properties weighed on income.
SGX-listed Elite UK REIT’s portfolio valued at $716.6m in H1
This is a 0.6% rise from its property valuation in end-2023.
CapitaLand Ascott Trust profits up 12%; DPU is 2.55 cents
Higher room rates in key markets like Japan and US drove up RevPAU.
Singapore industrial rents down 0.7% QoQ in Q2
This marks the slowest quarterly growth since Q1 2022.
Retail property sector growth to be ‘measured and slow’ for the rest of the year
Rising rents and operating costs have deterred retailers from expanding.
CapitaLand Ascott Trust acquires 10% stake in Columbia Student Venture
The acquisition was valued at $6.4 m.
Mapletree Industrial Trust DPU up 1.2% YoY in Q1
Revenue also increased by 2.7% to $175.3m during the same period.
Changi Airport passenger traffic up by 13.4% in Q2
China saw the highest growth amongst Changi’s top markets.
Oxley Holdings further denies CEO’s links to Venice corruption probe
It clarified that CEO Ching Chiat Kwong acted on its behalf when evaluating the Pili Land.
Hiap Tong Corporation announces board changes
This is in effect as of 25 July.
First REIT’S DPU down 3.2% in H1 2024
The decrease was due to the weak yen and rupiah against the Singapore dollar.
Yoma chair Serge Pun steps down
Pun Chi Tung Melvyn takes the helm as chairman and CEO.
Read Here
Advertise
Sign Up
Commentary
‘Tokenmaxxing’ – The wrong AI race to run in Singapore
To outsmart modern fraud, we must first know the enemy
Why Singapore SMEs cannot wait for quantum cyber risk to arrive before securing data
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