Singapore
EC World REIT’s distribution per unit drops 32.8% YoY in 3Q23
The REIT also reported lower net property income and gross revenue during the period.
EC World REIT’s distribution per unit drops 32.8% YoY in 3Q23
The REIT also reported lower net property income and gross revenue during the period.
Net profit of SIA Group soars 55.4% YoY to $1.4b in 1HFY23/24
The group attributed the improvement in its bottom line to its strong operating performance.
Sembcorp to invest $10.5b in renewablesÂ
The company will deploy 10% of the capital into decarbonisation solutions.
Daily Markets Briefing: STI down 0.21%; DBS is top stock
Singtel is up 0.405%.
4 SG-based fintech companies to expand in Australia via Project Lorikeet
The companies are expected to invest $22.7m in Australia in the next 3 years.
Singaporean investors pour more capital on APAC properties in 1H23
Inbound capital flow in APAC from SG in 1H23 was 3% higher than its three-year average.
Money laundering scandal erodes sentiment in luxury homes market: report
In 3Q23, luxury homes slowed further to 37 units, translating to a 41.3% QoQ drop.
Frasers Hospitality Trust's DPS rises 49.3% YoY in FY23
Gross revenue and NPI also improved during the period.
Red Crowns joins government's 'Shared Stay-in Senior Care Services' sandbox
The sandbox aims to explore new models of elderly care.
SG proposes bill allowing president and ministers to accept roles in int'l organisations
Allowing such will enhance SG's international standing, said the PMO.
STI back above 3,100 after US Fed surprise pause on rate hike
It gained 2.7% last week.
LTA increases COE quota for November 2023-January 2024 period
The agency will reallocate an additional 1,614 COEs to the quota for the period.
Singapore’s Carolyn Choo and Tracy Ma land on Forbes Asia’s ‘Powerful Businesswomen’ list
The list features 20 successful female leaders across the Asia-Pacific region.
MAS to review the need for new culture provision in corporate governance code
The central bank will tap SGX and the Corporate Governance Advisory Committee for the assessment.
Elite Commercial REIT posts 20.4% YoY higher net property income in 9M23
Despite higher NPI, the REIT’s available DPU fell 25.6% YoY in the same period.
ST Engineering unit bags platform screen door solution contract for Ontario rail line
Under the contract, the company will deliver 360 sets of full-height platform screen doors.
Closure of CPF accounts of foreigners will 'not pose liquidity issues' -- MOM
Approximately 300,000 non-residents will cease participation in the CPF schemes.
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