Markets & Investing

Parkway Life REIT's NPI falls 2.5% YoY to $68.4m in H1 2024

Despite lower NPI, the REIT declared a 3.5% YoY higher DPU.

iFast credits ePension and wealth management for profit boost

In Q2, the company reported a 346.1% YoY higher net profit of $16.03m.

Mapletree Industrial Trust DPU up 1.2% YoY in Q1

Revenue also increased by 2.7% to $175.3m during the same period.

SBF to boost global trade and investment with new initiative

SBF will enhance cross-border trade, develop private sector advocacy, and cultivate future industry leaders.

Mapletree Logistics Trust's DPU down 8.9% YoY in Q1

Net property income also decreased by $1.5m or 0.9%YoY during the same period. 

Singapore proposes interest coverage ratio of 1.5 to all REITs

Currently, the ICR of 2.5 times applies only to select REITs.

GIC reports weakest 20-year investment growth in four years at 3.9%

GIC expects lower returns amidst US monetary policies, China property market challenges, and geopolitical tensions.

Tuan Sing to post a loss for H1 2024

The loss did not include divestment gains from a proposed divestment.

Singapore stocks, dollar as safe haven for investors: expert

High dividend-yielding SGX-listed stocks good for defensive plays.

Moody’s joins MAS Project Guardian

It will provide risk analysis for tokenized fixed-income products.

Keppel Pacific Oak US REIT bags US$115m loan facility

The loan facility was obtained through a facility agreement on 19 July.

Singapore’s  AUM reaches $5.41t in 2023, up 10% YoY

It grew in line with the 10% CAGR over the past five years.

Astrea 8 bonds achieve a 3.1x subscription rate

Class A-1 bonds had a 2.9x subscription rate, whilst Class A-2 had 3.9x.

29 most traded SGX stocks book double-digit returns

Companies in the maritime and offshore services sectors led the gains.