Markets & Investing
Mirxes reports $95.4m net loss ahead of IPO
Mirxes reports $95.4m net loss ahead of IPO
Costs of R&D and administrative activities widened last year’s losses.
Singapore rises to 4th amongst world's wealthiest cities
It is home to 244,800 resident millionaires.
IMAS boosts green investments through sustainable finance courses
The programmes are available via the iLearn platform.
AIMS APAC REIT 1Q24 DPU falls despite income rise
DPU for the period declined by 5.9%.
Manulife US REIT’s occupancy drops to 78.7% in 1Q24
The REIT attributed the drop to TCW's lease expiry.
Keong Hong Holdings warns of impending losses
Higher construction costs impacted the company's bottom line.
Fixed income, equities funds remain top investment choice among Singapore investors: survey
Many also consider ETFs and crypto for future investments.
Singapore ranks 9th most crypto-friendly country in the world
It costs $107,415 to mine one bitcoin in Singapore.
First Sponsor Group raises stake in Dutch firm NSI
The acquisition will increase the group's stake to 13.52%.
Singapore leads APAC in attracting cross-border capital
Overseas investments made up 45.6% of Singapore's capital in 1Q24.
Dasin Retail Trust officials deny misconduct allegations
The embattled officials also declined to vacate their posts.
Keppel Infrastructure Trust’s income hit by distribution and storage segment setback
Distributable income fell 29.1% YoY to $50.9m in 1Q24.
Elite Commercial REIT’s NPI dips 3.7% YoY despite revenue increase
NPI for the period was £8.3m.
Yen depreciation hurts Parkway Life REIT's quarterly net property income
NPI for the period was down 2.8% YoY.
Mapletree Logistics Trust's DPU declines 2.5% YoY in 4Q23/24 despite higher NPI
NPI for the period was 0.6% YoY higher.
CDL Hospitality Trust boosts NPI by 6.8% amid rising RevPAR
In Singapore, RevPAR rose 16.6% YoY to $205.
Far East Hospitality Trust's NPI climbs 6% to $25.1m on strong hotel growth
The hotel segment posted an 8.4% YoY higher revenue in 1Q24.
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