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Citi names Damien Tan as head of corporate bank for Singapore
Citi names Damien Tan as head of corporate bank for Singapore
Tan was previously head of local corporates for Citi Singapore.
Cordlife clients receive refund offer for storage incident
The private blood bank has offered affected clients with free storage.
DBS CEO Piyush Gupta sells S$2.69m bank shares
He still holds over 2.715 million shares in DBS.
Far East Orchard posts 54.8% net profit surge in 1Q24
Company credits stable hospitality segment for performance boost.
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.
UOB’s core net profit down 1% to S$1.6b in Q1 as interest income dips
Trading and investment income hit a record high, however.
ISCA and CBD commit to enhance board diversity and governance
Training programmes will be held for company directors.
Daily Markets Briefing: STI down 0.11%; Top stock is DBS
DBS is the top stock with a 0.335% increase.
Fixed income, equities funds remain top investment choice among Singapore investors: survey
Many also consider ETFs and crypto for future investments.
Private home rents dip 1.3% in Q1
Rents fell steepest in the Core Central Region
UOB to maintain good asset quality amidst profitability dip
The bank is also expected to have a steady core capital ratio.
Thomson Medical Group to issue $140m notes at 5.25% due in 2027
The notes are expected to be issued on 13 May.
Paragon REIT reports $73.8m revenue in 1Q24
The REIT also reported stable occupancy rates in the period.
DBS to maintain strong solvency, robust funding: Moody’s
It is anticipated to sustain high profitability with return on assets of around 1.3%.
AIMS APAC REIT distribution per unit slips 5.9% YoY in FY2024
On the other hand, net property income grew 6.9% YoY.
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