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CapitaLand Ascott Trust sees 31% YoY jump in gross profit in 1H23
CapitaLand Ascott Trust sees 31% YoY jump in gross profit in 1H23
The REIT attributed the increase to the strong operation performance of its properties.
SG-listed companies have the least effective codes of conduct globally: report
STI 30 received a 1.9 code effectiveness score on a scale of 1-5.
SG, UK boost cooperation in sustainable finance and fintech
The countries will cooperate on seven key areas.
Starhill Global REIT net property income up 2.2%; DPU is 1.98 cents for H2
Gross revenue rose 0.7% to S$187.8m in FY2022/23.
Sheng Siong’s net profit down 2.9% in H1 as operating costs weigh on earnings
Utility expenses and staff costs increased.
Far East H-Trust NPI up 30.7% to $49m in H1, RevPAR at S$133
Distribution per stapled security or DPS is 1.92 cents for the period
Private housing prices dip for the first time since 2020
Sales volume in Q2 excluding condominium units surged to 69.3%.
Keppel records highest-ever net profit; special dividend of KREIT units proposed
Keppel has proposed giving its unitholders one KREIT unit for every 5 Keppel units held.
HDB resale prices continues 13th quarter climb in Q2
1-room flats are now costing almost $250k.
Daily Markets Briefing: STI up 0.91%; DFI Retail Group is top stock
DFI was trading at 2.59% up.
Singaporeans 'lukewarm' to insurance intermediaries: study
Insurers are generally viewed as trustworthy.
Half of Singaporeans feel distant from achieving holistic goals
Three in five young consumers neglect to update their financial knowledge.
CBD commercial shophouse for sale for $19.8m
The expression of interest for 8 Circular Road will end on 22 August, 12 pm.
CLCT’s NPI down 7.4% YoY to $129.2m in H1
Its gross revenue was also down 7.4% to $184.5m.
Olam Group expects lower PATMI in H1
This is due to a lower almond crop yield and higher interest costs.
Stability expected for industrial property despite worrying manufacturing sector
Demand and occupancy rates continued to rise in the second quarter of 2023.
Mapletree Industrial Trust’s net income up 0.7% to $130.84m in Q1
Higher borrowing costs tempered growth in the net property income.
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