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SGX grants approval in-principle on proposed combination on Keppel, Sembcorp Marine
SGX grants approval in-principle on proposed combination on Keppel, Sembcorp Marine
Sembcorp Marine said they received the approval in-principle from the bourse.
CapitaLand Ascott Trust’s DPS up by 47% in H2 22 due to ‘strong portfolio’
Its gross profit also went up 80% during that year.
Private home prices softening due to weak outlook: property analysts
URA showed prices rose at a marginal pace.
Manufacturing output drops 3.1% YoY in December 2022
Excluding biomedical manufacturing, output would have grown by 0.3% YoY.
FCT's retail portfolio committed occupancy rises to 98.4% in Q123
The REIT attributed the increase to healthy leasing demand.
MapleTree Industrial Trust's NPI drops 1.2% QoQ to $128.8m in Q322/23
On a year-on-year comparison, however, NPI rose by 4.9%.
Frasers Property, FCT acquire 50.0% stake in NEX for $652.5m
NEX is the largest suburban retail mall in Northeast Singapore.
Real estate investment volumes in APAC to fall 5%-10% in 2023
In 2022, volume declined by 25%.
HDB resale prices ‘soften’ after September cooling measures
Price increases slowed to 2.3% in the fourth quarter.
HDB resale price increase slows to 2.3% in Q4
This is also the slowest increase in the past year.
Accommodation, transport prices to stay high in H1 23: analyst
This despite the softening inflation.
Non-registered SMS to be labelled ‘likely-scam:’ IMDA
Starting 31 January, the IMDA mandated the registry to SSIR.
Occupancy rate industrial property market declined 89.4% in Q4 22
Prices and rentals increased even as the occupancy dropped.
Private home price growth eases to 8.6% in 2022
In 2021, prices increased by 10.6%.
Analysts suggest more policy tightening to keep inflation in check
RHB and UOB said this is a precautionary measure if core inflation accelerates.
Chart of the Day: Singapore is top destination for Mainland tourists
Other choices are South Korea and Hong Kong.
Daily Markets Briefing: STI declines 0.31%; CapitaLand Investment is most active stock
SATS is top stock.
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