News
Riverstone Holdings' revenue climbs 7.4% in H1 2024
Riverstone Holdings' revenue climbs 7.4% in H1 2024
However, revenue for Q2 2024 remains stagnant.
ARA US Hospitality Trust hit by 4.4% YoY NPI drop on revenue shortfall
Its revenue slipped 2.4% YoY in H1 2024.
Fraser and Neave profit rises 37.3% YoY to $123M in 9M 2024
Its F&B segment helped boost its profit.
Cromwell European REIT suffers 9.5% DPU decline on asset sales impact
Apart from lower DPU, the REIT recorded lower net property income.
Elite UK REIT's NPI falls 4.7% YoY to £18.7m on vacancy costs
The REIT's lower NPI led to a 1.7% YoY drop in unitholder distribution.
Yeo Hiap Seng H1 net profit down 3%
The decline was due to currency volatility, freight disruptions, and lower product sales.
MAS confirms no competitive concerns with Allianz deal
Income's market share in life and general insurance is less than 10%.
Nearly half of Singapore retailers struggle with brand awareness
Ad and email fatigue emerged as the primary obstacle.
Geo Energy signs USD150m contract for integrated infrastructure development
The project will bring the company’s road haulage capacity to 40-50 million tonnes per year.
Daily Markets Briefing: STI down 1.09%; Top stock is YZJ Shipbldg SGD
YZJ Shipbldg SGD is the top stock with a 1.74% increase.
Expert cuts shophouse sales forecast to $700m-$800m for 2024
The previous projection was $1.1b-$1.2b.
Citi Singapore nets ex-DBS COO as new CEO
She is also the new wealth head for the South Asia cluster.
Retail sales dip 3.7% YoY in June amidst slow tourism recovery
Major events and cash handouts may boost retail sales.
Paragon REIT revenue soars 30% in H1 2024
Revenue for the period was $147.4m.
AsiaPhos anticipates rebound in Q2 2024
The company reported a net loss of $0.38m in H1 2023.
Singapore's industrial property market could stand to benefit amidst global volatility
The JTC All Industrial rental index saw its 15th consecutive quarter of growth.
Strata industrial sales recover in Q2 2024
Thanks to the 513 transactions in the second quarter.
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