News
CapitaLand Ascott Trust profits up 12%; DPU is 2.55 cents
CapitaLand Ascott Trust profits up 12%; DPU is 2.55 cents
Higher room rates in key markets like Japan and US drove up RevPAU.
Singapore industrial rents down 0.7% QoQ in Q2
This marks the slowest quarterly growth since Q1 2022.
Retail property sector growth to be ‘measured and slow’ for the rest of the year
Rising rents and operating costs have deterred retailers from expanding.
CapitaLand Ascott Trust acquires 10% stake in Columbia Student Venture
The acquisition was valued at $6.4 m.
Mapletree Industrial Trust DPU up 1.2% YoY in Q1
Revenue also increased by 2.7% to $175.3m during the same period.
Changi Airport passenger traffic up by 13.4% in Q2
China saw the highest growth amongst Changi’s top markets.
Oxley Holdings further denies CEO’s links to Venice corruption probe
It clarified that CEO Ching Chiat Kwong acted on its behalf when evaluating the Pili Land.
Hiap Tong Corporation announces board changes
This is in effect as of 25 July.
First REIT’S DPU down 3.2% in H1 2024
The decrease was due to the weak yen and rupiah against the Singapore dollar.
Yoma chair Serge Pun steps down
Pun Chi Tung Melvyn takes the helm as chairman and CEO.
Daily Markets Briefing: STI down 0.88%; Top stock is Venture
Venture Is the top stock with a 3.88% increase.
Gen AI adoption still low among Singapore businesses: report
Yet 61% pegged it as transformative technology that can drive revenue and innovation.
Genting Dream is the first largest cruise ship to berth in Phuket
The 150,000 gross tonnage Genting Dream reached the milestone on 24 July.
Singapore’s cash use in POS to fall at just 7% by 2027: study
E-wallets will become Singaporeans’ payment method of choice.
United Overseas Insurance Profits Rise 14.9% YoY in H1 2024
Thanks to a surge in its dividend income on a year-on-year basis.
Income Insurance keeps affordable insurance offerings post-deal: NTUC Enterprise
It will still participate in national insurance programmes with the CPF Board.
OUE REIT’s NPI rises 1.6% in H1 2024
The increase was due to a stable commercial property market and higher revenue from the hospitality sector.
Read Here
Advertise
Sign Up
![Video [Event News]](https://cmg-qa.s3.ap-southeast-1.amazonaws.com/s3fs-public/styles/event_news_featured_article/public/2025-05/screenshot-2025-05-08-at-4.58.53-pm_0.png.webp?itok=Kud35sMs)
![Event News SBR 9 Lorem Ipsum [8 may]](https://cmg-qa.s3.ap-southeast-1.amazonaws.com/s3fs-public/styles/event_news_thumbnail/public/2025-05/a_hand_pointing_to_a_futuristic_technology_5b87c9d0e3_8.png.webp?itok=DTh_dbYp)
![Event News SBR 9 Lorem Ipsum [8 May]](https://cmg-qa.s3.ap-southeast-1.amazonaws.com/s3fs-public/styles/event_news_thumbnail/public/2025-05/a_hand_pointing_to_a_futuristic_technology_5b87c9d0e3_7.png.webp?itok=vzDAzb6V)
![Event News SBR 8 Lorem Ipsum [8 May]](https://cmg-qa.s3.ap-southeast-1.amazonaws.com/s3fs-public/styles/event_news_thumbnail/public/2025-05/a_hand_pointing_to_a_futuristic_technology_5b87c9d0e3_6.png.webp?itok=jvHFc4P6)
![Video [Event News]](https://cmg-qa.s3.ap-southeast-1.amazonaws.com/s3fs-public/styles/video_thumbnail/public/2025-05/screenshot-2025-05-08-at-4.58.53-pm_0.png.webp?itok=yZnI0YBb)
![Video 1 SBR [8 May]](https://cmg-qa.s3.ap-southeast-1.amazonaws.com/s3fs-public/styles/video_thumbnail/public/2025-05/screenshot-2025-05-08-at-4.58.53-pm.png.webp?itok=9AAeRz_k)
