Singapore
Raffles Medical Group’s PATMI rises slightly by 0.5% YoY to $59.9m in 1H23
Its revenue, however, fell by 9.5% YoY.
Raffles Medical Group’s PATMI rises slightly by 0.5% YoY to $59.9m in 1H23
Its revenue, however, fell by 9.5% YoY.
CapitaLand India Trust’s net property income jumps 3% YoY to $85.6m in 1H23
Despite the increase in NPI, the trust recorded a lower DPU of $0.0336.
Change in indirect ownership of LHN Logistics’ unit to bear a $4.12m fee to JTC
The fee is one of the pre-conditions for LHN Logistics privatisation.
Jardine Matheson’s underlying profit up 10% YoY in 1H23
The 1H23 record is also ahead of pre-COVID levels in 2019.
Wilmar International to dispose entire stake in Morocco company for US$605m
The company expects to complete the disposal by 4Q23.
Unitholders of Sabana REIT will be 'worse off' if internalisation of manager proceeds, ESR Group warns
The group said each 1 -pp increase in borrowing costs will reduce the REIT's DPU by $0.0027.
Private residential price growth to be muted in 2023
Experts forecast a 3%-5% growth in prices for the year.
2 JTC factories at Tuas Avenue on sale for $25m
The sale will be through a private treaty.
Retail space prices up 0.3% in Q2
This is compared to a decline in Q1 2023.
Wing Tai cancels Holland Tower acquisition
It did not mention the details behind calling it off.
Are Singapore's younger consumers unsupportive of local brands?
Only four in 10 Gen Zs agree that supporting local brands is very important.
HDB resale prices are hitting their peak: analysts
Restored BTO supply is turning attention away from the resale market.
Daily Markets Briefing: STI up 0.8%; Keppel Corporation is most active stock
Keppel Corporation closed trading at 3.45% up.
Singapore to eliminate use of all corporate cheques by 2025
Cheque transactions have declined by almost 70% between 2016 to 2022.
Price expectation gap resulted in fewer condo resale deals: analysts
The condo resale price growth slowed down last month to 0.1%.
SingHealth expands digital twin tech use for surveillance of disease outbreaks
It is also testing the tech for workflow and facility planning.
LHN procures River Valley asset for $23.25m
The property consists of 12 units an a total land area of 388.4 sq.m.
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