Singapore

Tepid recovery awaits manufacturing sector in 2H23

Industrial production contracted 4.9% YoY in June.

Tepid recovery awaits manufacturing sector in 2H23

Industrial production contracted 4.9% YoY in June.

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.

TASConnect introduces efficient ‘multi-bank’ working capital solutions platform as a service

The startup comes up with a breakthrough platform that provides working capital solutions to address the pain points of businesses’ cross-border value chains. 

Mapletree Industrial Trust’s net income up 0.7% to $130.84m in Q1

Higher borrowing costs tempered growth in the net property income.

OUE C-REIT’s distributable income drops 3.3% YoY to $57.6m in 1H23

This translates to a 2.8% YoY lower distribution per unit.

A*STAR rolls out R&D programme for high-performance EV component

It will also bolster the local electric vehicle (EV) supplier ecosystem.

Online nomination of insurance beneficiaries available soon: MAS

Singapore has amended insurance regulations to allow online nomination of beneficiaries.

Keppel Pacific Oak US Reit’s DPU drops 17.2% YoY in H1

The distribution per unit (DPU) was at 2.50 US cents (3.3 cents).

Manufacturing output drops 4.9% in June

Excluding the biomedical manufacturing segment, the output would’ve fallen 5.2%.