Singapore
Keppel DC Reit’s net property income increases by 3.3% in H1
Its NPI grew to $127.3m in H1 2023.]
UOI net profit up 70.2% in H1 due to favourable investment markets
United Overseas Investment Limited (UOI) posted $12.15m net profit.
Sembcorp terminates plans to sell SembWaste
No reason was stated in the bourse filing.
MLT posts DPU of 2.271 cents in Q1 FY23/24
It was 0.1% higher than the 2.268 cents recorded in Q1 FY22/23.
Daily Markets Briefing: STI up 0.64%; Keppel Corp is top stock
Keppel Corp closed with a 2.53% decrease.
Inflation to ease further in 2H23, but sticky prices likely in 3Q23
In June, headline inflation dropped to 4.5%.
Owner listings grew 26.7% in Q2
Only 57 listings were recorded in Q2 2023.
Singapore, Hong Kong reinforces ties with 7 new MOUs signed
Hong Kong Chief Executive John Lee visited Singapore as part of a week-long ASEAN trip.
Singtel to develop end-to-end 5G Intelligent Edge Aggregator
This will help customers gain real-time insights and support their operations.
Office unit at Suntec City Tower 1 sold for $11.5m
Suntec City end-users and family offices were sought by investors from China, Hong Kong and India.
Mortgagee listings keep dropping amidst a lack of buyer interest
There are 22 mortgagee listings in Q2 2023.
Amazon, EnterpriseSG and SBF roll out cross-border brand launchpad
The programme over 100 local MSMEs to grow in the US.
Auction listings up 9.3% QoQ in Q2
The success rate was 4.9%, with four properties knocked down.
Incumbent banks unlikely to take hit by neobanks' deposit cap raise: Fitch
Digital banks could face challenges beyond funding.
Property investments drop 5.7% QoQ to $3.8b in 2Q23
Colliers attributed the decline to high borrowing costs.
Singapore outperforms omnichannel spending in Southeast Asia
The market’s omnichannel spending accounted for 57.6% of retail spend in 2022.
SG-based VC firm invests in remote respiratory monitoring healthcare startup
The funding will be used to expand Aevice solution to patients in Southeast Asia.
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