Singapore
540,000 SG youth to benefit from $300 top-up in May
The top-up is part of the Assurance Package enhancements included in the 2023 Budget.
SG manufacturing performance to contract for most of H1
But the significantly improved momentum last month suggested a better upturn.
SFA, Austrade kick-off Project Lorikeet to support fintechs expansion in both markets
Supporting partners are HSBC and Amazon Web Services.
CASE, Shopee collaborate to protect consumer rights
The collaboration launched a programme that ensures a safe and reliable user experience online.
SGX RegCo expects requisitionists to follow Companies Act Section 176,177
Requisitionists could utilise either one to convene a Requisitioned Meeting.
En-bloc market to collapse following ABSD rate hike: analyst
Singapore increased the ABSD for all residential statuses by 3% to 30%.
Mapletree Industrial Trust’s net property income rises 9.7% YoY to $518m in FY22/23
Despite the increase, the REIT posted a lower DPU of $0.1357.
Oki Electric acquires aviation equipment business of Yokogawa Electric, subsidiaries
The acquisition would not lead to a substantial lessening of competition in the market.
Travel recovery boosts Frasers Hospitality Trust’s NPI to $45.2m in 1H23
The REIT’s net property income rose by 42.9%.
SGX RegCo issues compliance notice to Asti Holding over failure to convene AGM
The company has yet to convene its FY2021 and FY2022 meeting.
Industrial occupancy drops to 88.8% in 1Q23
The occupancy rate is lower than the 4Q22 record by 0.6 percentage points.
Private house prices rise 3.3% in 1Q23
The Q1 figure is an increase from the 4Q22 growth of 0.4%.
Far East Hospitality Trust revenue soars 20.1% to $25.19m YoY
Its hotel segment contributed the largest with its $18.47m revenue.
MPACT’s NPI up 82.2% YoY to $177.4m in Q4 FY22/23
The real estate firm said all markets documented positive rental uplifts.
CDL Hospitality Trust’s net property income grew 35% YoY in Q1
The highest net property income (NPI) increase comes from Singapore.
Acquisitions boost CICT’s earnings YoY in Q1
The net property income (NPI) grew to $276.3m.
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