Singapore
Suntec REIT’s distributable income drops 26.8% YoY to $50.3m in 1Q23
Given the drop, it recorded a 27.4% YoY lower DPU to unitholders.
Suntec REIT’s distributable income drops 26.8% YoY to $50.3m in 1Q23
Given the drop, it recorded a 27.4% YoY lower DPU to unitholders.
FCT’s net property income rises 5.7% YoY to $137.96m in 1H23
Despite the increase, it recorded a 0.1% YoY lower DPU of $0.06130.
ESR-LOGOS REIT net property income soars 78.2% to $70.4m in 1Q 2023
The contributions from ARA LOGOS Logistics Trust after its merger drove the growth.
Core inflation to fall below 5.0% in remaining quarters
RHB expects core inflation to fall at around 2.5% at year-end.
New fare formula to balance affordable rates and public transport’s financial stability
The government considered inflation and ridership patterns in the adjustment.
CapitaLand Ascott Trust’s gross profit grew nearly 60% YoY in Q1
New properties’ operating performance led to growth.
HDB rents rise 0.7% MoM in March
By room type, 3 Room recorded the highest rent increase.
Condo rents drop 0.3% MoM in March
Rents across sub-markets dropped in March, except for CCR.
Pilon works to address gaps in businesses’ cash flow
Imagine a platform that enables immediate payment for suppliers and extended terms for buyers.
Condo resale prices up 1.4% in March amidst widening price gap with new homes
Analysts said more buyers are turning to secondary market.
Daily Markets Briefing: STI down 0.84%; CapitaLand Invest is most active stock
Two CapitaLand firms are at the top.
Chart of the Day: Singaporeans’ preferences towards travel
Half of the travellers are staying in five-star hotels.
Majority of Singaporeans expect a salary increase this year
Around 45% of the workers feel they are underpaid.
Two SG companies enter Top 500 Family Businesses
All of them generate a combined $10.72t in revenue.
Alipay+ accessible in 11,000 SG Hawker Centre stalls
Users of the platform and partner e-wallets can pay through the SGQR.
Agribusiness GAR’s golden strategy combats supply chain issues
The palm oil firm stayed resilient by building its logistics capabilities.
MPA extends partnership with SMU to support maritime talent exchange
The extension will help the industry's transformation towards digitalisation and decarbonisation.
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