Singapore
MapleTree Pan Asia Commercial Trust's NPI soars 76.8% YoY to $179.4m in Q3FY22/23
Higher earnings from its Singapore portfolio were amongst the drivers of income growth.
EGM on KOM merger to be held on 16 February
Shareholders’ approval on the merger will be sought in the meeting.
CICT’s DPU went up 2.7% YoY to 5.36 cents in H2 22
Its distributable income was at $355.1m.
Manufacturing sector’s business outlook deteriorates
This as firms experience slow demand for manufactured goods.
Cromwell European Reit’s portfolio valuation down to $3.5b
The CEREIT’s portfolio reduced 1.6% compared to June 2022.
China’s economic reopening not enough to beat slowing global growth: IMF
A Reuters report showed that Singapore and ASEAN nations are affected.
Daily Markets Briefing: STI down 0.43%; Yangzijiang is top active stock
Yangzijiang Shipbuilding is the most active stock.
Signed leases and cooling measures boost HDB rental volume December 2022
Condo and HDB rental market increased in December 2022.
6 in 10 SMEs say GST hike can stymie business growth in 2023
SMEs are also concerned about global inflation and rising energy prices.
HDB rent prices up 28.5% in December
More HDB flats were rented out in December than the previous month.
Keppel Infrastructure Trust distributable income up 15.8%YoY to $222.5m in FY2022
This is due to new acquisitions and the performance of Ixom.
Here’s how many Singaporeans use social media
The portion of users dropped this year, compared to 2022.
OUE C-REIT posts higher NPI of $103.3m in H2 2022
Lower rental rebates drove the increase.
ESR-LOGOS REIT’s NPI soars 41.0% YoY to $244.2m in FY22
The REIT attributes the increase to contributions from ALOG Trust.
Chip Eng Seng subsidiaries bag $562m contract for Cross Island Line-Punggol Extension
They will design and construct the Elias stations and tunnels under the CPe.
EC World extends long-stop date for divestment of 2 Chinese assets
The long-stop date will be extended to 28 February.
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