Singapore
Ascott Residences Trust to acquire nine properties in five countries
The estimated costs of the acquisitions totaled $318.3m.
Hg Exchange appoints new chairman
Lawrence Wong will be the Chairman of the Board, starting 1 August.
Golden Agri-Resources' net profit soars 154% YoY to US$390m in H122
The increase was driven by the continued appreciation of crude palm oil market prices.
Halcyon Agri's gross profit up 17.6% in H1 22
The firm recorded a gross profit of $117m (US$85.9m).
ESR Logos Reit appoints new chief financial officer
Don Kok Chew Meng has experience in finance in the past decade.
Industrial prices to grow between 5%-7% in 2022 amidst growing demand
Macroeconomic uncertainties are pushing industrialists to diversify locations.
Construction sector, labour market recovery will raise condo rental demand: analyst
Condo rentals went up for the 19th consecutive month in July 2022.
Chart of the day: Grab brand reputation falls after grace waiting period shave
Brand satisfaction fell by 14 points from 27.4 to 13 last 1 August.
Market Update: STI down 1.04%
City Developments Limited posted the most gains.
Private warehouse rents up by 2.1% in Q2 22
Occupancy level grew 91.4% in the second quarter of 2022.
Multiple-user factory rents posted highest quarterly, yearly growth since Q3 2013
Rental indices for factories went up 2.1% quarter-on-quarter.
Keppel to invest $445.3m in German offshore wind farm
The investment will be split between Keppel and its trust unit.
Tax collections edge 22.4% higher to $60.7b in FY2021: IRAS
A total of $12.6b are from GST collections.
First Resources' net profit soars 293.1% YoY to US$128.0m
Stronger palm oil prices gave the company a boost.
Sembcorp Marine narrows net loss to $143m in H122
In H121, the company recorded a net loss of $647m.
Boutique commercial building in City Hall submarket on sale for $30m
It will be on sale via expression of interest.
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