Singapore

AIMS APAC REIT's net income soars 16.6% YoY to $55.48m

Despite the income growth, the REIT's DPU still decreased by 4.8% YoY.

AIMS APAC REIT's net income soars 16.6% YoY to $55.48m

Despite the income growth, the REIT's DPU still decreased by 4.8% YoY.

NTUC Income launches new travel cover that protects by the hour

Premiums start at S$1.80 for a six-hour coverage.

Frasers Centrepoint Trust net income rises 3.8% to $130.48m

The increase drove the company's distributable income higher in 1H2022.

Keppel O&M and Sembcorp Marine announce merger 

Keppel will own 56%, and Sembcorp Marine 44% of the combined entity from the merger.  

Fewer foreigners bought homes in Q1

The count of non-landed homes bought by foreigners was down by 47.3%.

Manufacturing output rises 3.4% YoY in March 

The increase was due to the output growth in four of the six clusters.

Chart of the Day: Private home sales in CCR declined in Q1

There was a 40.8% decline in private homes sold compared to the previous quarter. 

Market Update: STI down 0.26%

Singtel performed the best amongst the firms.

6 in 10 Singaporeans have high trust in banks

Only 5% have low trust in the banking industry.

Survey shows Singaporeans most susceptible to fraud

Fraud costs Singapore consumers an average of $1,648.52 per year.

OUE C-REIT prices $100m 4.20% notes due 2027

The notes are expected to be issued on 5 May 2022.

Brewing soon: Olam subsidiary to acquire Canada’s Club Coffee

The transaction is expected to finish in the second quarter of 2022.

Suntec REIT's net income jumps 24.9% to $74.3m

The increase was due to higher contributions from Suntec Mall, and two other properties.

EMA wants to explore Singapore’s geothermal energy potential

It has issued a Request for Information to facilitate the investigation project.