Markets & Investing
Singapore ranks 9th most crypto-friendly country in the world
                                                                                 
                    
                    It costs $107,415 to mine one bitcoin in Singapore.
                
                                
            Singapore ranks 9th most crypto-friendly country in the world
                                                                                                                 
                            
                            It costs $107,415 to mine one bitcoin in Singapore.
                        
                                                
                        
    
                    First Sponsor Group raises stake in Dutch firm NSI
                                                                                                 
                        
                        The acquisition will increase the group's stake to 13.52%.
                    
                                        
                    
                Singapore leads APAC in attracting cross-border capital
                                                                                                 
                        
                        Overseas investments made up 45.6% of Singapore's capital in 1Q24.
                    
                                        
                    
                Dasin Retail Trust officials deny misconduct allegations
                                                                                                 
                        
                        The embattled officials also declined to vacate their posts.
                    
                                        
                    
                Keppel Infrastructure Trust’s income hit by distribution and storage segment setback
                                                                                                 
                        
                        Distributable income fell 29.1% YoY to $50.9m in 1Q24.
                    
                                        
                    
                Elite Commercial REIT’s NPI dips 3.7% YoY despite revenue increase
                                                                                                 
                        
                        NPI for the period was £8.3m.
                    
                                        
                    
                Yen depreciation hurts Parkway Life REIT's quarterly net property income
                                                                                                 
                        
                        NPI for the period was down 2.8% YoY.
                    
                                        
                    
                Mapletree Logistics Trust's DPU declines 2.5% YoY in 4Q23/24 despite higher NPI
                                                                                                 
                        
                        NPI for the period was 0.6% YoY higher.
                    
                                        
                    
                CDL Hospitality Trust boosts NPI by 6.8% amid rising RevPAR
                                                                                                 
                        
                        In Singapore, RevPAR rose 16.6% YoY to $205.
                    
                                        
                    
                Far East Hospitality Trust's NPI climbs 6% to $25.1m on strong hotel growth
                                                                                                 
                        
                        The hotel segment posted an 8.4% YoY higher revenue in 1Q24.
                    
                                        
                    
                Don Agro International's Tetra to Dispose Shares Worth $67.1m
                                                                                                 
                        
                        Tetra’s shares in four companies will be sold to Agroholding Prostory and DonTK.
                    
                                        
                    
                Dasin Retail Trust receives property possession notice over outstanding debt
                                                                                                 
                        
                        This refers to the offshore facility worth $430m.
                    
                                        
                    
                Temasek Trust introduces TTFA for philanthropy advisory services
                                                                                                 
                        
                        The initiative allows clients access to Temasek Trust’s ecosystem entities, such as CIIP and ACC.
                    
                                        
                    
                MapleTree Industrial Trust’s NPI rises 0.6% on new acquisitions, leases
                                                                                                 
                        
                        Despite higher NPI, MIT saw a 1.0% YoY dip in DPU.
                    
                                        
                    
                CLI reports lower revenue of $650m in 1Q24
                                                                                                 
                        
                        Its real estate investment business (REIB) revenue fell 4% YoY.
                    
                                        
                    
                Digital Core REIT's net property income drops 9.5% in 1Q24
                                                                                                 
                        
                        Distributable income also declined, dropping 2.4%.
                    
                                        
                    
                CapitaLand India Trust's net property income surges 18% YoY in 1Q24
                                                                                                 
                        
                        The REIT attributed the increase to higher property income.
                    
                                        
                    
                 
            	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                             
                             
                     
                             
                             
                     
                             
                             
                     
                             
           
                                 
                                 
                                 
               
                                     
                                     
                                     
 
                                                                                                
                                                
                                                                                                                                         
 
                                                                                                
                                                
                                                                                                                                         
 
                                                                                                
                                                
                                                                                                                                         
 
                                                                                                
                                                
                                                                                                                                         
                 
                 
                 
                 
                 
                 
                