News

First REIT’s DPU slips 6.1% YoY to $0.0248 in FY23

The REIT attributed the decline to higher financing costs, amongst others.

First REIT’s DPU slips 6.1% YoY to $0.0248 in FY23

The REIT attributed the decline to higher financing costs, amongst others.

Sasseur REIT declares 4.6% YoY lower DPU in FY23

It also recorded a 5.8% YoY decline in its distributable income.

SIA Group’s net profit climbs 4.9% YoY to $658.7m in 3Q23/24

The airline group attributed the increase to lower tax expenses, amongst others.

Manufacturing-related stocks kick off 2024 with $22m in net institutional inflows

Six stocks post net inflow for every five that booked net outflow.

Singaporeans across generations raise concern on impact of AI in job security

Technical and soft skills were found to be the most crucial skills in future workplaces.

Food factory site at Senoko Drive for sale

The property is on sale via private treaty at a price of S$8.8m.

DCS Card Centre launches new digital innovation unit

Ceridwen Choo has been appointed as CEO of DCS Innov.

Sembcorp Industries’ net profit up 11% to $942m in FY2023

Net profit for gas and renewables segments rose.

Retail mall Liv@Changi for sale at $36m

It is zoned commercial, and foreigners will not have to pay ABSD or SSD.

OCBC gives S$9m support to 14,000 junior employees

Payouts will be made between February to March 2024.

Cordlife Group names Yiu Pang Fai as Group CEO

Tan Poh Lan steps down from the role for personal reasons.

184-room Geylang hotel for sale at S$120m

The Yaju Hotel is just 1 of 5 hotels in Geylang with more than 150 rooms.

SGX issues $300m notes due 2027

These notes are priced at 3.45%, payable semi-annually.

2023 records lowest private residential leasing volume in seven years

A total of 82,257 private residential properties island-wide were rented out in 2023

Ballot papers and documents en route for destruction on 2 March

Candidates or their representatives are invited to witness the destruction process.

S’pore Reinsurers’ Association becomes founding member of global advisory council

The council aims to increase efficiencies and digital readiness among stakeholders.