News

Olam Group expects lower PATMI in H1

This is due to a lower almond crop yield and higher interest costs.

Olam Group expects lower PATMI in H1

This is due to a lower almond crop yield and higher interest costs.

Stability expected for industrial property despite worrying manufacturing sector

Demand and occupancy rates continued to rise in the second quarter of 2023.

Mapletree Industrial Trust’s net income up 0.7% to $130.84m in Q1

Higher borrowing costs tempered growth in the net property income.

OUE C-REIT’s distributable income drops 3.3% YoY to $57.6m in 1H23

This translates to a 2.8% YoY lower distribution per unit.

A*STAR rolls out R&D programme for high-performance EV component

It will also bolster the local electric vehicle (EV) supplier ecosystem.

Online nomination of insurance beneficiaries available soon: MAS

Singapore has amended insurance regulations to allow online nomination of beneficiaries.

Keppel Pacific Oak US Reit’s DPU drops 17.2% YoY in H1

The distribution per unit (DPU) was at 2.50 US cents (3.3 cents).

Manufacturing output drops 4.9% in June

Excluding the biomedical manufacturing segment, the output would’ve fallen 5.2%. 

Singapore to stop 3G services on 31 July 2024

Mobile operators will take proactive measures to help 3G users shift to newer networks.

Two sites launched under IGLS programme

The sites are located in Tampines North Drive and Jalan Papan.

SIA Engineering net profit more than doubles to $27m in Q1 FY23-24

It posted its first quarter of operating profit since the pandemic.

PLife REIT NPI up 25.1% YoY to $70.1m in H1

Its gross revenue rose by 23.6% YoY to $74.4m.