News
National Healthcare Group and Accredify partner to expand health platform
This includes providing shared care services through referrals from GPs and community partners.
National Healthcare Group and Accredify partner to expand health platform
This includes providing shared care services through referrals from GPs and community partners.
Grab and Trans-cab deal called off
Both parties have withdrawn their application from the CCCS.
Private residential market prices up 0.9% in Q2
Prices of landed properties and condos rose at a slower pace.
Suntec REIT’s H1 distributable income is $88.7m; DPU is 3.042 cents
Higher costs and vacancies in its Australia and UK properties weighed on income.
SGX-listed Elite UK REIT’s portfolio valued at $716.6m in H1
This is a 0.6% rise from its property valuation in end-2023.
CapitaLand Ascott Trust profits up 12%; DPU is 2.55 cents
Higher room rates in key markets like Japan and US drove up RevPAU.
Singapore industrial rents down 0.7% QoQ in Q2
This marks the slowest quarterly growth since Q1 2022.
Retail property sector growth to be ‘measured and slow’ for the rest of the year
Rising rents and operating costs have deterred retailers from expanding.
CapitaLand Ascott Trust acquires 10% stake in Columbia Student Venture
The acquisition was valued at $6.4 m.
Mapletree Industrial Trust DPU up 1.2% YoY in Q1
Revenue also increased by 2.7% to $175.3m during the same period.
Changi Airport passenger traffic up by 13.4% in Q2
China saw the highest growth amongst Changi’s top markets.
Oxley Holdings further denies CEO’s links to Venice corruption probe
It clarified that CEO Ching Chiat Kwong acted on its behalf when evaluating the Pili Land.
Hiap Tong Corporation announces board changes
This is in effect as of 25 July.
First REIT’S DPU down 3.2% in H1 2024
The decrease was due to the weak yen and rupiah against the Singapore dollar.
Yoma chair Serge Pun steps down
Pun Chi Tung Melvyn takes the helm as chairman and CEO.
Gen AI adoption still low among Singapore businesses: report
Yet 61% pegged it as transformative technology that can drive revenue and innovation.
Daily Markets Briefing: STI down 0.88%; Top stock is Venture
Venture Is the top stock with a 3.88% increase.
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