Markets & Investing
ES Group expects net loss for H1
The unexpected breakdown of the ES Jewel vessel contributed to the loss.
What makes Singapore a critical global wealth hub?
75% of assets under management (AUM) in SG are from diverse overseas sources.
MPACT net property income surges 68% YoY to $179.2m in Q1 FY23/24
This was boosted by the effect of the merger and its Singapore performance.
CICT net income up 10.1% YoY to $552.3m in H1
This is supported by its acquisitions and property enhancements.
S-REITs to withstand softening property market conditions
URA data shows that vacancy rates for retail spaces in Central Area have increased to 13.2%
CLCT’s NPI down 7.4% YoY to $129.2m in H1
Its gross revenue was also down 7.4% to $184.5m.
Olam Group expects lower PATMI in H1
This is due to a lower almond crop yield and higher interest costs.
CapitaLand Malaysia Trust’s net property income soars 51.8% YoY to $16.6m in 2Q23
Contribution from Queensbay Mall lifted the REIT’s income.
Daily Markets Briefing: STI up 0.12%; ThaiBev is top stock
Thai Beverage closed with a 1.71% increase.
Daily Markets Briefing: STI down 0.3%; Seatrium is top stock
Seatrium grew by 3.52%.
Keppel Land completes liquidation of subsidiary
Mansfield & Company is a dormant subsidiary of the real estate company.
Daily Markets Briefing: STI up 0.64%; UOB is top stock
UOB increased by 3.43%.
Daily Markets Briefing: STI down 0.01%; Sembcorp Industries is top stock
Sembcorp Industries rose by 2.60%.
Daily Markets Briefing: STI up 0.18%; DFI Retail Group is top stock
Trading of DFI Retail Group was up by 3.85%.
Aspen Glove files winding up petition
This came following the termination of its asset and interest disposal proposal.
Chart of the Day: How did Singapore’s IPO market perform in 1H23?
Data from EY showed that Singapore only had 3 IPOs year-to-date.
Commentary
When scale arrives before proof: Singapore’s capital allocation question in Southeast Asia
Rethinking fleet ownership in a changing business landscape
Beyond the chips: The materials behind Singapore’s AI infrastructure
How homegrown brands are redefining premium in Asia
AI in hospitality: Where should Singapore’s F&B operators draw the line?
Do Singapore workplaces mistake silence for leadership?
AI as the new competitive advantage for Singapore’s small retailers
Singapore's next payments opportunity