Markets & Investing
Keppel’s net profit soars to a record high of $4.1b in FY23
Keppel’s net profit soars to a record high of $4.1b in FY23
The company said its FY23 net profit is its highest in history.
CapitaLand Ascendas REIT’s distributable income dips 1.4% to $654.4m in FY23
With lower income, the REIT declared a lower DPU of $0.15160.
Lendlease Global Commercial REIT’s NPI soars 22.2% YoY to $93.4m in 1H24
Despite higher NPI, the REIT declared a lower DPU of $0.0210.
Digital Core REIT declares 7.0% YoY lower DPU in FY23
The REIT also recorded a 7.3% YoY lower distributable income of US$41.5m.
Parkway Life REIT’s net property income climbs 14.1% to $139.1m in FY23
With improvement in NPI, the REIT recorded a 2.7% YoY higher DPU.
SGX Securities launches 1st active ETF
Singapore welcomed the listing of Lion-Nomura Active ETF.
Keong Hong Holdings posts $50.8m net loss in FY23
The company’s net loss rose 9% year-on-year.
Antler commits $5.1m pre-seed funding to 37 startups in Southeast Asia
The portfolio of startups spans 19 sectors.
IREIT divests office asset in Barcelona for $35.5m
The sale price was 6.1% above the property’s latest valuation.
AIMS APAC REIT’s net property income climbs 6.3% YoY to $97.8m in 9M24
Despite higher NPI, the REIT recorded a 4.1% YoY lower distribution per unit.
RHT Health Trust delists from SGX-ST
It took effect on 31 January, 9 am.
Singapore is APAC's top cross-border investor in 4Q23
Despite this, Singapore's investment volume fell 29% YoY in 4Q23.
Frasers Centrepoint Trust raises $200m in private placement
The private placement was 2.5 times covered.
ProsperCap starts SGX Catalist trading
This came following its takeover of 3Cnergy Limited.
Singapore cap rates remain steady in 4Q23
The gross yield of commercial properties in Singapore ranges from 3.00%-6.25%.
Mapletree Logistics Trust posts 1.5% YoY higher net property income in 3QFY23/24
With a higher NPI, the trust proposed a 1.2% YoY higher distribution per unit.
OUE Commercial REIT marks 10th year with new moniker
It will be known as OUE REIT beginning 29 January.
Commentary
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Why Singapore-based firms still underestimate the human side of doing business in North Asia
Singapore's hiring slowdown: A call for data-driven resilience
When it comes to AI, there is no such thing as too many chefs
The agility trap: Why most Singaporean businesses are structured for stability, not speed
Building a Southern Malaysia supply chain ecosystem for Singapore’s advanced manufacturing
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How Singapore consumer brands can build strong supply chains amidst rising input costs
Singapore’s AI ambitions will rise or fall on infrastructure
Why a clear digital roadmap is essential for business success