News
Liveable, sustainable cities needed in post-pandemic era: gov’t
Liveable, sustainable cities needed in post-pandemic era: gov’t
This was delivered during the World Cities Summit Mayoral Lunch 2022.
MAS, IFSCA sign MOU to strengthen supervisory cooperation of financial services
The MOU was signed in the presence of India’s prime minister Narendra Modi.
How high do business sectors expect their revenue to jump in Q3
One sector expects its operating receipts to increase by 55%.
Changi Airport’s passenger traffic up 14 times in Q2 2022
The Q2 traffic is 43.6% of the airport's pre-COVID levels.
Starhill Global REIT’s NPI jumps 7.6% YoY to $75.1m in FY21/22
The cessation of rental rebates in Malaysia contributed to the increase.
Raffles Medical H1 profit surges 54.4%
Patient numbers had increased on the back of recovering medical tourism.
Investment sales for properties could exceed $30b: report
Investors seek to field capital whilst inflation keeps rising.
Top Singapore REITs unscathed by rising interest rates
Improving net operating income will help them mitigate costs.
Chart of the day: 62% of the accommodation industry expects improve outlook in H2
Return of tourists in Singapore seen as a catalyst for improve business conditions.
Market update: STI down 0.21%
Hongkong Land posted the most growth.
Jardine C&C underlying profit up 51% YoY to US$533m in H1 2022
This is supported by the higher contributions for Astra and THACO.
SIA Group’s operating profit up to $556.4m in Q1 FY22
Singapore fully opened borders on April 2022.
Ascott Residence Trust posts 14% DPS growth in H1 22
Its distribution per stapled security went up to $0.0233.
Jardine Matheson underlying profit soars 22% in H1
Approximately 58% of the group’s profits were led by its Southeast Asian businesses.
Japfa’s attributable profit plunges 62.9% to US$44m
This is due to the higher raw materials costs and other external factors.
Hongkong Land posts $292m profit in 2022 H1
This is an improvement from $865m loss in the same period last year.
Rising rents to boost Suntec Reit’s office, retail assets: Maybank
The firm’s distribution per unit went up 15% in the second quarter of 2022.
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