News
UOB projects Budget 2021 deficit at $5.8b
The value is 1.1% of Singapore's GDP.
Singapore manufacturing output up 15.6% YoY in December 2021
Excluding biomedical manufacturing, output grew by 5%.
Suntec REIT DPU up 17.1% YoY to 8.67 cents for FY21
The result was due to a higher distribution income of $129m.
Mapletree Industrial Trust DPU grows 6.4% in Q3 FY21/22
The growth was supported by the portfolio acquisition of data centres in North America.
KPMG answers 5 FAQs on SG Carbon Tax
Some of the questions were about the tax rate and scope.
Singapore tops in APAC Data Centre Market Ranking
Globally, the country placed second.
SGREIT's net profit rises 7.2% YoY to $69.64m in H1 FY21/22
Despite a profit increase, income available for distribution declined by 1.3%.
FCT maintains occupancy rate of 97.2% for Q1
Thanks to the healthy demand in retail spaces with the malls.
ALOG’s net income jumps 16.6% YoY to $104.9m
The increase was attributed to the completion of its Australian portfolio acquisition.
Non-landed homes see 9% sales decline to $1.9b for H2 2021
225 units were transacted in the same period.
Landed residential market sees all-time high sales transaction value of $9.8b
This is despite a 6.2% half-year decline in H2 2021.
Indonesia-Singapore summit to highlight Bintan Buoy’s potential
It will also focus on the travel bubble involving resorts in Batam and Bintan.
1 in 3 elderly unprepared for living with endemic COVID-19
An SMU study suggests that unpreparedness is linked with government trust.
MAS may 'tighten aggressively' as response to 7-year high inflation: Maybank
The double-tightening move is expected in April.
Market update: STI down 1.32%
Jardine Matheson had the most growth.
FLCT to divest Cross Street Exchange for $810.8m
The value represents a 28.3% premium over the property’s book value of $632m.
Commentary
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Precious metal boom is a stress test for Singapore’s gold ambitions
Singapore’s global dispute fault lines