News
Tech startup incorporations drop to 25 in 2023 amid economic uncertainties
Tech startup incorporations drop to 25 in 2023 amid economic uncertainties
In 2022, there were 35 new company incorporations.
Investment volume drops 34.7% YoY to $4b in 1Q24
GLS tenders played a significant role in the investment volume.
Lower private transport costs ease inflation to 2.7% YoY in March
In February, headline inflation was at 3.4 YoY.
APAC Realty partners with Upper Room Realty for Philippine expansion
The Philippines is APAC Realty’s 13th country in its Asia Pacific portfolio, and the 40th globally.
United Overseas Insurance revenue rises 6% YoY in Q1’24
The company saw its net earnings reach $8m during the quarter.
Mapletree Pan Asia Commercial Trust NPI rises 15.2% to $727.9m in FY23/24
The REIT's Singapore portfolio helped boost its NPI.
CLCT's net property income hit by lower logistics park earnings
The REIT reported a 7.7% YoY lower NPI of RMB313m in 1Q24.
CapitaLand Ascott Trust's profit up 15% YoY in 1Q24
The REIT attributed the increase to stronger operating performance.
SGX-listed Aztech Global’s earnings up 18.7% in Q1
The growth was recorded despite a 20.4% decline in revenue.
OUE REIT secures $600m sustainability-linked loan
The REIT will use the loan to repay debt due in 2025.
First REIT DPU down 3.2% in Q1
Foreign exchange rates and interest rates impacted First REIT’s financials in the first quarter of 2024.
2 in 3 Gen Z firms on remote work requirement
The sentiment extends across all age groups.
Daily Markets Briefing: STI up 1.47%; Top stock is DBS
DBS is the top stock with a 1.614% increase.
Singapore strikes a balance in logistics supply per capita, trade: report
The capital value of warehouses is still one of the highest in the region.
SGX RegCo aims to expedite shareholder-requisitioned meetings
The public can submit their feedback on the proposal until 23 May.
ESR-Logos REIT's NPI drops 10.8% post non-core asset divestments
Gross revenue also dropped 8.9% in 1Q24.
Citi names Amit Dhawan as head of CCB Singapore
Dhawan has been head of emerging corporates for Asia since 2017.
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