News
CapitaLand India Trust net property income up 5% YoY in Q1
CapitaLand India Trust net property income up 5% YoY in Q1
Its total property income rose 8% due to higher occupancy, amongst others.
5 in 10 small business owners in Singapore feel financially distressed
Business owners cited two main stressors.
Elite Commercial REIT’s distributable income drops 26.1% YoY to $7.5m in 1Q23
The REIT attributed the decline to increased borrowing costs amongst others.
Number of women brand owners, inventors rising in Singapore: report
The proportion of women brand owners who registered trademarks rose to 23.4% in 2022.
More than half of Singaporeans think they are underpaid
Last year, one in five employees did not receive a bonus for their work contributions.
8 in 10 C-suite executives say delaying sustainability goals may damage company value
But majority say they are challenged to achieve their progress with low budget.
Digital Core REIT’s NPI down 2.3% YoY in Q1
Its net property income (NPI) declined to US$17.4m ($23.2m).
Condo tenants shift to HDB flats due to high rent: experts
More renters might choose cheaper units if private rents remain elevated.
UOB posts record net profit of S$1.6b in Q1
Core operating profit was also 60% higher at S$2.1b.
Heads up: Gov’t raises ABSD rates to manage property investment demand
The rates increased to 60% for foreigners whilst 65% for entities or trusts.
Manufacturing output drops 4.2% YoY in March
Excluding biomedical manufacturing, the output would have fallen by 6.0% YoY.
Divestment of Daikanyama hits Starhill Global REIT’s NPI
The net property income (NPI) declined 1.3% YoY in 3Q FY22/23.
Analysts tell investors to stay defensive amidst uncertain US Fed policy action
Preferred exposure is healthcare, industrial REIT sectors, and consumer staples.
Daily Markets Briefing: STI down 0.06%; Top stock is Frasers L&C
Commercial REITs are leading.
Chart of the Day: Shophouse sales volume down 46% YoY in Q1
It went down to 28 deals in the first few months of the year.
More than half of SGX firms polled are vulnerable to email fraud: report
Only 8% actively block suspicious emails.
Yangzijiang Shipbuilding secures $1.58b year-to-date order-wins
The company now has 147 vessels worth $14.68b.
Read Here
Advertise
Sign Up
Commentary
Can controlled sandboxes prepare Singapore organisations for production AI?
What the latest sanctions regimes mean for Singapore businesses
Singapore’s tourism economy depends on security infrastructure most never see
Where does value creation really happen?
Managing the cost of diverging standards: Why Singapore matters
Singapore’s AI ambition has an intelligence problem
Singapore is deploying AI at speed – and security risks are catching up
Precious metal boom is a stress test for Singapore’s gold ambitions
Singapore’s global dispute fault lines
‘Tokenmaxxing’ – The wrong AI race to run in Singapore