Singapore
Cromwell EREIT posts 8.7% YoY lower income of €88.3m in FY23
Cromwell EREIT posts 8.7% YoY lower income of €88.3m in FY23
The REIT also declared an 8.7% YoY lower DPU of €0.15693.
Dasin Retail Trust taps Wang Peng as acting CEO of trustee-manager
Peng was previously part of the Sino-Ocean Group.
Raffles Medical Group’s PATMI drops 37.1% YoY to $90.2m in FY23
The company attributed the decline to the discontinuance of its COVID-related activities.
Inflation eases to 2.9% YoY in January
In December 2023, headline inflation rose 3.7% YoY.
How much do advertisers spend on digital ads?
Digital spending makes up 59.7% of total ad spend in Singapore.
New bill likely to prolong fundraising, leadership change for firms critical to national security
Legal experts believe cybersecurity and AI entities are likely to be affected by the measure.
Daily Markets Briefing: STI down 1.24%; Top stock is DBS
DBS is the top stock despite a 0.353% decrease.
92% of SMU fresh graduates hired, but salary remains steady: survey
Top three programs based on hirings were finance, IT, law and accounting.
Businesses ramp up cybersecurity spending amid cyber threat woes: report
Majority expressed intention to invest in cybersecurity.
GoodGang Labs forges human-AI persona in avatar-based social platform
The startup plans to expand globally in 2025 after kick starting its platform in Korea and Japan.
HRnetGroup reports 5.9% earnings dip
Revenue for FY2023 experienced a 5.4% year-on-year decline.
Venture Corporation revenue drops 21.7% in FY23
The group registered a net profit of $270m.
Aztech Global net profits surges 48% 2023
However, the group expects a challenging year ahead.
SGX RegCo proposes rule changes to streamline company restructuring
It suggested eliminating shareholder votes on major disposals during liquidation.
MPA shortlists 11 design proposals for Singapore’s electric harbour craft
It received 55 proposals from 32 international and local companies and consortia.
Eastspring Investments taps HSBC’s Vis Nayar as chief investment officer
He will begin his role as CIO on 3 June.
Industrial rents to grow 0%-3% in 2024: report
Savills cited three factors contributing to the projection.
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