Singapore
SIA Engineering net profit more than doubles to $27m in Q1 FY23-24
SIA Engineering net profit more than doubles to $27m in Q1 FY23-24
It posted its first quarter of operating profit since the pandemic.
PLife REIT NPI up 25.1% YoY to $70.1m in H1
Its gross revenue rose by 23.6% YoY to $74.4m.
Condo resale market to see more sales activity in 2H23
In 2Q23, sales volume only dipped by 1.5% despite the April cooling measures.
SG, Japan join hands to implement green aviation initiatives
The countries will work together to materialise an Aviation Green Lane.
DFI Retail Group expands mobile payment methods in over 800 store outlets
This covers all 7-Eleven, Cold Storage, Giant and Guardian stores in Singapore.
CapitaLand Malaysia Trust’s net property income soars 51.8% YoY to $16.6m in 2Q23
Contribution from Queensbay Mall lifted the REIT’s income.
ESR-LOGOS REIT’s DPU dips 5.6% to $0.014 in 1H23
The enlarged unit base from the REIT’s recent equity fundraising exercise drove the decline.
Frasers Centrepoint Trust’s retail portfolio occupancy rises to 98.7% in 3Q23
Compared to 3Q22, the REIT’s occupancy was up by 1.6 percentage points.
Passing of Quarz' resolution does not result in the internalisation of Sabana REIT's management: ESR Group
Sabana REIT will hold an EGM on Quarz' two resolutions on 7 August.
Singapore outperforms SEA peers in digitisation rankings
The Lion City has the most powerful internet infrastructure.
Number of salary disputes up in 2022: MOM
There were 1.68 salary disputes lodged per 1,000 employees.
Keppel DC Reit’s net property income increases by 3.3% in H1
Its NPI grew to $127.3m in H1 2023.]
UOI net profit up 70.2% in H1 due to favourable investment markets
United Overseas Investment Limited (UOI) posted $12.15m net profit.
Sembcorp terminates plans to sell SembWaste
No reason was stated in the bourse filing.
MLT posts DPU of 2.271 cents in Q1 FY23/24
It was 0.1% higher than the 2.268 cents recorded in Q1 FY22/23.
Daily Markets Briefing: STI up 0.64%; Keppel Corp is top stock
Keppel Corp closed with a 2.53% decrease.
Inflation to ease further in 2H23, but sticky prices likely in 3Q23
In June, headline inflation dropped to 4.5%.
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