News
Far East Hospitality Trust’s net property income jumps 27.7% YoY to $98.7m in FY23
Far East Hospitality Trust’s net property income jumps 27.7% YoY to $98.7m in FY23
With improved NPI, the REIT recorded a full-year DPS of $0.0409.
Singapore leads commercial real estate investments in APAC
Commercial investment volume in Singapore grew 462% QoQ and 110% YoY in 4Q23.
Daily Markets Briefing: STI up 0.05%; Top stock is DBS
DBS is the top stock despite a 0.154% decline.
Singapore ranks 8th most searched destination for Valentine’s Day: Agoda
The city-state trails behind other major Asian countries.
Dasin Retail Trust taps Wang Peng as new CIO
Wang previously worked for Sino-Ocean Group.
7 in 10 hiring managers find recruitment of tech candidates ‘very’ competitive
Hiring managers cite three reasons for difficulty in hiring.
StarHub’s net profit soars 140.4% YoY to $149.6m in FY23
With a better bottom line, the company declared a final dividend of $0.042 per share.
High court grants order for sale of GSM building to LHN
LHN plans to complete the acquisition of the asset on 9 May.
Sembcorp unit acquires 228MW of wind assets in India
The company’s gross renewables portfolio globally stands at 13.5 GW.
Hatten Land widens net loss to RM20.8m in 2Q24
Loss per share also widened to RM0.0111.
ComfortDelGro unit acquires UK-based CMAC Group for $135.4m
CMAC is a ground transport management and accommodation network specialist.
Sales value of strata office units climbs 1.8% YoY to $1.17b in 2023
Volume was similar to 2022’s level.
Daily Markets Briefing: STI down 0.15%; Top stock is DBS
DBS is the top stock with a 0.246% increase.
Nomura sees manufacturing supporting 3% GDP growth this year
Inflation to remain sticky this year.
Tourism rebound to fuel retail rental growth in Orchard this year: expert
Rents to rise by up to 5% in Orchard, 2% to 3% in fringe, suburban locations.
Social media influence nearly half of Asian consumers' purchase decision
About seven in 10 Asian consumers buy non-grocery items online.
Bright Point International Financial enters SGX's derivatives market
SGX now has 70 trading and 30 clearing members.
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