News
MPA, classification societies collaborate on maritime digitalisation, decarbonisation
MPA, classification societies collaborate on maritime digitalisation, decarbonisation
The collaboration would allow the parties to shape standards and develop measures in the industry.
SG, Cambodia collaborate on carbon credits
Both countries would work together to advance action to achieve their sustainable development goals
Industrial property on Woodlands Avenue up for sale by tender
Interested parties can buy the Tenderer's Packet at $181.90.
Three adjoining freehold retail units along MacPherson Road for sale
Expression of interest closes on 25 May at 12 noon.
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.
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