The REIT’s 3QFY2024 results ended Sept 30 saw its revenue per available room (RevPar) coming in at US$104, less than a 1% decline y-o-y as the fall in occupancy to 72.8% was offset by the increase in ...
Singapore stocks fell as trading began on Wednesday—STI dropped 0.7%
In the broader market, 78 stocks fell compared to 43 that advanced, with 47.8 million securities valued at S$89.5 million traded ...
Forty-four IPOs and counting: Malaysia’s IPO surge reflects investor confidence in local bourse, outpacing regional markets
Bursa Malaysia Bhd is experiencing a resurgence in initial public offerings (IPOs) as 2024 draws to a close, reflecting renewed investor confidence in ...
COP29: Singapore to commit US$500 million as concessional capital for climate action
THE Singapore government will commit US$500 million as concessional capital to support a blended-finance initiative launched by its central bank last year, said Sustainability and Environment Minister ...
COP29: Singapore pledges US$500m to accelerate capital flows into green projects
The dollar-for-dollar pledge contributes to the Financing Asia’s Transition Partnership (FAST-P), which was launched by the Monetary Authority of Singapore last year. The FAST-P blended finance ...
Billionaire’s Singapore Property Firm Frasers Sees Earnings Jump
Frasers Property Ltd., the developer controlled by Thai billionaire Charoen Sirivadhanabhakdi, saw full-year earnings rise, led by higher residential contributions from China and Australia. ( read original story ...)
What Are Government Land Sales (GLS) – And How They Affect Property Prices In Singapore
Programme lists Confirmed and Reserve sites, and provides information on new private property launches in Singapore. ( read original story ...)
DBS Group: Management’s Dividend Growth Plan Remains Compelling
Shares of Singapore's DBS Group have been on a strong run since my last piece, including a nice bump after Q3 results. Q3 results were strong, with record net income mapping to a strong return on ...
Singapore shares retreat at Wednesday’s open; STI down 0.7%
SINGAPORE shares began trading lower on Wednesday (Nov 13), extending global equity market declines overnight. As at 9.02 am, the Straits Times Index (STI) fell 0.7 per cent or 24.31 points to ...
Thai billionaire’s Singapore firm Frasers Property sees profit jump
Still, it has faced various setbacks in Singapore, including failed bids by consortiums it was part of for a rental pilot site and another for an alternative business district in the city’s west. Both ...
Singapore Telecommunications’ half-year net profit falls 42%
Nov 13 (Reuters) - Singapore Telecommunications (SingTel) (STEL.SI), opens new tab reported a 42% fall in its half-year profit on Wednesday, as the firm was hurt by the absense of S$1.2 billion ...
Here’s Everything That Happened at Singapore Fintech Festival 2024 in 10 Key Highlights
The ninth edition of the Fintech Festival (SFF) wrapped up on November 08, concluding a dynamic week-long of celebration of fintech that brought together tens of thousands of participants from around ... ( read original story ...)
Singapore fintech market likely to double in size
SINGAPORE: Singapore’s financial technology (fintech) market will likely double in size in the next few years as banks and fintech firms leverage each other’s unique strengths, says HSBC executive ...
Swiggy’s IPO likely to create 500 crorepatis; 5,000 employees set to earn Rs 9,000 crore in total
Swiggy employees are expected to gain significant wealth. The company's IPO is scheduled to debut on November 13. This event is poised to be one of the largest wealth creation events in the Indian ...
Swagger Returns to Crypto as Bitcoin Soars
From New York to Singapore, cryptocurrency traders large and small are ... up and Bitcoin’s march toward $100,000 talked about as something of a mere formality, crypto is in the grip of a market mania ...
Singapore wants police to stop stubborn victims from sending money to scammers
Singapore has proposed a new bill to block recalcitrant victims from making online banking transactions, as scam cases continue to climb despite multiple safeguards in place. The country's Ministry of ...