Business
Keppel Pacific Oak US Reit H1 distributable income falls 16.2% to US$19.9 million
The decline is mainly due to lower cash net property income and higher other trust expenses Keppel Pacific Oak US Reit (Kore) posted a…
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income
Business
SIA Q1 net profit falls 58.8% to S$186 million on associates’ losses, lower interest income
Net profit for Singapore Airlines (SIA) declined 58.8 per cent to S$186 million for Q1 FY2026 ending Jun 30, from S$452 million in the…
Business
ING looks to expand non-interest income pillars in Singapore to buffer rate risks
Dutch lender ING is accelerating efforts to build up its fee-based revenue amid the prospect of lower interest rates. In Singapore, that…
Business
Income Insurance to explore other share liquidity options after scuppered Allianz deal: departing chairman Ronald Ong
Income Insurance is “keeping its options open” over various share liquidity options, which could include a share-buyback programme, said…
Business
MAS denies ex-NTUC Income CEO’s request to meet chairman Gan Kim Yong over Allianz matter
The Monetary Authority of Singapore (MAS) said on Monday (Jun 23) that it has rejected former NTUC Income chief executive Tan Suee Chieh’s…
Business
MAS turns down ex-NTUC Income CEO’s request to meet chairman Gan Kim Yong over Allianz matter
The Monetary Authority of Singapore (MAS) said on Monday (Jun 23) that it has rejected former NTUC Income chief executive Tan Suee Chieh’s…
Business
Trump reports tens of millions in income from crypto ventures
PRESIDENT Donald Trump filed his first public financial disclosure report of his term on Friday (Jun 13), providing what he said was the…
Business
Jetstar Asia shutdown: Income Insurance extends ‘goodwill’ coverage outside of ticket expenses
Income Insurance said on Thursday (Jun 12) that it will offer coverage to eligible customers affected by Jetstar Asia’s upcoming shutdown,…
Business
Income Insurance chairman Ronald Ong to retire from role after seven years at helm
Income Insurance chairman Ronald Ong will retire from his role after seven years at the helm, the company announced on Monday (Jun 9). The…
Business
Sasseur Reit posts 1.6% rise in Q1 rental income to 175.4 million yuan
The global tariffs imposed by the US and the push by the Chinese government to boost domestic consumption provide Sasseur Real Estate…
Business
EC World Reit’s Q1 net property income more than halves to S$10.8 million as it looks to sell more assets to repay debt
EC World Real Estate Investment Trust’s (Reit) net property income for the first quarter of 2025 more than halved to S$10.8 million, from…
Business
Elite UK Reit posts 10.2% rise in Q1 2025 distributable income to £4.8 million
The manager of Elite UK real estate investment trust (Reit), announced a 10.2 per cent year-on-year increase in distributable income to…
Business
Far East Hospitality Trust Q1 net property income falls 8.3% to S$23 million
Far East Hospitality Trust’s (FEHT) net property income fell 8.3 per cent year on year to S$23 million for the first quarter ended March,…
Business
UOI Q1 profit before tax dips 3% to S$7.8 million on lower non-underwriting income
The fall is attributed to lower non-underwriting income, which dropped 12% to S$3.7 million United Overseas Insurance (UOI), the general…
Business
LMIRT Q1 net property income dips 2.4% to S$29.2 million
Lippo Malls Indonesia Retail Trust (LMIRT) on Monday (Apr 28) posted a 2.4 per cent decline in net property income to S$29.2 million for…
Business
Digital Core Reit’s Q1 distributable income rises 9.9% to US$11.7 million
Its revenue is up 79.9% at US$44.2 million; net property income grows 41.8% to US$22.4 million Digital Core Real Estate Investment Trust…
Business
Keppel Reit Q1 distributable income falls 3.5% to S$48.4 million
Keppel Reit reported on Wednesday (Apr 23) that its distributable income from operations fell 3.5 per cent to S$48.4 million on the year…
Business
Manulife US Reit to sell Plaza office building for US$40 million as H2 distributable income falls 57.6%
THE manager of Manulife US Real Estate Investment Trust (Reit) reported on Thursday (Feb 20) that its distributable income fell 57.6 per…
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Zheneng Jinjiang Environment guides for ‘significant increase’ in comprehensive income for H2
Anticipated rise attributed mainly to the absence of significant impairment losses that were recorded as at Dec 31, 2023 WASTE treatment…
Business
Keppel Pacific Oak US Reit posts 8.8% fall in distributable income to US$23.8 million for H2
THE manager of Keppel Pacific Oak US Reit (Kore) on Tuesday (Feb 4) posted an 8.8 per cent fall in distributable income to US$23.8 million…
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Social Security update: Payments of up to $5,108 to go out this week
The first round of Social Security retirement benefits for 2025 will be paid this week. Social Security benefits form the bedrock of…
Business
Airbnb Host Income Calculator
Ever wondered just how much cash you could rake in by listing your place on Airbnb? Well, you’re not alone. Loads of folks are jumping on…
Business
Income should put aside hunt for a strategic partner, and focus on an organic growth plan
It seems unlikely another suitor will be easily found – at least not without Income’s shareholders being prepared to accept a much lower…
Business
Allianz confirms withdrawal of offer for Income Insurance
ALLIANZ said it has withdrawn its pre-conditional offer to buy at least 51 per cent of the shares in Income Insurance. “We respect the…