Ascendas India Trust’s Latest Earnings: Hurt By Currency Movements

25 Jul 2016 - The Motley Fool Singapore
Last Friday, Ascendas India Trust (SGX: CY6U) released its first-quarter earnings for its fiscal year ending 31 March 2017 (FY16/17) . As a brief background, Ascendas India Trust was listed in August 2007 as the Singapore stock market’s first business trust with a focus on real estate located in India. ...
sgx:cy6u

---

Israeli businesses are international from the start: Todd Dollinger, Trendlines

25 Jul 2016 - DealStreetAsia
Israel-based Trendlines Group, a seed-stage incubator that focuses on medical and agricultural technology, has operated as a business trust in Singapore. It is similar to business development companies of the US that have emerged as a financing alternative for small and medium enterprises (SMEs). Following ...

---

Robeco expands into Asia with Singapore office

25 Jul 2016 - DealStreetAsia
Rotterdam-based Dutch asset-management firm Robeco is establishing a permanent presence in one of Asia’s fastest-growing fixed-income hubs with the opening of a Singapore office focused on credit research. The office will help strengthen its service to clients in the market and the broader Southeast ...

---

Singapore: Lian Beng Group acquires four housing board properties for $110m

25 Jul 2016 - DealStreetAsia
Lian Beng Group‘s newly incorporated subsidiaries have been granted options by Heartland Retail Holdings to acquire four Housing Development Board HDB properties in Singapore for S$151 million ($110 million). The four properties are spread out in Ang Mo Kio, Bukit Merah Central, Clementi Avenue and Toa ...
sgx:l03

---

Does HP’s Alexandra Technopark departure spell doom for FCOT’s profits?

25 Jul 2016 - Singapore Business Review
HP contributes about 17% of group rental income. Hewlett Packard’s departure from Frasers Commercial Trust’s (FCOT) Alexandra Technopark may be a blessing in disguise, as analysts believe this offers FCOT a way to raise profits. According to a report by DBS, analysis of HP Inc and HP Enterprise’s (which ...
sgx:nd8u

---

Here’s why CCT isn’t out of the woods yet despite its string of lease renewals

25 Jul 2016 - Singapore Business Review
Rental pressure for 2017 leases looms. Though CapitaLand Commercial Trust (CCT) has locked down renewals for most of its office leases expiring in 2016 forward, increased rental pressure looms for its leases in 2017-2018. According to a report by UOB Kay Hian, Q2 saw 2016’s expiring office leases slashed ...
sgx:c61u

---

Singapore Government to review growth forecast for the year

25 Jul 2016 - Channel NewsAsia
SINGAPORE: Amid an outlook of lacklustre growth in the global economy, the Government is reviewing its forecast of 1 to 3 per cent growth for 2016. The review will be conducted by the Monetary Authority of Singapore (MAS), together with the Ministry of Trade and Industry, MAS said at a briefing following ...

---

Consumer prices fall for 20th straight month in June, but pace of decline slows

25 Jul 2016 - Channel NewsAsia
SINGAPORE: Consumer prices in Singapore continued falling in June - the 20th straight month of decline, according to data released on Monday (Jul 25). The consumer price index (CPI) fell 0.7 per cent last month, following a 1.6 per cent decline in May and a 0.5 per cent fall in April. The pace of decline ...

---

Singtel’s Optus Business nabs three-year ICT services deal with Australia’s biggest insurer

25 Jul 2016 - Singapore Business Review
Optus will provide voice, mobile and data network services. Singtel's Optus Business has inked a three-year, multi-million dollar deal with Australia’s largest global insurer, QBE Australia. According to media release by Optus, the ICT services agreement will see Optus deliver voice, mobile and data ...
sgx:z74

---

LTA pilot to allow contactless transit fare payment with credit, debit cards by end-2016

25 Jul 2016 - Singapore Business Review
It’s the first pilot of its kind in Asia. The Land Transportation Authority (LTA) has upped the ante for Singapore transit, as a partnership with Mastercard will allow Singaporeans to be the first commuters in Asia to contactlessly pay for transit fares with credit and debit cards by the end of 2016. ...

---