Real Estate

Global airlines raise 2024 profit outlook as travel soars
Global airlines raise 2024 profit outlook as travel soars
June 3, 2024
Global airlines on Monday (Jun 3) raised their profit forecast for 2024 and projected industry-wide revenues just shy of US$1 trillion as a record number of travellers board flights.The...
Bank of Singapore names former GIC executive for newly created role
Bank of Singapore names former GIC executive for newly created role
June 3, 2024
THE Bank of Singapore (BOS) named Owi S Ruivivar as its chief portfolio strategist, a new role to lead the development of a “systematic, robust and risk-based multi-asset allocation...
ECB to start rate cuts but sticky inflation clouds path ahead
ECB to start rate cuts but sticky inflation clouds path ahead
June 3, 2024
THE European Central Bank (ECB) is expected to begin cutting eurozone interest rates from historic highs this week, but sticky inflation means the move is unlikely to kickstart a...
Seatrium inks MOU with M1 to explore 5G connectivity in yards
Seatrium inks MOU with M1 to explore 5G connectivity in yards
June 3, 2024
Seatrium has signed a memorandum of understanding (MOU) with M1 to enhance yard operations with 5G network. This is part of Seatrium’s digital strategy, which aims to establish a...
Women directorships highest on record across three sectors in 2023
Women directorships highest on record across three sectors in 2023
June 2, 2024
THE proportion of women appointed to board leadership roles across Singapore Exchange (SGX) -listed companies, statutory boards and institutions of public character (IPCs) in 2023 is the highest it...
New sponsors of Ara H-Trust, Cromwell E-Reit unlikely to quickly lift their depressed valuations
New sponsors of Ara H-Trust, Cromwell E-Reit unlikely to quickly lift their depressed valuations
June 2, 2024
INVESTORS may have mixed feelings about the recently announced sale of ARA US Hospitality Trust (ARA H-Trust) and Cromwell European Real Estate Investment Trust (Cromwell E-Reit) by their respective...
Nvidia touts new products aimed at expanding its AI dominance
Nvidia touts new products aimed at expanding its AI dominance
June 2, 2024
Nvidia chief executive officer Jensen Huang unveiled new software and services aimed at spreading artificial intelligence (AI) computing throughout the economy, a movement that he describes as a new...
Nvidia touts new products aimed at expanding its AI dominance
Nvidia announces next-generation Rubin AI platform for 2026
June 2, 2024
Nvidia chief executive officer Jensen Huang said the company plans to upgrade its artificial intelligence (AI) accelerators every year, announcing a Blackwell Ultra chip for 2025 and a next-generation...
Untested ETFs pitched to investors as hedge against global chaos
Untested ETFs pitched to investors as hedge against global chaos
June 2, 2024
WAR in the Middle East and Europe, US-China tensions, climate change, threats from new technologies – geopolitical risk is everywhere. A coterie of fund managers are pitching a class...
Medical inflation rising, but prudent consumption, fee benchmarks can help check healthcare costs
Medical inflation rising, but prudent consumption, fee benchmarks can help check healthcare costs
May 31, 2024
MEDICAL costs in Singapore have been rising each year, and consumers are likely to feel the pinch as healthcare players and insurers deal with an increasing need for care...