BT Podcasts: S-Reits – good hedge against inflation?

Synopsis: The Business Times Podcast channel showcases niche series Money Hacks, Mark To Market and WealthBT, and sponsored series. Although Singapore real estate investment trusts had a rough 1H2022, real estate investment trusts (Reits) can still do well while interest rates are rising. So are S-Reits good hedges against inflation and what’s their outlook moving forward?

More investors braving risk factor to make an impact in Asia

SINGAPORE – Asia is gaining ground as a destination for environmental, social and governance (ESG) investments, even though the region’s emerging markets are still relatively less mature. The International Finance Corporation (IFC) has identified East and South-east Asia as “among the fastest-growing regions for impact investments”, said Mr Justin Pooley, ESG manager for Asia and […]

Champion REIT Partners with St. James’ Settlement in Summer Movie Screening for SEN Children

HONG KONG, Aug 22, 2022 – (ACN Newswire via SEAPRWire.com) – Champion Real Estate Investment Trust (“Champion REIT” or the “Trust”) (Stock Code: 2778), owner of Three Garden Road and Langham Place, partnered with St. James’ Settlement again this year to hold a movie screening of Doraemon: Nobita’s Little Star Wars at Cinema City, Langham […]

China developers in ‘survival mode’ slashes property investment

BEIJING (REUTERS) – Chinese developers in “survival mode” sharply cut property investment in July while new construction starts suffered their biggest fall in nearly a decade, suggesting the liquidity-challenged sector is not about to turn the corner anytime soon. China’s property market, accounting for about a quarter of the economy, has been trapped in a […]

CapitaLand Investment first-half profit slips 38.3% on lower asset recycling activity

SINGAPORE (THE BUSINESS TIMES) – Property investment manager CapitaLand Investment Limited (CLI) posted a 38.3 per cent drop in profit for the first half year ended June 30, to $433 million, from $702 million last year due to “lower velocity in asset recycling activities”, particularly in China, it said in a regulatory filing on Thursday […]

Deliveroo says losses spike due to investment costs, plans to exit Netherlands

LONDON (AFP) – Deliveroo, the international delivery food app, announced on Wednesday a big increase in losses as investment costs ate into rising revenues, adding it planned to exit its struggling Dutch market. Loss after tax jumped 41 per cent to £153.8 million (S$256.15 million) compared with the first six months of last year, the British […]

Yang Xiaosong of Southern Asset Management: Full support is rendered to the third pillar construction for sustainable pension development

New York, NY, July 20, 2022 (GLOBE NEWSWIRE via SEAPRWire.com) — Pension secures material needs for people in their old age and is the wealth foundation for the sustainable development of our society. China is turning into an aging society and facing the challenges of “getting old before getting rich” and “getting old before getting […]

Chinese biotech firm WuXi Biologics investing $2b to expand research, manufacturing in S’pore

SINGAPORE – Chinese biotechnology company WuXi Biologics has announced plans to invest US$1.4 billion (S$2 billion) to expand its research, development and large-scale drug substance and drug product manufacturing capabilities in Singapore. In a statement on Tuesday (July 19), the Hong Kong-listed company said that its 10-year investment plan will see it establish a new Singapore facility, […]

S’pore property investment sales nearly double to $20.2b in first half of 2022: Knight Frank

SINGAPORE (THE BUSINESS TIMES) – The local property investment market recorded some $8.2 billion worth of transactions in the second quarter of 2022, bringing the half year’s total to $20.2 billion – an 88.7 per cent improvement or almost double the $10.7 billion in transactions registered for the same period last year. According to figures […]

AIIB Commits US$100 million in CEL Infrastructure Investment Fund II

HONG KONG, Jul 5, 2022 – (ACN Newswire via SEAPRWire.com) – CEL Infrastructure Investment Fund II (“Fund II”), a private equity fund sponsored and managed by China Everbright Limited (“CEL”, stock code: 165.HK) has made significant progress in fundraising. On June 29, 2022, Asian Infrastructure Investment Bank (“AIIB”) approved to commit of US$100 million including […]

CGS-CIMB launches Singapore’s first Shariah-compliant trading account

SINGAPORE – Brokerage CGS-CIMB Securities aims to provide more Islamic structured investment options for the Muslim community here with the launch on Thursday (June 23) of Singapore’s first Shariah-compliant trading account. iCash allows investors to screen for products that are aligned with the key principles of Shariah – morality, transparency and fairness – so they […]