Benjamin Cher
Correspondent at The Business Times (Singapore)
Reporter with The Business Times, banging words together till they stick, views expressed are personal. Got a tip? Email me at BenjaminCher at https://t.co/XGeHGhb6In
Articles
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1 week ago |
businesstimes.com.sg | Benjamin Cher
Published Fri, May 2, 2025 · 07:14 PM[SINGAPORE] The manager of CapitaLand Integrated Commercial Trust (CICT) on Friday (May 2) announced the sale of its stake in the serviced residence component of CapitaSpring. CICT owns a 45 per cent interest in Glory SR Trust, which holds the serviced residence component of the integrated development. CICT’s manager did not disclose the purchasers, but described them as an “unrelated third party”.
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1 week ago |
businesstimes.com.sg | Benjamin Cher
[SINGAPORE] The continued uncertainty with US tariffs could provide more opportunities rather than challenges to Greenlink Digital Bank (GLDB). GLDB chairman Geng Jing believes that the tariffs could spur deeper cooperation and trade between South-east Asia countries, as well as China. “Tariffs will likely not have a short-term impact but a medium- to long-term one,” he told The Business Times.
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2 weeks ago |
businesstimes.com.sg | Benjamin Cher
Recent global trade tensions have created an uncertain macroeconomic environment and the company is cautious of the knock-on effectsPublished Wed, Apr 30, 2025 · 07:49 PM[Singapore] Jardine Cycle & Carriage (JC&C) reported lower contributions across most of its business units in the first quarter of 2025 on Wednesday (Apr 30). Astra in Indonesia reported a decrease in underlying profit, with contributions affected by the weaker Indonesian rupiah.
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2 weeks ago |
businesstimes.com.sg | Benjamin Cher
[SINGAPORE] The manager of Elite UK real estate investment trust (Reit), announced a 10.2 per cent year-on-year increase in distributable income to £4.8 million (S$8.4 million) in Q1 2025, from £4.4 million. Revenue for the quarter inched up 0.6 per cent to £9.3 million, from £9.2 million in Q1 2024, said the manager in a bourse filing on Wednesday (Apr 30). Net property income in Q1 2025 rose 24.4 per cent to £10.4 million, from £8.3 million in the corresponding period of the previous year.
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2 weeks ago |
businesstimes.com.sg | Benjamin Cher
THE manager of Starhill Global real estate investment trust (Reit) posted a net property income (NPI) of S$37.9 million for Q3 FY2025 ended Mar 31, up 0.5 per cent from S$37.7 million in the previous corresponding period. The slight increase in NPI was mainly driven by appreciation of the Malaysian ringgit against the Singapore dollar and lower operating expenses, said the manager in a bourse filing on Tuesday (Apr 29).
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so true
"Incompetent leaders are the main reason for low levels of employee engagement, and the prevalent high levels of passive job seeking and self-employment." https://t.co/IGtgio5VM2
Gojek isn’t going anywhere says Gojek Singapore GM
Singapore remains key to Gojek’s plans, says its GM https://t.co/WDZCFzvh1W
As food delivery players adds on their quick commerce play, the move to physical assets seems inevitable, read more in my story today on @BusinessTimes https://t.co/W3XMdaQMXi
