Latest news with #DPU
Yahoo
07-07-2025
- Business
- Yahoo
Boost Your Portfolio with These 3 High-Quality Singapore REITs
The REIT sector had to endure more than two years of challenges as surging interest rates and soaring inflation ate into REITs' results. Many REITs had to grapple with higher operating and finance costs, which crimped their distributable income and, by extension, their distribution per unit (DPU). Income investors need to filter out strong and reliable REITs that can weather these challenges and emerge relatively unscathed. These REITs should possess strong sponsors, a robust portfolio of properties, with a manager that focuses on acquisitions and capital recycling to deliver sustainable returns. Here are three high-quality Singapore REITs that can help fortify your portfolio during tough times. Mapletree Industrial Trust, or MIT, is an industrial REIT with a portfolio of 141 properties spread across Singapore (83), the US (56), and Japan (2). The REIT had assets under management (AUM) of S$9.1 billion as of 31 March 2025. MIT is supported by a strong sponsor in Mapletree Investments Pte Ltd, an investment firm that manages a diverse portfolio of real estate assets worth S$80.3 billion as of 31 March 2025. The REIT is one of several that managed to increase its DPU. For its fiscal 2025 (FY2025) ending 31 March 2025, MIT saw gross revenue rise 2.1% year on year to S$711.8 million. Net property income (NPI) inched up 2% year on year to S$531.5 million while DPU crept up 1% year on year to S$0.1357. The REIT manager announced proactive asset management moves to manage the impact of vacancies in its North American data centres. These include reletting by extending leases or backfilling vacant spaces, repositioning assets through redevelopments, and rebalancing the portfolio through the divestment of non-core properties. Portfolio occupancy remained high at 91.6% for FY2025, and the industrial REIT registered a positive rental reversion of 8.1% for renewal leases in its Singapore portfolio. The manager was also active in acquisitions, as it announced the purchase of an Osaka data centre back in May 2023. The fitting out of this data centre was done in four phases and was completed back in May this year. That same month, MIT also announced the divestment of three properties in Singapore for S$535.3 million at a small premium to the properties' valuation. Although the sale will slightly lower DPU, it will reduce MIT's aggregate leverage to 37% (from 40.1%) and improve portfolio occupancy to 92%. CapitaLand Ascendas REIT, or CLAR, is Singapore's oldest industrial REIT and owns a portfolio of 226 properties with an AUM of S$16.9 billion as of 31 March 2025. The REIT is anchored by a strong sponsor in blue-chip CapitaLand Investment Limited (SGX: 9CI), which manages S$117 billion of funds under management. Like MIT, CLAR is also one of several REITs to report a slight year-on-year DPU increase. DPU for 2024 inched up 0.3% year on year to S$0.15205 on the back of a 2.9% year-on-year improvement in gross revenue to S$1.52 billion. The REIT's first quarter of 2025 (1Q 2025) business update also displayed strong operating metrics. Portfolio occupancy stood high at 91.5% and the portfolio enjoyed a positive rental reversion of 11%. Back in May, the manager announced a yield-accretive acquisition of two fully occupied industrial properties in Singapore. This purchase is poised to add 1.36% to CLAR's 2024 DPU and also opens up the properties to organic growth potential that can increase their rental income in the future. Meanwhile, CLAR is also undertaking ongoing projects worth S$498.4 million to improve the returns on its existing portfolio. These projects, which include redevelopments and refurbishments, should be completed from 3Q 2025 to 1Q 2028. Parkway Life REIT is a healthcare REIT with a portfolio of three hospitals in Singapore, 60 nursing homes in Japan, and 11 nursing homes in France. The REIT used to own a strata-titled medical centre in Malaysia, but this asset was divested after 1Q 2025. Parkway Life REIT has a strong sponsor in IHH Healthcare Berhad (SGX: Q0F), an integrated healthcare player that owns hospitals and clinics in Singapore, Malaysia, and Turkey. The healthcare REIT has a stellar DPU track record, having reported uninterrupted core DPU increases since its IPO in 2007. Its 1Q 2025 business update was equally impressive. Gross revenue and NPI increased by 7.3% and 7.5% year on year, respectively, to S$39 million and S$36.8 million. DPU continued its rise, increasing 1.3% year on year to S$0.0384. Parkway Life REIT announced a major acquisition of 11 nursing homes in France last year for €112 million. This purchase adds a third key market for the healthcare REIT that can provide DPU growth and diversification. The REIT's gearing remained reasonable at 36.1% with a low all-in cost of debt of just 1.5%. With a healthy interest cover ratio of 9.3 times, Parkway Life REIT can tap into more debt financing for more yield-accretive acquisitions in the future. Boost your portfolio's returns with 5 SGX stocks that promise both stability and steady growth. We bring you the names of these rock-solid stocks, including why they could drive massive dividends over the next few years. If you're looking to invest for retirement, this guide is a must-read. Click HERE to download now. Follow us on Facebook, Instagram and Telegram for the latest investing news and analyses! Disclosure: Royston Yang owns shares of Mapletree Industrial Trust. The post Boost Your Portfolio with These 3 High-Quality Singapore REITs appeared first on The Smart Investor. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Malay Mail
06-07-2025
- Malay Mail
Was enough done? Brazil may sue Indonesia over death of hiker on Mount Rinjani
JAKARTA, July 6 — Brazilian authorities may take the case of a young woman's death on Mount Rinjani to an international human rights body, should Indonesia be found negligent in the rescue operation. Juliana Marins, 26, died after falling into a ravine while trekking towards the summit of the active volcano on Lombok Island. Although she was reportedly still alive when first sighted by search teams, her body was only recovered later — some 600m down a cliff — after rescue workers were hampered by bad weather and challenging terrain. According to The Jakarta Post, Brazil's Federal Public Defender's Office (DPU) said it would escalate the matter to the Inter-American Commission on Human Rights if Indonesian authorities are deemed to have failed in their duty to assist. An official request has also been made to Brazil's Federal Police to launch an investigation into the circumstances of Ms Marins' death. A second autopsy was ordered in Brazil following her repatriation, after the initial post-mortem in Indonesia failed to establish a conclusive time of death. 'We are still waiting for the report prepared by the Indonesian authorities. Once it is received, we will decide the next legal step,' said Taisa Bittencourt, the regional human rights defender at DPU's Rio de Janeiro office. The Indonesian government has defended its response. 'The rescue process and other steps, including the autopsy, were carried out according to Indonesian standards,' said Lalu Mohammad Faozal, acting Secretary of West Nusa Tenggara. The rescue effort involved descending into difficult terrain where helicopters could not operate due to volcanic soil and poor weather conditions. Marins' body was eventually retrieved with ropes and evacuated to Bali, where the autopsy was conducted on June 26 before the body was flown home and subjected to a second post-mortem on July 1. Indonesia's Forestry Minister Raja Juli Antoni said the government is prepared to respond to any legal action. 'If there is a lawsuit, it is their right. We will be accountable for what we have done,' he told Kompas. He added that the tragedy served as a reminder for improvements in emergency readiness, saying authorities must upgrade evacuation equipment. Local officials said they are conducting a full review of the response to the incident, with plans to revise standard operating procedures, introduce a climber quota, enhance signage, and provide first-aid training for guides and porters at Mount Rinjani National Park.
Straits Times
05-07-2025
- Politics
- Straits Times
Brazil plans to take a legal action against Indonesia in the death of Mount Rinjani climber
Sign up now: Get ST's newsletters delivered to your inbox Acting West Nusa Tenggara Secretary Lalu Mohammad Faozal said authorities had done their best during the rescue process at Mount Rinjani's Cemara Nungal cliff. JAKARTA - The Brazilian government plans to take the death of its citizen Juliana Marins while climbing Mount Rinjani to a continental human rights body if the Indonesian government is found to have been negligent in providing aid. The Federal People's Defender Office (DPU) will take the case to the Inter-American Commission for Human Rights (IACHR) if the Indonesian government is found negligent.
Fashion Value Chain
30-06-2025
- Health
- Fashion Value Chain
Dr. D. Y. Patil Medical College, Hospital & Research Centre Makes History with India's First Bilateral Lung Transplant on a Serving Army Soldier
A 30-year-old serving Indian Army officer from Jammu & Kashmir, suffering from a rare and life-threatening lung condition, has been given a new lease on life after a successful bilateral lung transplant at Dr. D. Y. Patil Medical College, Hospital & Research Centre, Pimpri, Pune. This landmark surgery marks the first successful bilateral lung transplant in India performed on a serving Army soldier, reinforcing DPU's reputation as a centre for critical care excellence and advanced transplant science. Bilateral lung transplant performed on a serving Army soldier at Dr. D. Y. Patil Medical College, Hospital and Research Centre, Pimpri, Pune The officer was diagnosed with Pulmonary Langerhans Cell Histiocytosis (PLCH), a rare interstitial lung disease that led to progressive respiratory failure. As his condition worsened, he became completely oxygen-dependent and bed-bound. Following his referral from the Cardiothoracic Centre of Command Hospital, Pune, he was evaluated and registered for a transplant at Dr. D. Y. Patil Medical College, Hospital & Research Centre, Pimpri, Pune on 20th March 2025. On 14th April 2025, a complex 12-hour surgery was performed. The patient's recovery was remarkable – off oxygen within a week and discharged in just over two weeks, walking unaided and breathing freely. Hon'ble Dr. P. D. Patil, Chancellor, Dr. D. Y. Patil Vidyapeeth (Deemed to be University), Pimpri, Pune, said, 'This transplant reflects the strength of our healthcare ecosystem where advanced infrastructure, experienced clinicians and a deeply committed support team come together to make the extraordinary possible. We are proud that Dr. D. Y. Patil Medical College, Hospital & Research Centre, could support a serving soldier's journey to recovery with the highest standards of care. My heartfelt gratitude to every individual who played a role – from the transplant and rehabilitation teams to the coordinators, nursing staff and the authorities who made the green corridor possible.' Hon'ble Dr. (Mrs.) Bhagyashree P. Patil, Pro-Chancellor, Dr. D. Y. Patil Vidyapeeth (Deemed to be University), Pimpri, Pune, added, 'Every life we touch through our hospital is a reflection of our commitment to healing with purpose. Supporting a soldier's recovery through such a complex procedure speaks to the values we hold close – compassion, excellence and service to the nation. To care for someone who has served the country is a privilege we hold with deep respect. Dr. D. Y. Patil Medical College, Hospital & Research Centre stands as a centre of advanced care, where clinical excellence is matched by empathy and national responsibility.' Dr. Sandeep Attawar,Lead Transplant Surgeon, DPU Super Specialty Hospital, Pimpri, Pune, said, 'PLCH is a rare and complex disease. This transplant required clinical precision, coordination and above all, trust. Seeing the patient recover so rapidly is a result of every unit working in perfect sync.' Dr. Rahul Kendre, Transplant Pulmonologist, DPU Super Specialty Hospital, Pimpri, Pune, added, 'It was an honour to care for someone who has served the country. His determination, supported by strong teamwork and timely care, made this outcome possible.' Dr. Rekha Arcot, Dean, Dr. D.Y. Patil Medical College, Hospital & Research Centre, said, 'This life-saving lung transplant on a brave, serving officer of the Indian Army is more than just a medical milestone for us-it is a tribute to the spirit of service and sacrifice. We are deeply honoured to have played a role in giving a soldier a second chance at life. Our team's dedication is driven by a profound respect for those who serve our nation, and this successful transplant is a moment of pride, gratitude and hope for us all.' The Intensive Care Unit team, led by Dr. Prashant Sakhwalkar (Intensivist), ensured clinical stability and recovery, with support from Dr. Asir Tamboli, Dr. Swapnil, Dr. Sagar, Dr. Viren and Dr. Amey Sable. Physician Assistants Dr. Sangapriya, Dr. Pratiksha and Dr. Shifa provided daily clinical coordination between departments. Dr. Ranjith Joel and Dr. Ashok managed the patient's rehabilitation and physiotherapy, ensuring full functional recovery. The transplant was equally supported by an expert operations team. In the Operating Theatres, Sijo Rajan, Rijo Kuriakose, Rohini and Wamik facilitated organ retrieval and implantation across dual OT setups. Halimath, Vishal and Suneel managed organ perfusion and ECMO support, while Mr. Bagwat Patil, Bronchoscopic Technician, ensured smooth pre-operative diagnostics. The ICU nursing team – Ganesh Munde, Pooja, Preeti, Nayna, Vaishali, Sonali and Kavita played a central role from pre-operative care to discharge, providing vigilant, compassionate support. Transplant coordination including documentation, ZTCC compliance and clinical matching was expertly managed by Mr. Arun Ashokan and Ms. Vasanthi, who ensured timely execution of every step. Overseeing the full institutional framework and ensuring operational readiness was Dr. H. H. Chavan, Medical Superintendent, DPU Super Specialty Hospital, Pimpri, Pune. His guidance and oversight helped align medical, surgical and administrative teams with precision and purpose. The final and most time-sensitive part of this transplant – the transfer of donor lungs was executed with military precision. With approvals from the Zonal Transplant Coordination Centre (ZTCC), facilitated by Ms. Aarti, a green corridor was established for the organ to travel from Dombivli to Pune in under two hours. This mission was led by Mr. Pramod Patil, Administrative Head of DPU Super Specialty Hospital along with Mr. Parthasarathy Shanmugam, Administrative Head, Organ Transplantation and executed with the support of the Traffic Commissioners and the city traffic authorities across districts who ensured swift passage of the organ transport. Thanks to the exceptional teamwork, clinical expertise and visionary leadership at Dr. D. Y. Patil Medical College, Hospital & Research Centre, a serving soldier of the Indian Army now breathes freely and looks ahead to life with renewed strength and dignity. The hospital remains steadfast in its mission to advance transplant science and raise nationwide awareness about the life-saving impact of organ donation. Dr. D. Y. Patil Medical College, Hospital & Research Centre, Pimpri, Pune has successfully performed over 460 transplants including 32 bilateral lung transplants, 4 combined heart and lung transplants, 4 standalone heart transplants, and 1 combined heart and kidney transplant – reaffirming its position as a leader in the field of organ transplantation. About Dr. D. Y. Patil Medical College, Hospital &Research Centre, Pimpri, Pune Dr. D. Y. Patil Medical College, Hospital & Research Centre, Pimpri, Pune follows international benchmarks that are performance-driven as well as patient-centric, strongly backed by evidence-based medical expertise. We are NABH and NABL accredited and have been certified as a Green Hospital by the Association of Healthcare Providers India (AHPI). Additionally, we hold the 11th rank in the National Institutional Ranking Framework (NIRF). The university has been awarded A++ status by the National Assessment and Accreditation Council (NAAC) and is an ISO 2015 certified organization (ISO 9001: 2015). Facebook: Dr D Y Patil Medical College, Hospital and Research Centre Instagram:
Time Business News
20-06-2025
- Health
- Time Business News
Water Richmond VA: Everything You Need to Know About Your Local Water Supply and Services
Clean, reliable water is essential for everyday life—from drinking and cooking to cleaning and hygiene. For residents and businesses in the Virginia capital, water Richmond VA is a vital public service managed by professionals who ensure safety, efficiency, and sustainability every day. Whether you're new to the area, a long-time homeowner, or a business owner wanting better service knowledge, understanding how water services work in Richmond will help you stay informed and prepared. In this complete guide, we'll cover everything you need to know about water Richmond VA, including water quality, service options, billing, infrastructure, and conservation. You'll learn how your water is treated, where it comes from, and what you can do to make the most of this essential utility. Richmond's water system is managed by the Department of Public Utilities (DPU), which serves over 200,000 people across the city and nearby counties. The department treats and distributes millions of gallons of water each day, drawn mainly from the James River—a trusted, natural water source. Key features of the water Richmond VA system include: Over 1,200 miles of underground water pipes State-of-the-art treatment facility capable of processing 132 million gallons daily Constant quality monitoring to meet federal and state standards Integrated service for water, wastewater, and stormwater management This extensive infrastructure ensures residents receive safe, clean water for every use, whether at home, at school, or in businesses across the region. The primary source of water Richmond VA is the James River, one of Virginia's most important waterways. After collection, raw water is sent to the Richmond Water Treatment Plant, where it undergoes an advanced purification process. Steps in the treatment process include: Coagulation and flocculation : Adding chemicals that bind impurities together : Adding chemicals that bind impurities together Sedimentation : Allowing larger particles to settle : Allowing larger particles to settle Filtration : Removing smaller contaminants through sand and carbon filters : Removing smaller contaminants through sand and carbon filters Disinfection : Using chlorine and UV light to kill bacteria and viruses : Using chlorine and UV light to kill bacteria and viruses Fluoridation: Adding fluoride to promote dental health After treatment, water is pumped through a pressurized system of pipes, towers, and reservoirs to homes and businesses across the city. Yes, the water Richmond VA residents receive is safe to drink and consistently meets or exceeds EPA and state safety standards. The city's DPU conducts thousands of tests every year to check for contaminants, including lead, copper, chlorine byproducts, bacteria, nitrates, and pesticides. Each year, the city releases a Consumer Confidence Report (CCR) that outlines: Water sources and treatment methods Detected levels of contaminants (if any) Regulatory compliance with health standards Educational information for residents This report is available on the city's official utilities website and can be mailed to customers upon request. If you ever notice discoloration, odor, or taste changes in your tap water, it's recommended to call the DPU for an inspection. Setting up your water Richmond VA service is quick and simple. If you're moving into a new home or business, you'll need to contact Richmond DPU through their online portal, phone, or in-person customer service center. To start service, have the following ready: Your full name and contact information Address of the property Date you want service to begin Lease agreement or property deed (if applicable) Government-issued ID Possible deposit for first-time accounts Once your information is processed, the water service will be activated by your requested date. If you're transferring service within Richmond, the process is even faster. The water Richmond VA billing system uses a tiered structure to encourage conservation and manage costs. This means the more water you use, the more you pay per gallon. Monthly bills include charges for water usage, sewer treatment, and stormwater management. Here's a simple breakdown of how typical charges appear: Usage Tier (CCF per month) Water Rate (per CCF) Sewer Rate (per CCF) Stormwater Fee (monthly) 0–6 CCF $3.21 $4.95 $7.00 7–20 CCF $3.75 $4.95 $7.00 21+ CCF $4.50 $4.95 $7.00 Note: 1 CCF = 748 gallons of water You can pay your bill online, by mail, through auto-draft, or in person at a designated payment location. The city also offers budget billing and payment plans for qualifying customers. If you experience a leak, pressure loss, or strange water color, it's important to report the problem quickly to the city. Water Richmond VA emergency services operate 24/7 to ensure your supply is never compromised. Common issues to report include: Leaking water meters Broken pipes or hydrants Unusual water odor or taste Discolored water from taps Sewer backups or flooding You can call Richmond's 311 helpline or visit the city's official utility website to submit a request for service. The water Richmond VA system is designed to deliver high-quality water efficiently, but conservation is still important. Using water wisely helps reduce your bill and supports long-term environmental sustainability. Top conservation tips include: Turn off faucets when brushing teeth or shaving Use dishwashers and laundry machines with full loads only Fix leaking faucets and toilets promptly Install low-flow showerheads and aerators Water your lawn during early morning hours to reduce evaporation The city occasionally offers rebates or conservation kits for residents, so be sure to check the DPU website for current programs. The public water Richmond VA utility offers several advantages compared to private water services: Regulated pricing for fairness and affordability Local accountability and transparency Public health-focused safety standards Fast response to emergencies or service issues Community reinvestment through infrastructure improvements Richmond's water system is one of the most trusted in the region, with decades of consistent service and customer satisfaction. The city of Richmond is investing in its water infrastructure to meet the needs of a growing population and aging equipment. These upgrades ensure reliable service for future generations. Current and upcoming projects include: Lead service line replacements Smart meter installations Sewer overflow control enhancements Water main upgrades in older neighborhoods Sustainable rainwater management initiatives These investments show the city's commitment to maintaining a resilient and efficient water Richmond VA system for years to come. For all inquiries related to water Richmond VA, the Department of Public Utilities provides multiple contact options: Customer Service : (804) 646-4646 : (804) 646-4646 Emergency Repairs : (804) 646-7000 (24/7) : (804) 646-7000 (24/7) Website : : Mailing Address: City of Richmond DPU, 730 E. Broad Street, Richmond, VA 23219 You can also use the city's 311 system for non-emergency issues like billing questions, low pressure, or water quality concerns. The water Richmond VA utility offers more than just access to tap water—it provides peace of mind. With a high level of care, regular safety testing, responsive service, and a commitment to the community, Richmond's water system stands as a model of efficiency and public trust. Whether you're new to the area or just want to understand your water better, this guide should give you the knowledge you need to make smart, confident decisions. From starting service to saving water and managing your bill, water Richmond VA is designed to support you every step of the way. Reliable. Affordable. Safe. That's what you can expect when you turn on the tap in Richmond. TIME BUSINESS NEWS
