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    Home»Business»CapitaLand Investment’s retrenchments: be careful with slashing jobs when a business is doing fine
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    CapitaLand Investment’s retrenchments: be careful with slashing jobs when a business is doing fine

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    No employer provides an iron rice bowl, but there is value in a company being loyal to employees 

    [SINGAPORE] Global real asset manager CapitaLand Investment (CLI) posted a robust set of results for the first half. 

    Driven by higher fee income from its listed and private fund management platforms, operating profit after tax and minority interests grew 13 per cent year on year (yoy) to S$293 million.

    Together with portfolio gains from asset recycling, net profit attributable to shareholders climbed 14 per cent yoy to S$327 million. 

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