Singapore Business Review

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Hotel occupancy flat at 82%YoY in first nine months
Hotel occupancy flat at 82%YoY in first nine months
The Average Room Rate stood at $269.31, marking a year-on-year decrease of 3.2%.
OCBC net profit holds steady at $1.98b in Q3
OCBC net profit holds steady at $1.98b in Q3
Quarter-on-quarter, net profit was up 9% from $1.82b.
Singapore ranks second globally in data centre construction costs
Singapore ranks second globally in data centre construction costs
Despite this, the report said Singapore remains a resilient and attractive destination for data centre investment.
Singapore firms cite skills gap as key barrier to AI growth
Singapore firms cite skills gap as key barrier to AI growth
Around 65% of AI adopters are still focused on basic use cases such as chatbots, analytics, or process automation.

Exclusives

Food & Beverage Can AI vending kitchens help Singapore’s restaurants survive soaring costs?
The government is looking into developing 'automated kitchens'
Food & Beverage What to know about SaladStop!’s new AI assistant, Lulu
It will debut in Singapore in November before its global launch.
Energy & Offshore Tuas Power to complete Singapore’s first 100% biomass conversion by 2028
The landmark project will cut one million tonnes of carbon emissions annually.
Commercial Property Investors told to convert existing buildings as co-living demand rises
This could ease high fit-out and construction costs.
Banks see sharp drop in cheque use ahead of phaseout
More people are using e-payment solutions such as PayNow and FAST.
Financial Services ShopBack eyes global expansion, taps gaming for growth
The US will be a key focus in the coming years.
Energy & Offshore Verta Bioenergy to boost biomass output to meet surging demand
It has received early orders from major Philippine companies.

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