Daily Briefing: Singapore booted out of top 5 in real estate prospects; GrabTaxi, Hailo go legit

And here’s how Singapore wants business trippers to have fun.

Japan and Australia remain the favourite countries for real estate development and investment, according to the Emerging Trends in Real Estate Asia Pacific 2016 forecast jointly published by the Urban Land Institute (ULI) and PwC. Tokyo, Sydney, Melbourne and Osaka took four of the top five spots for promising markets in the Asia Pacific. Ho Chi Minh City was rated fifth. Read more here.

Taxi-hailing apps GrabTaxi and Hailo are now legit with the Singapore government. Well, not that they weren’t before, but now they have been granted a certificate of registration to operate a third-party taxi-booking mobile app in the city state. Find out more here.

The lone business traveler has a typically sad routine: finish with meetings, head back to the hotel, fire up the laptop, and work while ordering room service. The tourism chief of Lonely Planet’s number one destination says the challenge is getting them out to spend more. Read more here.