Singapore Business Review

Singapore is 5th most expensive location for expatriates
The Lion City jumped eight places in ECA’s cost of living rankings.
Yanlord Land presales up fivefold in May
Total contracted presales for the first five months of 2023 is 1.9% lower, however.
Singapore unveils plans for quantum-safe network infrastructure
Singtel, and a SPTel and SpeQtral partnership, have submitted proposals to become network operators.
Daily Markets Briefing: STI up by 0.03%; Keppel DC REIT is top stock
Keppel DC REIT was the most active stock as it posted a 1.47% increase.
P&C insurer puts up aviation hub in Singapore
Newly appointed Alastair Stuart will be the hub’s practice leader.
Prime ground floor retail units at Peninsula Plaza for sale: CBRE
The expression of interest for the three retail units will close on 11 July at 3 pm.
Centurion to withdraw listing from HKEX
The company will retain its primary listing on the SGX.
Three adjacent strata office units at SBF Center for sale
The prices of the units range from $2.25m to $2.44m.
Sembcorp, Indonesia ink new gas deal
The Gas Sales Agreement seeks to import natural gas, worth S$1.9b. 
Digital Core REIT warns of lower DPU following US bankruptcy filing of 2nd-largest tenant
Digital Realty represents 22.4% of the REIT annualised rental revenue.
F&B sales growth eases to 15.1% in April
In March, F&B sales grew 17.7% YoY.
Retail sales climb 3.6% YoY in April
Excluding motor vehicles, retail sales would have grown by 4.2% YoY.

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Exclusives

Exclusives

HR & Education Times call for sustainability agenda integration into businesses’ culture, purpose
Experts contribute 4 key board responsibilities to escape the risk of greenwashing.
Information Technology 7 generative AI strategies for in-store management without replacing humans
Marketing  and e-commerce specialists said generative AI can be used as a chatbot and trainer for store managers, and businesses that do not have the tech will fall behind.
Commercial Property Developers face new requirements as Singapore safeguards property market from AML/TF activities
SG rolls out new anti-money laundering and terrorism financing requirements for developers that take effect on 28 June.
Residential Property Expert warns of higher cost of doing business in Singapore because of ABSD rate hike
Government raised the ABSD rate for foreigners buying properties in Singapore from 30% to 60%.
Residential Property Ohmyhome eyes sector and market expansion post-Nasdaq debut
CEO Rhonda Wong brings properties vision ‘to be there for everyone’ from SG to the world.
Financial Services Pilon works to address gaps in businesses’ cash flow
Imagine a platform that enables immediate payment for suppliers and extended terms for buyers.
Agribusiness Agribusiness GAR’s golden strategy combats supply chain issues
The palm oil firm stayed resilient by building its logistics capabilities. 

Top News

Singapore is 5th most expensive location for expatriates
The Lion City jumped eight places in ECA’s cost of living rankings.
Yanlord Land presales up fivefold in May
Total contracted presales for the first five months of 2023 is 1.9% lower, however.
Singapore unveils plans for quantum-safe network infrastructure
Singtel, and a SPTel and SpeQtral partnership, have submitted proposals to become network operators.
Daily Markets Briefing: STI up by 0.03%; Keppel DC REIT is top stock
Keppel DC REIT was the most active stock as it posted a 1.47% increase.
P&C insurer puts up aviation hub in Singapore
Newly appointed Alastair Stuart will be the hub’s practice leader.
Prime ground floor retail units at Peninsula Plaza for sale: CBRE
The expression of interest for the three retail units will close on 11 July at 3 pm.
Centurion to withdraw listing from HKEX
The company will retain its primary listing on the SGX.
Three adjacent strata office units at SBF Center for sale
The prices of the units range from $2.25m to $2.44m.
Sembcorp, Indonesia ink new gas deal
The Gas Sales Agreement seeks to import natural gas, worth S$1.9b. 
Digital Core REIT warns of lower DPU following US bankruptcy filing of 2nd-largest tenant
Digital Realty represents 22.4% of the REIT annualised rental revenue.
F&B sales growth eases to 15.1% in April
In March, F&B sales grew 17.7% YoY.
Retail sales climb 3.6% YoY in April
Excluding motor vehicles, retail sales would have grown by 4.2% YoY.

Exclusives

HR & Education Times call for sustainability agenda integration into businesses’ culture, purpose
Experts contribute 4 key board responsibilities to escape the risk of greenwashing.
Information Technology 7 generative AI strategies for in-store management without replacing humans
Marketing  and e-commerce specialists said generative AI can be used as a chatbot and trainer for store managers, and businesses that do not have the tech will fall behind.
Commercial Property Developers face new requirements as Singapore safeguards property market from AML/TF activities
SG rolls out new anti-money laundering and terrorism financing requirements for developers that take effect on 28 June.
Residential Property Expert warns of higher cost of doing business in Singapore because of ABSD rate hike
Government raised the ABSD rate for foreigners buying properties in Singapore from 30% to 60%.
Residential Property Ohmyhome eyes sector and market expansion post-Nasdaq debut
CEO Rhonda Wong brings properties vision ‘to be there for everyone’ from SG to the world.
Financial Services Pilon works to address gaps in businesses’ cash flow
Imagine a platform that enables immediate payment for suppliers and extended terms for buyers.
Agribusiness Agribusiness GAR’s golden strategy combats supply chain issues
The palm oil firm stayed resilient by building its logistics capabilities. 

Join the Singapore Business Review community