Singapore Business Review

Daily Markets Briefing: STI down 0.47%; Jardine C&C is most active stock
Jardine Cycle & Carriage closed trading at 1.60% up.
Hospitality REITs to get a boost  from the normalisation of leisure and business travel 
The travel and tourism sector is expected to grow at a 10-year CAGR of 5% to US$15.5t in 2033.
Value of M&A deals drop 65% YoY in 9M23
The number of deals likewise declined.
FWA is still the most important non-monetary benefit for jobseekers
Randstad advised that firms should use tech to enhance talent insights.
H2G CEO to stay in his post for now whilst probe remains pending
SGX-listed H2G CEO and executive director Lim Shao-Lin has not been charged.
Elderly Singaporeans pushing for higher retirement age
The seniors also showed support for a re-employment age of 68 years old and higher.
JTC launches new site under IGLS Programme
It has a site area of 0.63 hectares.
HDB rents up 20.8% in August
The rents of HDB flats are expected to consolidate for the rest of 2023.
New launches dampen condo rent volumes in August
Compared on a monthly basis, condo rents will decline in the following months, analysts said.
SG, China ink 3 MoUs on maritime collaboration 
One of the MoUs will explore the use of zero or near-zero-emission marine fuels.
Coffee chain startup Kenangan Coffee marks Singapore debut
The brand achieved unicorn status in 2022.
SGX orders Boustead Projects to delist
The company failed to restore its public float to at least 10%.
Manufacturing output dips 10.5% MoM in August
Excluding the biomedical manufacturing segment, the output would’ve fallen by 16.6% MoM. 

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Exclusives

Exclusives

Telecom & Internet Why Singapore’s 3G phaseout is a double-edged sword
Singapore will shut down its 3G services by 31 July 2024.
Building & Engineering H&M makes fashion statement with sustainable facade at revamped Orchard store
The company used ‘i-Mesh’ fabric as the store’s facade, marking a first in Southeast Asia.
Healthcare Startups focusing on ‘continuity of care’ flourish in SG’s booming health tech sector
Life sciences expert says fragmented data remains a challenge for many healthcare institutions and an opportunity for tech startups.
Hotels & Tourism Singapore floats plans for new businesses in river precinct
The precinct’s placemaker aims to boost footfall with more immersive activities for all.
HR & Education Data-backed strategies needed in workplace setup decisions: expert
A human resources expert advised using data and listening to employees when deciding on workplace schemes.
Financial Services DPT service providers face higher costs under MAS’ investor protection measures
MAS has required all providers to hold customers’ money and assets in a trust.
Markets & Investing Will Singapore’s equity capital markets sustain its growth in 2H23?
In 1H23, equity capital raisings by Singaporean firms totalled US$2.6b.

Top News

Daily Markets Briefing: STI down 0.47%; Jardine C&C is most active stock
Jardine Cycle & Carriage closed trading at 1.60% up.
Hospitality REITs to get a boost  from the normalisation of leisure and business travel 
The travel and tourism sector is expected to grow at a 10-year CAGR of 5% to US$15.5t in 2033.
Value of M&A deals drop 65% YoY in 9M23
The number of deals likewise declined.
FWA is still the most important non-monetary benefit for jobseekers
Randstad advised that firms should use tech to enhance talent insights.
H2G CEO to stay in his post for now whilst probe remains pending
SGX-listed H2G CEO and executive director Lim Shao-Lin has not been charged.
Elderly Singaporeans pushing for higher retirement age
The seniors also showed support for a re-employment age of 68 years old and higher.
JTC launches new site under IGLS Programme
It has a site area of 0.63 hectares.
HDB rents up 20.8% in August
The rents of HDB flats are expected to consolidate for the rest of 2023.
New launches dampen condo rent volumes in August
Compared on a monthly basis, condo rents will decline in the following months, analysts said.
SG, China ink 3 MoUs on maritime collaboration 
One of the MoUs will explore the use of zero or near-zero-emission marine fuels.
Coffee chain startup Kenangan Coffee marks Singapore debut
The brand achieved unicorn status in 2022.
SGX orders Boustead Projects to delist
The company failed to restore its public float to at least 10%.
Manufacturing output dips 10.5% MoM in August
Excluding the biomedical manufacturing segment, the output would’ve fallen by 16.6% MoM. 

Exclusives

Telecom & Internet Why Singapore’s 3G phaseout is a double-edged sword
Singapore will shut down its 3G services by 31 July 2024.
Building & Engineering H&M makes fashion statement with sustainable facade at revamped Orchard store
The company used ‘i-Mesh’ fabric as the store’s facade, marking a first in Southeast Asia.
Healthcare Startups focusing on ‘continuity of care’ flourish in SG’s booming health tech sector
Life sciences expert says fragmented data remains a challenge for many healthcare institutions and an opportunity for tech startups.
Hotels & Tourism Singapore floats plans for new businesses in river precinct
The precinct’s placemaker aims to boost footfall with more immersive activities for all.
HR & Education Data-backed strategies needed in workplace setup decisions: expert
A human resources expert advised using data and listening to employees when deciding on workplace schemes.
Financial Services DPT service providers face higher costs under MAS’ investor protection measures
MAS has required all providers to hold customers’ money and assets in a trust.
Markets & Investing Will Singapore’s equity capital markets sustain its growth in 2H23?
In 1H23, equity capital raisings by Singaporean firms totalled US$2.6b.

Join the Singapore Business Review community