But only 8% have a formalised succession plan for their next generations.

And Woodleigh Residences sold 60% of released units at soft launch.

Delayed payments were most evident in the commerce-wholesale and transport/storage sectors.

Australia, South Korea, Taiwan and Japan led the pack thanks to their stable political and economic outlook and high disposable incomes.

Chan hopes to deepen SingCham and ESG's network to create opportunities in different parts of China.

This has been driven by slower household consumption during the period.

It will make a local currency bilateral swap agreement where both central banks can exchange up to $9.5b.

Singapore has already witnessed a slash in business investments amidst the looming trade wars.

It holds the shortest time to start a business at 0.5 days.

Singapore can improve by making property registration and electricity application easier.

Singapore is home to two in five, or 39%, of ASEAN fintechs according to UOB.

Banking is another vulnerable target.

Grab accounted for the largest deal in the region with a $2b raise.

All clusters contracted except for transport engineering and precision engineering clusters.

78% of AUM was sourced from outside in Singapore in 2017.

Prices of services grew, but they were not enough to offset the moderation in retail prices.

It can open up the scheme for non-permanent residents as well.

And a UK-based fintech firm eyes to link up with new instant payment schemes in Singapore and Hong Kong.

It could be hit by the escalating US-China trade wars paired with US Fed hikes.