In Focus
Singapore defies real estate investment decline as Q2 transactions hit $4.02b
Standout deals include the purchase of Fraser Tower for $990.63m and Marina Square Shopping Mall for $487.4m.
Private project launches up 23.1% in Q2
Eight projects came from the Rest of Central Region.
Delistings drag on Singapore's recovering IPO market
There are about 14 companies undergoing privatisation in 2019.
Could the Singapore CBD be revitalised like Sydney's?
Robust net absorption and growing rents paint a positive outlook for the sector.
Fintech funding nearly quadrupled to US$453m in first six months of 2019
The number of deals surged 55% to 48.
Why new insurers are growing rapidly in Singapore despite low-cost offerings
The market share of FWD and Budget Direct, which both entered the market in 2016, have grown 2,704% and 7,400% respectively.
MTI downgrades 2019 GDP growth forecast to 0.0-1.0%
The economy grew by just 0.1% in Q2.
Maybank Singapore's strategy to drive wealth management costs down
The bank is enhancing its digital capabilities beyond portfolio reviews to support a growing number of online transactions.
Here's how firms spend their #insta budgets
Instagram-focused budgets are something that wasn't seen one or two years ago, said marketers.
Landlords cash in on Singapore's coworking boom
Landlord-operated brands include csuites by Lendlease which occupies 72,000 sqft, whilst Guoco Midtown will set aside up to 97,500 sqft of their NLA for flexible spaces.
SGX daily average value down 8% to $1.1b in July
The turnover value of ETFs also dropped to $189m.
Retail sales down 8.9% to $3.5b in June
Motor vehicles industry sales led the decline.
Banks face risk of rising credit costs as bad assets mount
Net new NPA formation for all three banks rose in Q2, higher than FY18 quarterly averages.
Ultra-rich foreigners scramble for luxury homes in Singapore
The purchase of two luxury homes by British billionaire James Dyson may just be a sign of more big-ticket purchases to come.
Flextime, unlimited vacation days on the cards amidst sluggish salary growth
Technology firms are scrambling to upgrade their perks programmes to include parental leaves, free meals, and hiring package upgrades, consequently becoming companies of choice for half of candidates.
Bitcoin bother puts crypto platform on trial
Singapore International Commercial Court decided that cryptocurrencies are properties traded with trust.
Commentary
Singapore's hiring slowdown: A call for data-driven resilience
When it comes to AI, there is no such thing as too many chefs
The agility trap: Why most Singaporean businesses are structured for stability, not speed
Building a Southern Malaysia supply chain ecosystem for Singapore’s advanced manufacturing
Failed talks, rising costs: Why Singapore still feels the shock of Middle East tensions
How Singapore consumer brands can build strong supply chains amidst rising input costs
Singapore’s AI ambitions will rise or fall on infrastructure
Why a clear digital roadmap is essential for business success
Singapore’s port model is under pressure as shipping disruptions reshape trade