In Focus
Inflation hits three-year low in July
Inflation hits three-year low in July
Core inflation eased to 0.8% YoY mainly due to cheaper energy prices.
Faltering bike-share industry receives lifeline in SG Bike and Mobike tie-up
With 25,000 bikes set to be added to its fleet, SG Bike will soon hold the crown as the city’s largest bike-sharing operator.
Prime office rents up 0.9% in Q2
Co-working space operators drove net absorption.
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.
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