In Focus

RevPAR for luxury hotels grew 3.3% YoY to $185 for 5M19.

About 43% of fintechs in Southeast Asia choose Singapore as their home as growth prospects in the city strengthen.

Despite only holding less than 7% grocery market share in 2017, RedMart and FairPrice will dominate the market in few years time.

It also has some points it can improve on, according to global policy experts.

By then, the country’s infrastructure gap is tipped to hit US$400m compared to the global gap of $19t.

However, the tech upstarts hardly pose a challenge to the Big Three.

There are 141 such players located across Singapore.

Over 10 companies that have been privatised or in the process of being bought out YTD.

Heavyweight office deals accounted for 47.1% of overall sales.

The sector accounted for almost half of the US$36.16b raised since 2009.

It partnered with the Singapore Institute of Retail Studies to train SMEs in cross-border trade.

The five licenses are split into two full digital and three wholesale.

Tightening vacancy and strong absorption drove rents up to $154.84 psf.

A cup of coffee in Singapore costs about $6.77, compared to a $9.48 cup of coffee in Hong Kong. Although Singapore moved one notch in the world's costliest cities for expats, the city still trails behind Hong Kong which holds the distinction as the world's priciest, according to Mercer's annual cost of living survey. Singapore also trails behind Tokyo which occupies second place. The high cost of living in Singapore was fueled by sustained demand for quality housing and rising affluence.

There were 8.7 million sqft of supply in Raffles Place/New Downtown.

Newcomers still have to create significantly large funding and capital bases to contend with incumbents.