In Focus
Singapore trails behind China and Saudi Arabia in AI healthcare adoption
Singapore trails behind China and Saudi Arabia in AI healthcare adoption
Less than a third of Singaporeans have access to their digital health records.
One in 10 firms forecast 0-5% revenue declines in 2019
Only 37% of businesses expect moderate growth between 5-15%.
Singapore overtakes Hong Kong in cross-border commercial property investments in Q1
Investment from the city rose 23% to US$21.8b in the 12 months to Q1 2019.
Luxury homes buck residential sales decline in May
Sales have come to a relative standstill, with the exception of homes priced above $2,000 psf.
Industrial property sales jumped 27.6% to $1.3b in Q1
Major transactions include factories in Tuas South Avenue and Banyan Drive being sold for $585m and $227.5m, respectively.
Singapore's 2019 GDP growth forecast cut to 2.1%: MAS survey
The manufacturing as well as wholesale and retail trade sectors are tipped to contract 0.2% and 0.3% respectively.
Businesses still bearish for Q3 2019
The business optimism index fell from +10.58ppt to +6.91ppt over a year.
Singapore trails Hong Kong, Japan in ease of doing business
It ranks sixth in Asia as the burden of additional compliance requirements pull Singapore down.
Singapore beats Hong Kong as Asia's top treasury location
More multinationals still prefer the Lion City with 4,200 regional headquarters based in Singapore, the largest in APAC.
Residential unit sales up 0.1% in Q1 as luxury home transactions drive gains
Market launches in the core central region hit a five-year high at 363 units.
Food factories are eating up Singapore's industrial space
Over 630,000 sqft of food factory space came on-stream in 2019 YTD.
Dividend yields of companies linked to Asia's wealthiest family empires outpace benchmark STI
Their dividend yields hover between 7.1-7.7% compared to 4% for the STI.
LTA mulls rail link between north and northeast Singapore
The Land Transport Master Plan 2040 also unveils plans to extend the Downtown and Thomson-East Coast Lines.
How is Singapore bringing life back into dying industrial buildings?
habitat by honestbee which incorporates retail operations in an industrial setting is a key example.
How Singapore is bringing the legal industry into the digital age
Legaltech innovations are now moving beyond document generation solutions towards blockchain application.
Singapore's medical tourism ambitions falter as Malaysia steps up
Malaysia offers more competitive surgery costs with a heart bypass costing just US$14,000 compared to US$23,000 in Singapore.
MTI downgrades Singapore's 2019 GDP forecast to 1.5-2.5% amidst weakening outlook
Growth in the manufacturing, wholesale trade, transportation and storage sectors will likely be subdued.
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