Singapore

Chart of the Day: SG Bitcoin price predictions

Chart of the Day: SG Bitcoin price predictions

This chart from the inaugural Independent Reserve Cryptocurrency Index shows that more than 50% of Singaporeans believe Bitcoin’s value will increase past $50,000 in 2030.

Industrial production rockets with 27.5% growth

This is the highest industrial growth recorded since November 2010.

Data Compliance and Data Governance are imperative for Singapore's public sector

For the past years, Singapore has witnessed a significant increase in cybersecurity challenges. The threats and attacks in public agencies and private institutions caused a tremendous impact on the country’s data and security landscape. The call for better regulations in data governance, compliance, and security guardrails has elevated further the pandemic. The virtualised environment translates to an open playing field for potential cybersecurity threats.

Ascott Residence Trust distributable income rose 96% to S$63.8m in H1

This included one-off partial distribution of divestment gains of S$20m.

Mapletree NPI rose 14.3% to S$78.3m in Q1 FY21/22

This is attributed to the lower rental reliefs to retail tenants at Festival Walk and higher average occupancy from IXINAL Monzen-nakacho Building.

Tripartite committee formed to review workplace fairness: MoM

The Tripartite Committee on Workplace Fairness targets to complete its work by H1 2022.

Tripartite committee formed to review workplace fairness: MoM

The Tripartite Committee on Workplace Fairness targets to complete its work by H1 2022.

Luxury home sales break 11-year sales record amidst heightened alert

A total of 811 condos were sold in the last quarter, the highest since Q4 2010.

Keppel secures US$600m separately managed accounts

The SMAs are focused on global infrastructure projects.

Keppel DC REIT net property income up 8.4% for 1H2021

The company said their income was driven by its latest acquisitions.

Gov’t shells out $2b to extend support amidst reimplemented P2(HA)

The Jobs Support Scheme has been extended to 18 August.

DBS provides S$6.2b collateral-free loans to SMEs amidst pandemic

The bank is now allowing small- and medium-sized enterprises to avail the loan digitally.

June CPI remains elevated at 2.4% YoY

MAS upgraded its 2021 official headline CPI from 0.5%-1.5% YoY to 1%-2% YoY.

Core inflation eased to 0.6% in June

Inflation for all items meanwhile remained unchanged at 2.4% YoY.

Xero, UOB to allow SMEs access to digital accounting platform

SMEs that qualify for the UOB Start digital pack will be offered six months of free access.

SIA Engineering profit climbs 35% to $14.5m in Q1

This was supported by grants extended by the government, such as the Jobs Support Scheme.