Singapore
Singapore's secret to good data management
Singapore's secret to good data management
As the commercial rollout of 5G begins in earnest this year, connectivity will undoubtedly increase, with more than 80% of residents owning a smartphone, and internet users spending more than three hours per day on mobile devices. The volume of data produced will also continue to escalate. These devices continually generate masses of transactional, demographic and behavioural data, which – if gathered and used correctly – can be harnessed by businesses to generate insight, get to know consumers, and deliver an enhanced customer experience.
Shoring up brand reputation against COVID-19 turbulence
Brand safety in digital advertising tends to be driven by big businesses, with 80% of agencies reporting that global brands prioritise brand safety more than their regional or local counterparts, according to IAB SEA+India research.
The makings of a hyper-connected Singapore
As 5G moves from concept to commercial reality for Singapore in 2020, a new world of possibilities will open up. Thanks to this next generation of mobile connectivity, artificial intelligence (AI) will soon be able to permeate more broadly than ever before and bring visions of truly smart critical infrastructure, connected cars and more to life.
UOB's net profit down 19% to $855m in Q1
Total impairment charges skyrocketed 96% to $286m.
OUE C-REIT's NPI up 42.5% to $62.08m in Q1
Mandarin Gallery, Mandarin Orchard Singapore and Crowne Plaza Changi Airport boosted NPI.
Daily Briefing: Singapore to ramp up factory activities as virus curbs ease; MCI, IMDA working with telcos to boost network capacity and internet connection
And d:tribe invests in Australian AI startup Shelfie.
Daily Markets Briefing: STI up 0.34%
DBS led the gains amongst top active stocks with a 0.66% expansion.
Big three banks' impaired loans ratio to rise to 2.5% in 2021
The pandemic’s full brunt won’t set in until later in 2020.
Chart of the Day: Occupancy of homes in OCR rose to 95.9% in Q1
It posted the highest occupancy rate amongst regions.
Retail sales down 13.3% to $3.3b in March
Declines in retail industries selling discretionary items have widened.
Logistics company Ninja Van bags $394.73m in series D round
B Capital Group, Monk's Hill Ventures and Grab participated in the round.
UOB extends $4b in loans to mid-sized enterprises
The bank also tapped MAS SGD Facility to help clients access funds at lower interest rates.
Olam breaks off $156m deal on US onion and garlic facility
Mesirow has been unable to secure the required debt and equity financing.
Insurance regulators extend COVID-19 coverage to CCF, CRF patients
Patients may claim hospital cash benefits for a maximum of 14 days.
Great Singapore Sale 2020 cancelled amidst pandemic
It was originally planned to be held from 29 May to 28 June.
ARA, JL family office acquire majority stake in crowdfunding platform
This marks ARA’s foray into the fintech scene.
Sasseur REIT's first-day spring sales skyrocketed 411% from reopening
Chongqing nabbed the largest share of the first-day spring sales at $5.16m.
Commentary
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Section 13O, MAS, and the digital footprint of Singapore Family Offices