Singapore
Daily Briefing: Luxury apartment sales hit 11-year high in January-August; Advance.AI raises $80m in series C round
Daily Briefing: Luxury apartment sales hit 11-year high in January-August; Advance.AI raises $80m in series C round
And Mitsubishi may slash its earnings forecast after US$320m loss by a rogue oil trader.
Singapore mutual funds rated below-average over high fees
Majority of funds charge high front loads and trail commissions.
Chart of the Day: Foreigners snapped up 249 condos in Q2
This marked the first quarterly increase since July 2018.
Daily Markets Briefing: STI up 0.03%
DBS led the gains after its stock grew 0.6%.
SEA economic growth to slow to 4.5% in 2019
Regional GDP growth already cooled to 4% in the first half of the year.
CapitaLand Group stocks' average total return hit 28.2% YTD to outpace global peers
The eight stocks collectively averaged a 3.3% total return in the current quarter.
UOB unveils branch in Guangdong
It will provide cash management and foreign direct investment advisory services.
SingPost may steer clear of large acquisitions after closing painful US e-commerce chapter
Capex could potentially moderate from FY2020 onwards.
MPA inks maritime deal with Panama
They will also cooperate on port state control inspections.
Employer medical benefit costs may rise 10% in 2020
This is tipped to outgrow the average general inflation rate of 1.4%.
Unsold inventory may support property sales amidst weakening take-up rates
There was unsold inventory of about 34,413 units by the end of Q2.
Digital performance issues cost companies $4.19m in 2019
Organisations have suffered an average of five IT outages for the past year.
Singapore remains fourth best financial centre worldwide
However, Shanghai may usurp its spot after it narrowed the gap to a single point.
Hyflux applies to extend debt moratorium for two more months
Applications are expected to be heard on 30 September.
Chart of the Day: Rental gap between suburbs and central narrows in Q2
From around 11.3% in Q1 2015, the gap has narrowed to roughly 1.9% in Q2 2019.
Daily Briefing: Carro invests $41.32m in Malaysian car bidding platform; Government mulls setting fixed price for GSW public housing
And Grand Prix organisers are stocking up on face masks against haze.
Daily Markets Briefing: STI down 0.25%
UOB saw the sharpest decline amongst top active stocks with a 0.77% fall.
Read Here
Advertise
Sign Up
Commentary
Why Singapore SMEs cannot wait for quantum cyber risk to arrive before securing data
Is Singapore's emphasis on long-term security and stability hindering purpose-driven employees?
When Singapore's agentic AI ‘chefs’ arrive, will the kitchen be ready for them?
What Singapore’s app store rules reveal about the future of online trust
Faster hiring alone will not fix construction’s productivity problem
Beyond policy: How Singapore's service sector can win at the frontline
Solving the production problem behind Singapore’s ‘pilot purgatory’
Transformation without disruption: Your Existing ERP is an accelerant to business innovation
From Singapore to Southeast Asia: Thriving in innovation by knowing when to pause
Section 13O, MAS, and the digital footprint of Singapore Family Offices