Singapore
APAC real estate transactions hit record-high US$86b in H1: report
APAC real estate transactions hit record-high US$86b in H1: report
Property investment in Singapore doubled, with the office sector hauling in $6.37b in investments.
Tech upstarts woo locals as retail banking customer satisfaction falls
65% are interested in opening digital bank accounts, up from 52% in the previous year.
South Asia GDP may moderate to 5.1% in FY2019-20
Ongoing security concerns may hinder growth, but infra spending could provide support.
Charting the rise of wine investment in APAC
Investing in fine wine can help in hedging inflation risk.
Perennial Real Estate Holdings Q2 profits down 74.9% to $2.17m
However, revenue surged 52.4% thanks to contributions from Capitol Singapore and its hospital in China.
HSBC Singapore rolls out mortgage for Australian homes
It will initially be available to properties in Sydney, Melbourne, Brisbane, Perth, and Adelaide.
StarHub profits down 36.1% to $39.5m in Q2
Lower revenues from mobile, pay TV, broadband, and equipment sales hit earnings.
Singapore hit by farm-to-market food losses worth $2.54b
393,000 tonnes of food loss occurs during upstream and midstream from imported foods and local farms.
SGX and India's NSE receive greenlight to set up joint financial center
The NSE IFSC-SGX Connect aims to launch before end-2020.
New business premiums in life insurance down 2% to $1.97b in H1
The decline in single premium policies dragged half-year figures.
OUE H-Trust NPI dips 4.5% to $25.3m in Q2
Quarterly income was hit by a weaker hospitality business and high vacancies in prime retail malls.
CapitaLand profits down 5.3% to $875.4m in H1
Home sales in its core markets of Singapore and China declined.
Chart of the Day: Life insurance industry workforce hits 8,282 in H1
The number of tied representatives also fell to 15,117.
Daily Briefing: Medtech startup DocDoc raises $17.7m in funding round; Over 20,000 locals booked HDB flats under Single Singapore Citizen Scheme
And Shell is mulling the installation of solar panels for its Bukom refining site.
Daily Markets Briefing: STI down 0.75%
Singtel led the gains with a 3.03% increase.
6.6 million of global international arrivals came from Singapore in 2018: report
Singaporean travellers contributed $8.43b to total travel expenditure worldwide.
Genting Singapore may shell out $1b in FY2019 capex: analyst
The firm is likely to incur $250m per quarter for land acquisition alone.
Commentary
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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