Singapore
Office prices climbed 0.9% in Q2: URA
Office prices climbed 0.9% in Q2: URA
Rentals of office space also rose 1.3% in the same period.
Mapletree Commercial Trust's NPI inched up 2.8% to $88.35m in Q1
All properties except Mapletree Anson performed strongly in terms of contributions.
ST Engineering secured $1.5b-worth of contracts in Q2
Its aerospace and electronics sector accounted for $809m and $702m, respectively. Engineering firm Singapore Technologies Engineering (ST Engineering), revealed that its aerospace and electronics sectors have secured new contracts with a combined value of about $1.5b for Q2.
Suntec REIT's NPI down 7.4% to $114.56m in H1
Sinking fund contribution for Suntec City Office’s upgrades worth $8m hit earnings.
Industrial property occupancy rates inched up 0.6 pp in Q2
Multiple-user factory spaces recorded a 1.2 pp increase in occupancy to 87.2%.
SATS launches virtual kitchen for in-flight catering production
It captures and integrates process data into a 3D virtual environment.
Singtel launches prepaid plan with medical insurance plan
The insurance enrollment process can be done through its hi!App or Singtel Dash app.
How will Capitaland Mall Trust see rental growth amidst incoming competition?
Its portfolio occupancy slipped slightly to 98.3% as at end-Q2 2019.
US dollar deposits accounted for a third of total bank deposits in March
USD deposits rose at a CAGR of 20% over the past nine years.
Chart of the Day: Singapore's medical device market value to hit $1.3b by 2023
Increased government expenditure will support the segment.
Daily Markets Briefing: STI up 0.38%
DBS led the gains amongst top active stocks with a 0.98% advance.
Daily Briefing: Cycle & Carriage begins car leasing in Singapore; Influencer commerce platform RAENA secures $1.82m in funding round
And AI-powered retinal diagnostics company Leben Care Technologies raises undisclosed amount from IP Ventures.
M1 and SUTD partner to develop 5G robotics technology
Its goal is to translate 5G for government and enterprise use.
Only two in five companies have a digital transformation plan in place: DBS survey
CFOs cite the breakneck pace of change as the top factor hindering digital adoption.
Three-fourths of Singaporeans willing to have their pay cut to enjoy holiday: study
More than 6 in 10 employees felt they were vacation-deprived in 2018.
Is Singapore ready for the rise of robots and automation?
It is true. Singapore is a smart nation. The Government continues to aggressively drive its digital agenda, ramping up in all areas. For example, the recently launched Digital Industry Singapore (DISG) Office will look to encourage public and private partnerships to help companies digitise more quickly in keeping up with the rapid pace of technical change.
First Sponsor Group profits rose 33.1% to $38.9m in H1
It was supported by the properties in China and the Netherlands.
Commentary
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