Singapore

How Shimizu Corporation plans to give Singapore more space by the sea

Its floating city project, Green Float, can house up to 50,000 people.

Chart of the day: CBD rents to rise up to 9% in 2019

Islandwide occupancy rate increased from 92.4% in Q4 2018 to 93.5% in Q1.

AI startup AIQ inks deal with Russian media firms

It will provide computer vision and video recognition to Publicis Media Russia’s portfolio.

Scoot to suspend flights to four cities

It cited weak demand and a shortage of aircraft resources.

48,259 SMEs exited the market in 2017: study

The wholesale trade sector led cessations with 8,007 entities exiting the market.

Ascendas REIT's NPI up 3.2% to $649.58m in FY2018/2019

Its UK and Australia properties boosted income.

NETS inks deal with Myanmar Payment Union

The parties will co-develop a QR payment platform in Myanmar.

Frasers Logistics & Industrial Trust NPI jumped 43.3% to $45.97m in Q2

Earnings were bolstered by its 2018 and 2019 acquisitions in Europe and Australia.

Singapore's appetite for foreign hires is diminishing in 2019

Jobseekers are urged to upskill as HR departments become pressured to employ local staff.

IPOS cuts patenting process time for AI inventions

Application-to-grant processes will be trimmed to six months from the typical period of two years.

Quarz Capital urges merger between Ascendas Hospitality Trust and Ascott Residence Trust

The merger is said to bring an asset base and market cap exceeding $6.6b and $3.6b, respectively.

Cache Logistics Trust's NPI jumped 4% to $23.77m in Q1

Its nine properties in Australia and the conversion of CWT Commodity Hub's lease structure led revenue increases.

No Signboard under investigation by CAD

This follows after its CEO conducted an abortive share buyback.

DBS removes OTPs in digital token for corporate customers

The upgraded digital token will be available in Asia starting May 2019.