Singapore
Chart of the day: Visitor arrivals growth slows to 2% in January-February
Chart of the day: Visitor arrivals growth slows to 2% in January-February
Arrivals from China and the ASEAN region moderated.
New home sales ballooned 131.6% to 1,054 units in March
Ongoing projects like The Tre ver, Riverfront Residences and Parc Bottania saw strong market take-up.
4 in 5 users willing to shell out 10% more in co-living facilities
Expats with cash to burn are primarily driving demand for co-living set-ups.
Singtel's diluted stake in Bharti Airtel could boost associate contributions by 14% over 2020
Bharti Airtel witnessed its revenues decline by nearly $2.57b over FY2016-2018.
SIA and Garuda Indonesia expand codeshare agreement to Singapore-Jakarta routes
The carriers have already been codesharing for Singapore-Bali and Singapore-Surabaya flights.
Retail sales slipped 10% in February 2019 to $3.3b
The early CNY celebration weighed on sales.
Over half of large firms to move their finance systems to the cloud: survey
Respondents also noted that CFOs should expand their roles beyond finance into risk management and cyber security.
ST Engineering gets green light from US to buy MRAS
The acquisition is set to close in the week beginning 15 April.
Surbana Jurong further subscribes to $300m of Changi Airports' bonds
This follows after the firm first subscribed for $500m bonds of Changi Airports.
CIMB Singapore unveils pet insurance for dogs and cats
Policy plans start at $74.90 per year.
UIC increases stake in Marina Centre Holdings for $485m
The company will be buying 10% of MCH’s shares from OUE, 10.27% from Finnegan and 4% from Mackmoor.
1 in 3 firms have no plans to adopt machine learning: poll
Almost half cited cost as a barrier.
Singapore's mobile payments growth hits 46% in 2019
It lags behind Vietnam in terms of growth rate.
Daily Markets Briefing: STI up 0.03%
Expect muted gains today.
Daily Briefing: NUS Enterprise and MPA to invest over $600,000 in 13 maritime startups; E-scooter firm Lime to set up Singapore HQ
And predictive analytics provider AIDA Technologies clinches series A funding from Mastercard and SGInnovate.
Chart of the Day: Firms with deteriorating risk standing hit 21.36% in 2018
This represents a visible increase from just 15.13% in 2017.
Singapore's weakening economy to bounce back in Q2
A stable currency and sustained spending will prop up the slowing economy.
Commentary
‘Tokenmaxxing’ – The wrong AI race to run in Singapore
To outsmart modern fraud, we must first know the enemy
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