Singapore
New private home sales rebound 146% in November to 1,198 units sold
New private home sales rebound 146% in November to 1,198 units sold
Parc Esta, Whistler Grand and Kent Ridge Residences were amongst the top-selling launches.
MAS to allow bond investment using SRS funds in 2019
The individual limit for Singapore Savings Bonds will also be raised to $200,000.
OCBC rolls out digital account opening service for MNCs
The time taken to set up an account will be cut 75% from months to weeks.
NODX slipped 2.6% in November
It was dragged by the 5.2% decrease in the non-electronic segment.
Daily Briefing: More than 30 en bloc sales failed to find buyers; Bermuda court approves Noble Group's restructuring
And work pass administrative fees will increase in April 2019.
Chart of the Day: F&B service sales faced with flattish growth in 2018
It sealed a growth of around 2.5% YoY in September.
Daily Markets Briefing: STI down 1.09%
Wall Street's retreat could weigh on the local bourse today.
Automakers go electric to avoid phase-out in Singapore's car-lite future
Nissan will soon be launching its battery electric vehicle Nissan LEAF to Singapore.
Fighting counterfeits in retail through blockchain with LINFINITY
The company’s goal is to create a new supply chain system based on AI, IoT, and blockchain.
Singapore hits $145.74b worth of deals in 2018
M&A made up the bulk with $135.86b across 688 deals.
Parkway Pantai and UCARE.AI unveils AI-powered predictive hospital bill estimation system
It provides an 82% accuracy rate in estimating hospital bills.
Mapletree Industrial Trust to buy 18 Tai Seng property for $262.2m
It is the newest nine-storey mixed-use building in Payar Lebar iPark.
OUE Lippo Healthcare inks deal to develop high-end international hospital in Shenzhen
The hospital will have more than 200 beds serving the local community.
Chart of the Day: Influx of launches in H1 2019 could hit developers
More than 11,000 units are expected to be launched in 2019, on top of 32,000 units unsold as of Q3. This chart from OCBC Investment Research (OIR) shows that supply pressures are not immediate in the near term with only 3,506 units left in the pipeline supply for Q4. However, the medium-term developers might face risks in the medium-term with more than 11,000 units expected to be launched in 2019, on top of rising inventory levels of about 31,900 units in Q3 that are a tad below the long term average leves, OIR noted.
Property sales dropped 12.5% to $31.4b in 2018
En bloc sales plummeted 95% HoH to $484.08m in H2 from $9.69b in H1.
Daily Markets Briefing: STI up 0.36%
Wall Street's muted tone could take its toll on the local bourse today.
Daily Briefing: Grab clinches US$150m from automaker Yamaha Motor Co.; Finnish biofuel producer Neste plans to inject $2.2b in Singapore's biofuel production
And energy savings firm Barghest Building Performance nabs $45m from investment firm KKR & Co.
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