Singapore
Talent crunch hits Singapore's wealth management scene despite hefty bonuses
Talent crunch hits Singapore's wealth management scene despite hefty bonuses
There is still a lot of work to do in order to run after 1,400 individuals in the Lion City with net worths above $69m.
Chart of the Day: Foreign property buyers on the rise despite hefty ABSD rates
They made up 5.5% of the total number of buyers in Q3 from 5.2% in Q2.
ST Engineering's Electronics arm bagged contracts worth $435m in Q3
They involve areas such as mobility, satellite communications, IoT, and cybersecurity.
APAC is the world's richest region: report
Its total wealth comes to US$114.56t.
Keppel Infrastructure Trust profit slides 47.4% to $8.15m in Q3
It blamed lower contribution from City Gas and lower revenue at Basslink.
Asia Pacific soon to be home to 40% of world's data centres: report
This is mainly due to the region’s robust infrastructure and connectivity.
SGD will fare around $1.35 against USD in 2018: Fitch Solutions
It could be hit by the escalating US-China trade wars paired with US Fed hikes.
Singtel network down due to power disruptions
Customers islandwide were affected for over three hours.
Singapore ranked fifth in Global Power City Index
It topped rankings in employee life satisfaction globally and startup environment in Asia.
Fitting out an office is cheaper in Hong Kong than Singapore
The Lion City’s average fit out costs are $100 psf versus the SAR’s $94.
Frasers Commercial Trust NPI crashed 19.2% to $21.61m in Q4
Portfolio revenue in FY18 fell 14.8% to $133.8m due to lower occupancy rates in Singapore.
Keppel profits dropped 14.9% to $225.67m in Q3
Earning per share fell 15% to $0.124.
Singapore Airlines prices $600m notes at 3.16%
They will be issued on 25 October.
Chart of the Day: 2 in 10 tourist arrivals in August came from China
Indonesia accounted for 16% of the tourist arrivals.
Daily Markets Briefing: STI down 0.05%
Don’t expect gains today.
Daily Briefing: Singapore HealthHub hit by 27,000 unusual log-in attempts; Three firms sanctioned over supply of luxury goods to North Korea
And here's a new delivery scheme for Lazada customers.
Hotels brace for more business as tourism drives RevPAR for seventh straight month in August
Revenue per available room rose 5.5% and 3.4% year-to-August.
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