Singapore
Singapore's 50 richest people just got 11% richer in 2018
Singapore's 50 richest people just got 11% richer in 2018
The Ng brothers alone got a boost of US$25b.
South Korean startup enters Singapore's ride-hailing scene
It is the first blockchain-based ride-hailing service in the world.
Ascott secures management deals in the Philippines
It will be in charge of about 1,600 serviced residence units by 2022.
Industrial property prices slipped 2.1% in Q2
Occupancy rate remained stable at 88.7%.
OCBC Q2 loan growth to hit 10% as Indonesian and Chinese arms outperform
Banking fees are also expected to rise 13.8%.
ParkwayLife REIT Q2 net property income up 1.2% to $26.2m
Revenue was up thanks to the contribution of a new nursing facility.
Auctioned properties jumped to 9-year high at 454 listings in H1
The aggregate value of properties sold at auctions plummeted to $35.3m.
Temasek prices US$1.35b bonds at 72 bps over Treasuries
Investors will be paid every six months, at a coupon rate of 3.625% per annum.
Suntec REIT bullish amidst office rents upturn
Suntec City's relatively lower rents of $10 to $11 psf/month could lure more tenants.
4 in 5 Singapore SMEs eye expansion in the ASEAN
2 in 5 firms target Indonesia for further expansion.
Temasek leads US$85m funding round for US fitness startup
ClassPass targets expansion in Southeast Asia.
Crown Group's Indonesian business targets Singapore listing
CEO Iwan Sunito cited easy access to capital for end-buyers’ home purchases.
Chart of the Day: Singapore and Malaysia face slumping bilateral trade
The postponed HSR project caused a strain in the countries' bilateral trade relations.
Daily Briefing: LTA buys 66 new trains for $1.2b; SGX and NSE patch wounds for GIFT City talks
And co-living rental startup Hmlet buys its Hong Kong competitor.
Daily Markets Briefing: STI up 1.04%
Expect muted gains today.
Anchorvale Crescent to be tendered at $255m minimum
HDB accepted a developer’s application for the site at an “acceptable” amount.
Shop ‘til it drops: Half of Singaporeans are ready for drone deliveries
Singapore is developing its air traffic control system for drones.
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