Singapore
Bank tellers are out, digital service kiosks are in for OCBC
Bank tellers are out, digital service kiosks are in for OCBC
By 2020, OCBC will cut half of its bank tellers and will replace them with its latest ATMs and digital service kiosks.
Singapore prices climbed 0.6% in June
Costs of food and services were higher for the month.
Sembcorp Marine's order pipeline could hit $3b in 2018
The biggest deal is an FPSO contract for Rosebank’s estimated to be worth US$2b.
Freehold site Sutton Place up for sale at $268m
It has five storeys that can be redeveloped into 198 apartment units.
4 in 5 Singapore employees want flexi work
But 55% fear it will interfere with personal time.
Philip Morris' low profit warnings put heat on Venture
The IQOS that Venture creates for PMI contributed 25% of 2017 revenue.
SIC alters takeover rules for dual class share firms
It wants to add relief for shareholders required to make general offers.
Ascott serviced residences could bolster CapitaLand Ascott's fee income by 50%
The 75,000-unit serviced residence has 31,500 units in the pipeline.
Hotel arm could buoy CityDev amidst property curb
Its UK, China, and US portfolios are safe from the cooling measures.
Nikko AM unveils SGD bond ETF for retail investors
It will list on the SGX on 27 August.
Chart of the Day: Singapore labour market pressure down in 2017
This also reflected in the total unemployment rate, which fell from about 2.2% in H1 to 2.1% in H2.
Daily Markets Briefing: STI up 0.62%
Wall Street's weakness amidst trade tension woes could hurt gains today.
Daily Briefing: Well-planned cyber attack on SingHealth targets PM Lee's details; Apple probes suspicious iTunes transactions in Singapore
And here's why HDB rentals could benefit from the surprise property curbs.
Singapore banks turn to China's wealthy to offset slumping stock markets
Some banks are looking to establish family offices to serve Chinese entrepreneurs; as a sizeable proportion will look to transfer their wealth to the next generation within the next five to ten years.
LTA slams SMRT with $1.9m fine for fatal incidents in 2016 and 2017
Probes showed failure to follow operating procedures, resulting in two trainee deaths.
Keppel O&M wins contracts worth $70m
They will focus on vessels in Brazil and Singapore.
ST Engineering's electronics arm bagged contracts worth $764m in Q2
Major projects covered mobility, satellite comms, and IoT.
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