Singapore
STI falls 10% from peak over trade tension woes
STI falls 10% from peak over trade tension woes
Analysts also see more headwinds for Singapore due to interest rates.
Singapore's inflation rate rose to 0.4% in May
This was due to a faster pace of price increases across all the major categories.
Setting up a bustling e-commerce marketplace shop in Singapore
China’s e-commerce giant Alibaba ran its first global course in Singapore earlier this year. A highly anticipated event on the retail calendar, more than 2,000 participants took part to arm themselves with the knowhow to maximise their online sales.
Dalvey Court in District 10 up for en bloc sale at $160m
It can be redeveloped into a medium-rise project next to White House Park good class bungalow areas.
Starhub to drop Discovery channels over price disagreement
The cable company will introduce a lineup of seven new channels by 3 July instead.
Singapore's overseas real estate investment jumped 35% to US$19.9b
Most of the capital was directed to the US, Australia, and the UK.
NETS launches online self-service application for merchants
Merchants can be onboarded in one working day compared to the previous two-week application.
Noble buys additional 52.5% stake in East Energy Resources for $940,428
EER paid a debt worth US$21m to Noble.
Changi Airport passenger traffic jumped 5.8% to 5.29 million in May
China led the gains at 12% with 550,000 passenger movements.
ARA Asset Management takes over $1.4b Cache Logistics Trust
The REIT will tap into ARA’s Asia Pacific network.
JLL and Lendlease launch proptech accelerator
Qualified startups stand to receive $20,000 grant.
Chart of the Day: M&A targeting Singapore companies plunged to 5-year low at US$4.3b
Alibaba's purchase of shares in Lazada boosted it by US$2b.
Daily Markets Briefing: STI down 0.38%
Expect muted gains.
Daily Briefing: Trump Kim summit cost Singapore $16.3m; Mahathir revives disputed water supply agreement
And here are the six parties who submitted tenders for a Sengkang Central site.
Sembcorp to build rooftop solar systems for 848 HDB blocks
Construction will begin Q3 of 2018.
Here are two events that will boost Singapore spending
Grocers could expect a kick in sales from snacks and takeaway foods.
Singapore businessmen eye North Korean investments
Some businessmen received invitations for a delegation in North Korea a day after the Kim-Trump summit.
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