Singapore
Home sales to foreigners jumped 44.7% to 1,549 units in Q4 2017
Home sales to foreigners jumped 44.7% to 1,549 units in Q4 2017
One reason was that prices are considerably cheaper than Hong Kong and Shanghai.
China and India renewable power use to explode over next decade
Renewables capacity expansion in China and India will serve as strong tailwinds.
SBS Transit to operate 18 Bukit Merah bus services
It plans to place a driving behaviour monitor on about 330 buses in the package.
MAS approves third derivatives exchange
APEX plans to launch trading in Q2 2018 and started to admit trading and clearing members.
Prime office rents to rise after bottoming at $9 psf
Yields in 2017 were at 3.25%.
CapitaLand's $4.9 bn Chongqing Skybridge to open in 2019
It will link six towers of Raffles City Chongqing.
Budget spurs Singapore firms to upskill for New Economy
Singapore’s hard-fought economic transformation is dependent on the ability of its enterprises and people, to learn, unlearn and relearn new capabilities and skillsets.
$478m luxury hotel slated for Singtel Hill Street site
Local developer EL Development paid $118m for the property.
Noble sells marketing and offtake deal for $13.32m
It is expected to lose $8.96m as the asset was underpriced.
Daily Markets Briefing: STI up 1.28%
Expect some gains today.
Chart of the Day: Upcoming office supply to plunge in 4 years
This is a positive for rents, which could improve gradually as supply for space is squeezed.
Daily Briefing: Property market can shake off tax hike, REDAS head says; IKEA starts Singapore solar power project
And here’s how much BreadTalk’s 2017 dividends will be.
Genting Q4 profits fell 29% to $133.99m
But its revenue rose thanks to the strong performance of its leisure and hospitality segment.
Nearly half of home buyers anxious about price hikes this year
This is the top frustration of those that won’t buy new homes soon.
Savills tenders 2F Gerald Crescent for over $35m
It can accommodate 11 landed houses comprising two detached houses, a pair of semi-detached and seven terraces.
Otto Marine floundering under $1.16b debt pile
It is one of several oil & gas firms still struggling to float after a plunge in crude prices caused contracts to dry up.
Accommodation prices were 5.3% cheaper in January
Service & Conservancy Charges (S&CC) rebates were given to HDB households in January 2018.
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’