Singapore
OCBC and SG police force prevent scam losses worth S$12.6m
OCBC and SG police force prevent scam losses worth S$12.6m
About 700 victims were safeguarded from potential loss.
UOB sets new tech and innovation hub in Punggol Digital District
This is the first Singapore local bank to establish a presence in the district.
Office rents dip 1.0% in Q1
Gross effective rents now stand at $11.30 psf pm NLA.
Bridging Loans: An Alternative Financing Option for Clients Affected by TDSR
As property prices in Singapore continue to rise, more and more clients are finding themselves affected by the Total Debt Servicing Ratio (TDSR) framework. This framework, introduced in 2013, sets a limit on the amount of debt a borrower can take on based on their income and other financial commitments. While the TDSR framework is designed to promote financial prudence, it has also made it harder for some clients to secure financing for their property purchases.
New home sales rise 13.6% MoM in March
However, it is 24.8% less than 654 units year-over-year.
Competing construction firms unite to meet industry’s towering demand
Construction industry expected to grow by 2.1% to $36b in 2023.
What are Singaporeans' top travel destinations for 2023?
Most of them travel for sightseeing and shopping.
SIA Group’s passenger traffic rises 14.1% MoM in March
The airline group carried a combined 2.7 million passengers during the month.
Keppel Infrastructure Trust seeks to raise $240m in equity funding
The company will use 97.3% of the proceeds to partially pay bridge facilities.
Phaidon proves ‘office environment’s not dead’ with bigger workspace
The expanded Singapore office is seen as Phaidon International’s ‘jewel of the crown’
Which Singapore mobile operator provides the fastest internet?
The median download speed for mobile in Singapore is 76.48 Mbps.
SG NODX to contract 5.5% in 2023
It is due to the broad-based weakness in electronics and non-electronics performance.
DPM Wong vows government will always be ‘pro-growth’ in economy
Economic competitiveness is one of the key phases in Singapore.
Demand for logistics and warehouse space healthy in Q1 23
Rents grew 2.6% quarter-on-quarter in the first quarter of 2023.
STI registers 2.4% year-to-date total return amidst slow growth
The index posted 20 gainers and nine losers.
Where to invest if MAS eases monetary policy in October
Assets like bonds and gold will be a safe haven for investors.
Half of Singaporeans expect inflation to decline in the next 12 months
Consumers cite three reasons for the shift in their expectations.
Commentary
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
From Singapore to Southeast Asia: Thriving in innovation by knowing when to pause
Section 13O, MAS, and the digital footprint of Singapore Family Offices