Singapore
Higher BSD rates did not deter luxury homebuyers: analysts
The increase is unlikely to hit foreigners and luxury homebuyers.
Retrenchments double in Q422
There were almost 3,000 people retrenched in the last quarter of 2022.
PC sales drop 11% in 2022
IDC expects the market to fall further in 2023 by 17%.
Wing Tai Holdings acquires Holland Tower for $76.3m
The property has a site area of 2032.6 sqm.
Alpina Holdings to take over Wan Dormitory for $24m
The company will use the property for its use.
CICT issues HK$755m fixed rate notes
The notes are due in 2033 with a fixed rate of 4.85%.
8 in 10 consumers are rethinking spending
Four industries will be most affected by this change.
Why headline inflation will likely stay elevated in H2
DBS expects full-year headline inflation to hit 5.8%.
SG is the 8th leading global city for the wealthy
There are 7,471 UHNW individuals with primary or secondary residence in the Lion City.
Daily Markets Briefing: STI up 1.38%; SATS is most active stock
SATS was the top stock with a 5.04% increase.
Prudential’s new business profit drops to US$2.18b in FY22
The insurer attributed the decline to higher interest rates and business mix effects.
IHH Healthcare invests in SG-based startup Intellect
The partnership will accelerate Intellect’s growth across Asia.
SATS joins IATA environmental assessment programme
The company is the first ground handler in APAC to participate.
Household services scheme pilot includes basic child, elderly care
Twenty-five companies can employ migrant workers to perform household services.
Three adjoining 2-storey conservation shophouses in Geylang Road up for sale
It has an indicative guide price of $23m.
Singapore ranks amongst cities with cheapest public transport fares
A monthly pass costs just around 1.9% of the average net wage in the country.
Commentary
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