News
Facebook invests $1.4b in data centre in Singapore
Facebook invests $1.4b in data centre in Singapore
It will be built in the Jurong East district.
Luxury home prices jumped 11.5% in H1
Singapore bucked declining trends and led luxury price gains globally.
Noble forms investment holding firm in British Virgin Islands
The firm will hold Noble’s assets after the restructuring.
Chart of the Day: Singapore invested US$300m in energy M&A for Q2
It is one of the top investing countries in the Asia Pacific.
Daily Markets Briefing: STI down 1.7%
Emerging market concerns could weigh on local sentiment.
Daily Briefing: DBS opens 70 big data jobs; Here's how Sheng Siong has grown 25% YTD
And 2 adjoining conservation shophouses in Amoy Street are being offered for $50m.
All COE premiums down in first bidding for September
Declines were recorded for the second consecutive bidding.
Singapore private sector PMI hit record-low since mid-2017
It fell by 1.9 points to 51.1 in August.
Singapore and Malaysia suspend high speed rail project
Malaysia agreed to bear the costs if it still has not proceeded with the project on 31 May 2020.
StarHub and Temasek form cybersecurity joint venture
The JV is expected to generate revenues in excess of $100m annually.
2018 GDP still likely to hit 3.2%: economists
They are bullish on external growth but bearish on the property scene.
New developments could bolster mall traffic for Frasers Centrepoint Trust
Causeway Point will soon have an underground pedestrian link to Woods Square.
Singaporeans grew portfolios in Europe with US$3.4b investment in H1
This led Singapore to be the most active in Asia for outbound investment.
OCBC blames software failure for 3-hour service outage
ATMs and banking channels were down during the outage on 1 September.
UBS to launch eFX engine in Q2 2019
It is expected to improve the FX market’s transparency and efficiency.
Highest bidder for Dairy Farm Road site offered $368m
The highest bid for the Jalan Jurong Kechil hit $215m.
Singapore's healthcare spending boom in sight as more hospitals open doors
Over 3,000 beds will be added in five years.
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Commentary
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform