News
Car purchases boost retail sales by 2% in June
Falling COE premiums spurred purchases.
CityDev's massive unsold landbank is key target for cooling measures
It faces heightened difficulty to sell its unsold stock.
ST Engineering propelled by bloated $13.4b orderbook in Q2
Smart Nation projects are expected to ensure its profitability.
2 in 3 SMEs to embrace cashless payments by 2023
They are also shunning the use of cheques.
11 defective trains repaired and returned to Singapore
They are part of the 26 trains shipped back to China for repairs.
CapitaLand to step up asset sales despite $3.1b in divestments in H1
The move is expected to boost ROE.
Daily Briefing: Singapore bank headcount up by 4,541 in H2; Golden Gate Ventures unveils US$10m crypto fund
And Carousell expands its meet-up feature to the Philippines.
Daily Markets Briefing: STI down 0.4%
Investors are urged to take caution.
Chart of the Day: Late-stage capital rounds snap 45.8% of fintech funding in H1
This bucks the trend that startups are only receiving seed funding.
HRtech gains ground as Singaporeans embrace mobile in job hunting
Nearly a fourth have relied on a smartphone app to apply.
Half year net office take-up hits seven year high at 879,000 sq ft
This is about 75% higher than the five-year average (2013-2017).
HDB rental volume jumped 11.9% in July
Prices inched up by 1%.
Small car COE premium hits $33,798
Open COE premiums also rose to $33,420.
Private condo rental volume jumped by 4.7% in July
Prices were flat, as June was a lull for market activities.
Chart of the Day: Singapore nabbed Asia's fintech crown from Hong Kong in 2017
Total fintech funding hit US$983.6m in 2017 versus Hong Kong's US$596.8m.
Daily Markets Briefing: STI down 0.4%
DBS took the lead.
Commentary
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform