News
Condo resale prices jump 9.2% YoY in February
Condo resale prices jump 9.2% YoY in February
Across submarkets, OCR posted the highest year-on-year price increase.
Condo resale volumes soar 50.3% MoM in February
Over 700 units got resold during the month.
Chart of the Day: Majority of fund managers look to use AI to reduce manual process
Other fund managers seek to use DLT-related tools.
Office segment remains on an ‘even keel’ driven by flight-to-quality demand
Knight Frank said occupancy levels of CBD offices are 94%-95%.
Daily Markets Briefing: STI up 0.8%; ST Engineering is leading
ST Engineering and two real estate firms are on top.
International French School to undergo $80m expansion
This move will increase the schools’ capacity to 4,000 students.
Sembcorp JV pens MOUs for industrial park development in Vietnam
The projects will enhance their socio-economic development.
Over 6 in 10 companies plan to reduce staff in 2023 economic recession
There’s one area, however, where companies plan to do the opposite.
How will MAS tighten monetary policy in April 2023? Analysts explain
The central bank aims to subdue the price pressures.
Singapore will protect workers, not jobs – DPM Wong
Wong says protecting jobs will hold back the “process of innovation.”
What luxury travel experience are Singaporeans willing to pay more for?
More than a quarter want to get close to remote destinations.
Chart of the Day: Worryingly, almost 8 in 10 fund managers still use fax
The report showed that 10% of fund managers’ businesses are fully manual.
Daily Markets Briefing: STI declines by 0.2%; SGX is most active stock
SATS was the top stock with a 1.68% growth.
Tech startup Mystifly concludes Pre Series B funding worth $8m
They will use the funding to extend their product's market reach.
Gogoro and C&C join forces with foodpanda for electric two-wheelers
Riders can use Gogoro’s smartscooters for a trial run.
Manufacturing output down 8.9% in February
Without biomedical manufacturing data, output declined nearly 5%.
Commentary
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Singapore's mid-market leadership problem nobody is talking about
From ‘only’ to ‘one of’: What Thailand’s land bridge means for Singapore businesses now
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Why Singapore-based firms still underestimate the human side of doing business in North Asia