News
Only 34% of Singapore SMEs are insured from cyber risks
Only 34% of Singapore SMEs are insured from cyber risks
SME leaders remain aloof amidst cyber threats.
MCT closes private placement at $458m
The total gross proceeds of the equity fund raising will be $918.5m.
CapitaLand, NavInfo, TPG to set up 5G trial site at Science Park
It will be used to test smart automotives and advanced 5G networks.
2 in 5 Singapore homes switched electricity retailers since OEM launch
Those who made the switch saved 20-30% compared to the regular tariff.
Singapore's solar capacity to double over the next decade
The city’s solar-friendly policies and high irradiance could boost capacity to 319MW in 2028.
Real estate investment sales leapt 53.7% to $11.2b in Q3
Deals in the hospitality sector surged five times over.
NODX dropped 8.1% YoY in September
Electronic exports crashed 24.8% YoY.
Wilmar takes hit as China welcomes Argentina soybean meal imports
Lower cost soy meal alternatives threatens its domestic crushing business.
Keppel REIT NPI up 17.6% to $33.17m in Q3
It recorded higher income from Ocean Financial Tower and 275 George Street.
Frasers Property, Hitachi to invest $100m in digitisation of real estate
The two are looking for digital opportunities in Thailand and Australia.
Public cloud can give $41.09b boost to GDP: report
The deployment of a public cloud is also expected to add 22,000 jobs.
Good Class Bungalow at Nassim Road put up for tender
It is expected to sell for at least $175m.
Chart of the Day: Retail rents remained flat in Q3
Notable closures at Centrepoint include Metro’s flagship store, and TianPo Jewellery.
Daily Briefing: Neil Road terrace house on sale for $4.8m; Budget hotel provider ZEN Rooms bags investment from South Korea's Yanolja
And knowledge sharing platform Tigerhall eyes Malaysia expansion.
Daily Markets Briefing: STI up 0.59%
Venture led the gains amongst top active stocks with a 2.25% rise.
SGX RegCo, SISV to enhance standard of valuations for real estate
SISV will advise on property valuation reports and disclosures by listed companies.
Over 3 in 4 of finance heads see automation to boost jobs
Contrary to the traditionalist belief that human operations will be replaced.
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Commentary
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform