News
Singapore climbs eight spots in costliest expat city rankings
Singapore climbs eight spots in costliest expat city rankings
It ranked 12th due to another strong year for the Singapore dollar.
Pioneer and Merdeka Generation seniors to get $270m of MediSave top-ups in July
The top-ups will be given only to qualified seniors.
ST Engineering's contract value could grow to $4.2b in 9M 2019
Its orderbook recognition for the next three quarters is expected to rise 31%.
Daily Markets Briefing: STI up 0.4%
Singtel was the top active stock and grew 0.9%.
Daily Briefing: Foreign domestic workers contributed $11.1b to GDP in 2018; Deliveroo unveils free online courses for riders
And Air New Zealand is boosting flight frequency from Singapore in the winter.
Chart of the Day: China-related small cap stocks hit 3% average return YTD in June
Hi-P International recorded a 50.1% YTD return.
Retail sales slipped 1.8% to $3.5b in April
Only the apparel & footwear industry was able to post gains after sales rose 3.4%.
Job vacancies decline after seven straight quarters of growth in Q1
The ratio of job vacancies to unemployed persons dipped to 1.08 in March.
Frasers Centrepoint Trust's preferential offering oversubscribed
The firm will realise gross proceeds of about $67.7m to fund its acquisitions.
Condo rents up 2% in May
Rents in the OCR led the increase at 2.4%.
Chart of the Day: How much are Singaporeans covered by public health insurance?
Nearly 7 in 10 are already covered by the Integrated Shield plan in 2017.
Daily Markets Briefing: STI down 0.06%
Singtel led the gains at 0.91%.
Daily Briefing: Grab reportedly eyeing virtual banking license; Thai e-commerce startup Pomelo launches in Singapore
And a study found that Singaporeans bound for Taiwan are the most vulnerable to scams.
$589.2m China mall buys to spur short-term pain for CapitaLand Retail China Trust
Debt costs could pare its DPU by 7%.
Chart of the Day: Public hospitals snapped up three-fourths of tertiary admissions in 2006-2018
Private players were left to fight over the remaining 22-23% of the market.
Daily Markets Briefing: STI up 0.67%
CapitaLand led the gains at 3.02%.
The Straits Times Index ended 21.47 or 0.67% higher at 3,209.58.
The top active stocks are DBS, which grew 0.65%, Singtel and UOB, which both rose 0.61%, Genting Sing, which inched up, 1.71%, and CapitaLand, which rose 3.02%.
The FTSE MidCap grew 0.73% whilst the FTSE Small Cap inched up 0.21%.
Daily Briefing: Pasir Panjang Power District eyed for waterfront lifestyle potential; Singapore to have 13,000 shared bicycles in 2019
And a Jalan Besar property sold $10m below its indicative price of $47.4m.
Commentary
The agility trap: Why most Singaporean businesses are structured for stability, not speed
Building a Southern Malaysia supply chain ecosystem for Singapore’s advanced manufacturing
Failed talks, rising costs: Why Singapore still feels the shock of Middle East tensions
How Singapore consumer brands can build strong supply chains amidst rising input costs
Singapore’s AI ambitions will rise or fall on infrastructure
Why a clear digital roadmap is essential for business success
Singapore’s port model is under pressure as shipping disruptions reshape trade
The trust tax: Navigating the ‘sophistication shift’ in Singapore’s digital economy
Conflict, costs, and construction: Where can margins still be saved?
Singapore’s SMEs are embracing AI, cybersecurity must keep up.