News
Visitor arrivals drop in May but remain above one million
Visitor arrivals drop in May but remain above one million
The 1.11 million visitors that arrived in May is still more than double the arrivals a year ago.
DBS launches multi family office platform
The bank is already in talks with over 20 clients and prospects across Asia.
UBS, Credit Suisse SG operations "uninterrupted" post-acquisition: MAS
Both banks will operate on separate licences in Singapore.
Which sector has the strongest hiring intention for Q3?
Almost half (48%) of employers plan to hire in Q323.
What do the latest amendments to the 2019 Master Plan entail?
The HDB proposed changes on six sites.
Daily Markets Briefing: STI up 0.28%; Hongkong Land on top
Hongkong Land Holdings Limited led the index with 1.44% gains.
Asia poised to be the center of the E2W revolution
China may account for 53% of sales of electric two-wheelers (E2W) in 2021, but India and Indonesia are fast-growing markets.
SG pledges $10m for the development of global digital capabilities
The fund will be used for capacity-building programmes.
CCCS seeks feedback on City Energy’s acquisition of Tan Soon Huah Gas Supply’s LPG business
The commission is studying whether the deal will infringe section 54 of the Competition Act 2004.
Thomson Medical confirms ‘discussions’ about exploring a potential deal
The Peter Lim-led company is reportedly planning to acquire a stake in Vietnam’s FV Hospital.
Growing 50-plus affluent population to increase demand for smaller homes
Data from Savills showed that 47% of SG’s affluent population will be aged 50 and above by 2023.
6 ways Singapore can grow its talent pool for global leadership roles
Business leaders will play a critical role in deepening SG’s role as a Global-Asia node, says DPM Heng.
SG’s office market hit by increasing vacancy pressure
A CBRE report showed that vacancy may hit around 10% by the end of 2023.
Daily Markets Briefing: STI down 0.07%; SIA is highest stock
SIA grew by 3.571%.
Six-month Treasury bill yield at 3.84%.
44% of the applicants who submitted competitive bids at the cut-off yield were allotted.
OCBC to remain strong and stable through 2024: Moody’s
Asset quality and nonperforming loans will likely remain between 1% to 1.5% in 2023-2024.
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Commentary
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