News
Singapore’s investment sales see 50.7% dip in Q2 2023
Jeremy Lake of Savills Singapore points out the challenges amid high interest rates, but stays cautiously optimistic for property sales trajectory.
Almost eight out of 10 board members in SG perceive generative AI as a security risk
Despite being positioned as a cybersecurity advocate, board members in Singapore feel the last prepared.
Singapore could be affected by increasing rice prices
The El Nino and India’s non-basmati rice ban contributed to the price increase.
Guotai Junan Futures enters Singapore’s derivatives market
It is the sole futures and derivatives platform of Guotai Junan Securities in Singapore.
Hotel room rates for the Singapore Grand Prix shoot up to $880
Compared to 2022, room rates have risen by 27%.
What can weigh down Singapore's financial market?
Economists cited three factors.
Freehold 5-storey shophouse along Hongkong Street on sale for $47.5m
There will be no ABSD or SSD imposed on the property transaction.
Combined wealth of Singapore’s richest climbs 8% YoY to US$177b
Meta Platforms’ co-founder, Eduardo Saverin, is Singapore’s richest person.
HDB resale prices rise 7.2% YoY in August
Month-on-month, prices rose by 0.6%.
Tax revenue up 13.1% YoY in FY22/23
The government collected $68.6b in tax revenue for the period.
Over $4b in grants distributed to businesses, workers: IRAS
More than 120,000 enterprises received grants from the agency.
Retail sales flatline in July but expects rebound in H2
However, outside factors like negative job market conditions could put a drag on its growth.
Chart of the Day: SG’s prime rent for luxury lettings eases to 24.5% in Q2
The city has the highest rental value in the index.
Daily Markets Briefing: STI down 0.12%; Hongkong Land is top stock
Hongkong Land saw a 1.41% increase.
Singapore customers seek transparency amidst companies’ AI adoption growth
About 9 in 10 said they want to know whether they are speaking with AI or a human.
ST Engineering, Nutanix to enhance hybrid cloud competency in Singapore
They will develop a solution and a curriculum to train the country’s workforce.
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Commentary
ASEAN's unity is being tested in the age of economic warfare
The real price of doing nothing: Singapore's counterfeit challenge
The intersection between AI and the Workplace Fairness Act
The adversary ecosystem Singapore boards must confront
Why Singapore’s fast payments need faster protections
Singapore’s next 60 years begin by strengthening its foundations for AI
Competing on value, not price: Why managers must rethink customer propositions
AI models are hungry for your data, so don’t just give it away