News
SG leads APAC in AI readiness
It scored 70.1 in Salesforce’s APAC AI Readiness Index.
Floral startup invests $850,000 for EV delivery fleet
This will reduce their carbon footprint and cater to eco-conscious customers.
Sim Lian bags tender for Tampines Street 62 site for $543.28m
HDB launched the tender for the land parcel on 14 March.
Israel-Palestine conflict will have no ‘significant impact’ on operations: Trendlines Group
The investment company said its operations are ‘well-distant’ from military activities in Israel.
Top five reasons why affluent Singaporeans invest
Additional income (44%) is the number one reason why rich Singaporeans invest.
Netlink NBN welcomes new COO
Yoong Swie Leong will begin his COO duty on 16 October.
Circular raises US$7.6m in seed funding round
The seed funding boosted Circular’s total valuation to US$30m.
Daily Markets Briefing: STI down 0.25%; Seatrium is top stock
Seatrium closed 1.63% up.
Property investment market activity to remain muted for the rest of 2023
Knight Frank expects total investment sales for 2023 to reach around $18b-$20b.
SG’s outbound investment drops 36.4% QoQ in 3Q23
Year-on-year, outbound investment declined 62%.
ISCA signs MOU supporting development of accountancy entities in SG, China
The agreement will include facilitating exchange opportunities and immersion programmes for students.
Grade A office rents in Singapore declined driven by the premium segment
Specifically, those in Shenton Way / Tanjong Pagar.
Three-quarters of CEOs expect ESG investments to pay off after 3 to 7 years
About 72% of CEOs said it will benefit M&A (24%) and talent attraction (24%).
Stop all unnecessary travel to Israel and the Gaza Strip amidst rocket attacks: MFA
Singaporeans living in Israel and the Palestinian Territories must also be vigilant.
Key industries to drive IPO market growth in 2024
Healthcare, education, and AI-related industries are expected to propel the growth.
Singapore hotel average rates to rise by 7.5% in 2024
As a regional hub for business and tourism, demand growth for SG hotels will continue to increase.
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Commentary
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Singapore’s family offices: Time to professionalise or risk falling behind
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