News
Flex spaces to increase foothold in Singapore’s office market
Flex spaces to increase foothold in Singapore’s office market
As of Q123, flex spaces already consist of about 10% of the total office stock in the Lion City.
Daily Markets Briefing: STI rises by 0.22%; Emperador is top stock
Emperador was the most active stock with a 2% growth.
MAS to set expectations on credible transition planning
The guidance will cover FIs governance frameworks in managing climate-related financial risks.
IMDA launches sustainability standards for data centres in tropical markets
This will support increasing the operating DC temperature to 26 Degrees Celcius and above.
Singapore rolls out AI Verify Foundation
This will support the development of AI for the use of global firms and regulators.
HDB resale prices up by 0.3% MoM in May
Year-on-year, overall prices increased by 7.7%.
Keppel Infrastructure Trust taps Kevin Neo as Deputy CEO of trustee-manager
Neo will then take on the CEO post on 1 October.
Standard Chartered to cut jobs in Singapore, Hong Kong: report
The bank reportedly aims to save about $1.35b by 2024.
Circle Singapore secures MPI license from MAS
The company can now provide digital payment token services, cross-border money transfers, amongst others services.
Shophouse at 22 Temple Street up for sale
The property has a floor area of 3,423 square feet.
MUST’s fifth-largest tenant terminates lease at 500 Plaza Drive in New Jersey
The tenant has already paid MUST a termination fee of US$4m.
What are Singaporeans’ top preferred work benefits?
Workplace perks have become more significant for six in 10 employees in Singapore.
9 of 10 Singaporeans think cashless payments are most eco-friendly
This includes cards, mobile wallets and mobile banking.
5 technologies likely to drive change in the construction industry
Seven in 10 firms plan to increase spending on construction technologies.
Tech spending in Singapore to jump 4.6% in 2023 to $22.17b
Software will be the highest growth area in terms of spend.
Singapore is 5th most expensive location for expatriates
The Lion City jumped eight places in ECA’s cost of living rankings.
Yanlord Land presales up fivefold in May
Total contracted presales for the first five months of 2023 is 1.9% lower, however.
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