News
Lack of new launches to dampen new home sales in June
Lack of new launches to dampen new home sales in June
Home sales should remain firm throughout the year.
New home sales up 16.1% to 1,055 in May
Transactions from non-permanent residents plunged as cooling measures took effect.
Daily Markets Briefing: STI up 0.72%; SIA most active stock
DBS and UOB both recorded falls.
OUE C-REIT subsidiary clinches S$430m green loan for refinancing
The proportion of green loans to the REIT’s total borrowings increased to 69.6%.
Singaporean shoppers adapt online-offline shopping approach
Over half would check and compare prices online, and purchase products via physical stores.
Keppel to retrofit water systems of Thailand’s Centara Watergate, Watergate Pavilion
It is expected to translate to 23% cost savings over the next 20 years.
India’s Law Tribunal OKs Sembcorp Industries’ approval for scheme of amalgamation
The amalgamation will be used for its wholly-owned subsidiaries.
Operating expenses amongst hurdles in AI adoption: IT leaders
Four in 10 are skeptical about the readiness of their digital infrastructure in AI adoption.
SAP Labs is hiring 200 AI engineers in Singapore
Close to 50 of the available roles have been filled over the past 3 months.
Surer, Etiqa unveil digital motor insurance service
The partnership enables insurance intermediaries to distribute digitally.
Why Singaporeans abandon their carts online
They do not proceed with their checkout due to delivery concerns, amongst others.
Shoppers visit more than 5 online retailers before buying: report
Over 68% reported looking both online and in-store when shopping.
UOB outlook stable despite muted operations: Moody’s
Its recent acquisition will contribute positively to profitability.
StanChart, SMU establish programme for women entrepreneurs
The bank funded $300,000 for the incubator.
Over 6 in 10 life science professionals seeking new jobs in 2023: survey
Over half say that flexible working is important when seeking a new job.
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.
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Commentary
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform