News
MOF to consider ‘age-based only’ in criteria of Majulah Package
MOF to consider ‘age-based only’ in criteria of Majulah Package
Currently, the package only benefits seniors with lower incomes and less wealth.
Chart of the Day: Visitor arrivals to SG edged down to 1.31 million in August
Overnight visitors declined by 1.06 million on a yearly basis.
Daily Markets Briefing: STI down 0.76%; Singtel emerged on top
Singtel is the most active stock.
How the new BTO classification framework can keep public housing affordable in SG
Under the framework, BTO flats will be classified into Standard, Plus, and Prime.
S-REITs posts negative return in August
Total returns of S-REITs were at -2.5%.
MAS enforced over S$20m in penalties in past 18 months
Authorities issued 18 prohibition orders and logged a total of 39 criminal convictions.
OCBC taps Alipay+ to enable customers to pay in China, Korea, Malaysia with digital app
Payments will be made directly from customers’ OCBC SG bank accounts.
Food factory site at Senoko Crescent on sale for $14m
The property has two floors of cold-room and production facilities.
SSIA reaffirms commitment for global industry collaboration
This will boost the country’s semiconductor supply chains.
Major retail banks in SG boost anti-malware security measures
In 1H23, scam victims have reported a loss of $334.5m.
PropNex Realty launches for sale Island View for $575m
The freehold development is a 10-minute drive away from the central business district.
SG-based cleantech startup clinches funding from PETRONAS Ventures’ investment arm
The investment will help scale the manufacturing of Green Li-ion’s recycling units.
Bank of Singapore names new global head of legal and regulatory compliance
His role is effective starting 2 October, replacing Eric Teh.
SoftBank’s subsidiary debuts successfully, expects $5.12b in proceeds
It also includes the full exercise of the underwriters' option to purchase an additional seven million shares.
Pair of freehold shophouses in Lavender Street on sale for $12.5m
Savills will conduct its sale via an expression of interest exercise.
Are Singaporean investors coming to terms with rising property taxes?
Those planning to delay property purchase due to tax adjustments have declined to 24% in 2H23.
5 in 10 Singaporeans struggle to buy their first home
Singles are having the most difficulty.
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Commentary
Failed talks, rising costs: Why Singapore still feels the shock of Middle East tensions
How Singapore consumer brands can build strong supply chains amidst rising input costs
Singapore’s AI ambitions will rise or fall on infrastructure
Why a clear digital roadmap is essential for business success
Singapore’s port model is under pressure as shipping disruptions reshape trade
The trust tax: Navigating the ‘sophistication shift’ in Singapore’s digital economy
Conflict, costs, and construction: Where can margins still be saved?
Singapore’s SMEs are embracing AI, cybersecurity must keep up.