News
IWG, Standard Chartered launch co-working space within bank branch
IWG, Standard Chartered launch co-working space within bank branch
Spaces@SCB is located within the bank’s Serangoon Gardens branch.
What should form part of Budget 2023 for the tech sector?
A skills-based tech development was amongst the recommendations.
Global MNCs drive ‘strong’ Guoco Midtown take-up
To date, GuocoLand has achieved an 80% pre-commitment take-up.
AA REIT appoints new non-excutive independent direct
Vivienne Zhaohui Yu’s appointment to the board takes effect on 1 February 2023.
Freehold commercial building in Little India to be sold for $43m
The property will be put on sale via tender on 2 February.
TNB Genco, YTL PowerSeraya imports 100MW electricity to Singapore
The imported electricity will be supplied to Singapore commercially for the first time.
Grab names Philipp Kandal as new Chief Product Officer
He will lead the product vision and strategy for Grab.
Services sector’s business outlook dims for Q123
Sixteen (16%) per cent of firms foresee deteriorating business conditions.
Tender for Tampines North Drive 4 site opens
The site is under the first half of the 2023 IGLS Programme.
Unemployment rates return to pre-pandemic levels
In 2022, the overall unemployment rate was 2.1%.
Collective sale tender for Orchard Bel Air reopens
The property has a guide price of $587.5m.
MapleTree Pan Asia Commercial Trust's NPI soars 76.8% YoY to $179.4m in Q3FY22/23
Higher earnings from its Singapore portfolio were amongst the drivers of income growth.
EGM on KOM merger to be held on 16 February
Shareholders’ approval on the merger will be sought in the meeting.
CICT’s DPU went up 2.7% YoY to 5.36 cents in H2 22
Its distributable income was at $355.1m.
Manufacturing sector’s business outlook deteriorates
This as firms experience slow demand for manufactured goods.
Cromwell European Reit’s portfolio valuation down to $3.5b
The CEREIT’s portfolio reduced 1.6% compared to June 2022.
China’s economic reopening not enough to beat slowing global growth: IMF
A Reuters report showed that Singapore and ASEAN nations are affected.
Commentary
When it comes to AI, there is no such thing as too many chefs
The agility trap: Why most Singaporean businesses are structured for stability, not speed
Building a Southern Malaysia supply chain ecosystem for Singapore’s advanced manufacturing
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?