Singapore
Condo resale prices up 9.2% in May
Condo resale prices up 9.2% in May
A $14.08m condo in Yong An Park was the most expensive unit resold for the month.
AIMS APAC Reit reports nearly 70% valid acceptances under preferential offering
The preferential offering ended on 22 June 2023.
Study shows a 54% increase in ransomware incidents in Singapore
Most businesses in IT and manufacturing were affected by this increase.
Rising advertising costs main barrier in talent acquisition, say hiring leaders
Over 83% say cost of accessing job boards is also prohibitive.
Yangzijiang secures contract to build 6 methanol dual-fuel vessels for Maersk
The six vessels will replace currency capacity within Maersk’s fleet.
Sabana unitholder ESR Group releases open letter amidst Quarz issue
ESR Group wants to establish some considerations before the unitholder's resolutions.
Providing a Circular Logistics Solution for Beauty Industry: Bolloré Logistics receives award win for end-of-life product material recycling project
By rethinking the final journey of beauty products before it reaches the trash centres, the company challenged the conventional non-recycling disposal approach of expired finished goods with a new recycling process determined by the degree of mixed materials and contamination.
Daily Markets Briefing: STI down 0.06; Yangzijiang Shipbuilding is top stock
Yangzijiang Shipbuilding is the most active stock.
Inflation momentum to ease further into 2023: analysts
RHB expects core inflation to decline 0.1% to 0.2% MoM in Q423.
Final settlement not accepted by GuGong: No Signboard
It was open for acceptance until 5 p.m. on 21 June 2023.
999-year leasehold GCB site in Chestnut Drive on sale for $22m
PropNex Realty said the site will be sold via expression of interest.
$1.4b life sciences and innovation cluster unveiled in science park rejuvenation
CapitaLand said the cluster adds 180,600 sqm to back biomedical R&D.
Manufacturing output drops 10.8% in May
Excluding the biomedical manufacturing segment, the output would’ve fallen 13.0%.
Yangzijiang Shipbuilding clinches contract for the construction of 3 CABU III vessels
The company will construct the vessels for Norway-based Klaveness Combination Carriers ASA.
More than half of Singaporean parents prefer sustainable products
This is despite sustainable items being more expensive.
Prime Grade office rents in Raffles Place and Marina Bay up 1.2% QoQ in Q2
The rents averaged $10.96 per square foot per metres.
Which companies generated the most value out of their CEOs in 2022?
One way to measure this is by looking at a company’s Net Profits After Tax.
Commentary
What matters for Singapore’s AI future is consistency, not brilliance
The AI pilot worked. Now comes the real test
Are Singapore startups’ employee incentive plans still competitive?
Singapore’s small exporters need credit that matches their payment cycle
The hidden realities of succession for next-gen heirs
In Asia, fintech leaders must compete on credibility
F1 on a gravel road: Why AI is still stuck in first gear
Why AI blocklists give Singapore firms a false sense of security
When scale arrives before proof: Singapore’s capital allocation question in Southeast Asia