Singapore
Commercial real estate investment soar 74% YoY to US$5.6b in Q2
Singapore had the strongest performance amongst APAC markets.
Singapore beat other APAC markets in terms of commercial real estate investment volume in Q2, a report from MSCI Real Assets unveiled.
OCBC enables direct CPF account top-ups from digital app
This makes OCBC the first bank to enable this outside of the CPF website.
Chart of the day: Condo resale volumes falls 30.7% in July
Only 1,248 units were resold in July, a decrease of 6.7% from June.
Investor performance for semiconductor giants ‘strong’ in July
Investors are also seeing an opportunity in Taiwan Semiconductor Manufacturing Company.
Condo resale prices rise 1.2% MoM in July
This marks the 24th straight month of price increase for the market.
PropNex Limited's net profit drops 17.1% YoY to $28.3m in H122
The decline was on the back of its marginally lower revenue.
Massive NIM expansion backs increase of DPS in 2023: analyst
DBS, OCBC, and UOB posted expansion in the second quarter (Q2) of 2022.
46% of Singaporeans want to spend their money the most on international travel
Singaporeans said they will likely spend $3,468 when visiting countries overseas.
Fullerton Health completes RRJ Capital-led merger
This came after the healthcare provider reached a settlement with two ex-directors.
Tripartism must be enhanced for new employment models: Tan
Under tripartism, union, government and employers must collaborate.
Parkway Life REIT's net income rises 1.1% to $56.0m in H122
The increase was driven by higher rents from its Singapore properties.
Singapore FinTech Festival makes in-person return in November
The event will include a physical exhibition of 500 leading firms in Fintech.
Avoiding mistakes for cyber preparedness
Industries that are regulated and operating critical infrastructures are expected to be more prepared against cyber-attacks, says KPMG Singapore’s Lee Ser Yen.
Frasers Property eyes yearend sales launch for Sky Eden @ Bedok
The development will have 158 residential units and 12 commercial units.
SG must transform amidst shift in international economic conditions: PM Lee
To transform, Lee said Singapore should increase its productivity.
Declining consumer demand, inflation to bite retail sales’ full-year growth: RHB
Retail sales are expected to grow 10% in 2022 from 11.1% in 2021.
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