Singapore
MOF subjects residential properties transferred into living trust to 35% ABSD
MOF subjects residential properties transferred into living trust to 35% ABSD
The ABSD will apply to transfers made on or after 9 May.
Manufacturers facing more expensive production costs: UOB
This after the Purchasing Manager’s Index showed higher input prices in April 2022.
Retail sales to expand by 6.0% in 2022: forecast
Domestic retail environment to be supported by further border reopening.
Market Update: STI down 1.38%
Jardine Cycle & Carriage is the only firm in the green.
How Bank-Genie is granting the financial wishes of the unbanked
The startup helps banks open remote branches for just $100.
Keppel O&M gets around $250m worth of integration FPSO contracts
The contracts were from repeat customers.
Freehold good class bungalow on Joan Road on sale for $48m
The price is $1,628 per square foot.
FLCT’s DPU rose by 1.3% in H1
It went up to 3.85 cents from 3.80 cents.
SIA Engineering Company's group profit rises to $67.6m
The increase was driven by higher flight activities.
MPA ramps up fuel testing after contamination of over 200 vessels
Chlorinated Organic Compounds will be included in the list of chemicals for testing.
High Court convicts masterminds in 2013 Penny Stocks Crash
Soh and Quah controlled 187 trading accounts to manipulate stock prices.
F&B sales up 4.7% YoY in March 2022
Total sales value was estimated at $806m.
Corruption-related cases rise by 4% in 2021: CPIB
The majority of the cases were from the private sector.
Retail sales jump 8.7% YoY in March
The increase was driven by larger growth in mutiple industries.
5 in 10 workers expect a pay increase amidst unpaid extra labour
Employees said they do 6-10 extra hours of unpaid work each week.
Market update: STI down 0.17%
ThaiBev showed the most growth.
HDB resale prices up 1.1% MoM in April
On a yearly basis, overall price for HDB resale increased by 11.9%
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