Singapore
Chart of the day: HDB resale flats price index grows 3.4% in Q4 2021
Chart of the day: HDB resale flats price index grows 3.4% in Q4 2021
This is due to the low supply caused by construction delays.
Development prospects to become a regional economic centre of Vietnam
Continuous high economic growth for many decades has helped Vietnam in having a good foundation to keep up with the leading economies of ASEAN.
Financial services M&A deals reached $12.61b in 2021: KPMG
The deal value skyrocketed from $2.86b in 2020.
Holistic changes needed for the logistics industry to thrive
Over the past few years, e-commerce’s popularity has soared tremendously, as restrictions on mobility drove more and more people to shop online.
ESR-REIT and ARA LOGOS unitholders to discuss proposed merger
The meeting will be held on 21 March 2022.
Frencken Group Limited’s PATMI rises 38% YoY to $58.7m
Excluding a loss of $6.2m in FY2020, PATMI would’ve increased 20.4% in FY21.
CapitaLand Investment posts 2021 net profit of $1.35b
It reversed the net loss of $559m in 2020.
SingPost’s operating profit rises 46% YoY to $38m
The increase was driven by higher profit in domestic post and parcel.
What to expect from newly opened Hilton’s largest hotel in APAC
The Hilton Singapore Orchard has 1,080 rooms and suites and enhanced facilities.
First Resources Limited’s full-year profit soars 61.6% YoY to $218.23m
This is on the back of its record-breaking sales of $1.4b in FY21.
MFA urges Russia to 'peacefully' settle dispute with Ukraine
The government urges parties to settle the dispute peacefully.
Open source is critical to the competitiveness of Singapore’s financial services industry
It’s no exaggeration to say that financial services are critical to Singapore’s future prosperity. The country has long punched above its weight in the global financial services industry, serving as a strategic operational base for a huge number of major international organisations to do business throughout Asia. As a result, the sector is responsible for approximately 200,000 jobs and accounts for around 10% of Singapore’s GDP each year.
SIA sees first quarterly profit of $85m since pandemic onset
Thanks to an increased demand for air travel in December 2021.
CDL hits earnings with $129.7m H2 profits
It also achieved an all-time high record of 2,185 units sold for the year.
Pine Grove Parcel A site tender could attract bids as high as $637m
This amount translates to a land rate of $1,250 psf per plot ratio.
Bad working conditions? Only 5 in 10 will stay with their employers in 2022
SG’s employee retention rate was the lowest in APAC at 53%.
Chart of the Day: Top 10 industries with most salary growth in 2021
Almost 50% of SG jobs show pay growth, JobStreet reported.
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