Singapore
CICT net property income doubles to $472m in 1H2021
CICT net property income doubles to $472m in 1H2021
CapitaLand Integrated Commercial Trust’s committed portfolio occupancy was at 94.9% as of end-June.
Chart of the Day: SG Bitcoin price predictions
This chart from the inaugural Independent Reserve Cryptocurrency Index shows that more than 50% of Singaporeans believe Bitcoin’s value will increase past $50,000 in 2030.
Industrial production rockets with 27.5% growth
This is the highest industrial growth recorded since November 2010.
Data Compliance and Data Governance are imperative for Singapore's public sector
For the past years, Singapore has witnessed a significant increase in cybersecurity challenges. The threats and attacks in public agencies and private institutions caused a tremendous impact on the country’s data and security landscape. The call for better regulations in data governance, compliance, and security guardrails has elevated further the pandemic. The virtualised environment translates to an open playing field for potential cybersecurity threats.
Ascott Residence Trust distributable income rose 96% to S$63.8m in H1
This included one-off partial distribution of divestment gains of S$20m.
Mapletree NPI rose 14.3% to S$78.3m in Q1 FY21/22
This is attributed to the lower rental reliefs to retail tenants at Festival Walk and higher average occupancy from IXINAL Monzen-nakacho Building.
Tripartite committee formed to review workplace fairness: MoM
The Tripartite Committee on Workplace Fairness targets to complete its work by H1 2022.
Tripartite committee formed to review workplace fairness: MoM
The Tripartite Committee on Workplace Fairness targets to complete its work by H1 2022.
Luxury home sales break 11-year sales record amidst heightened alert
A total of 811 condos were sold in the last quarter, the highest since Q4 2010.
Keppel secures US$600m separately managed accounts
The SMAs are focused on global infrastructure projects.
Keppel DC REIT net property income up 8.4% for 1H2021
The company said their income was driven by its latest acquisitions.
Gov’t shells out $2b to extend support amidst reimplemented P2(HA)
The Jobs Support Scheme has been extended to 18 August.
DBS provides S$6.2b collateral-free loans to SMEs amidst pandemic
The bank is now allowing small- and medium-sized enterprises to avail the loan digitally.
June CPI remains elevated at 2.4% YoY
MAS upgraded its 2021 official headline CPI from 0.5%-1.5% YoY to 1%-2% YoY.
Daily briefing: White House defence secretary to visit Singapore; Manufacturing output growth speeds up 27.5% in June
And Health Ministry clarifies roadmap in treating COVID as endemic remains.
Core inflation eased to 0.6% in June
Inflation for all items meanwhile remained unchanged at 2.4% YoY.
Xero, UOB to allow SMEs access to digital accounting platform
SMEs that qualify for the UOB Start digital pack will be offered six months of free access.
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