Singapore
CDL Hospitality Trust’s Q3 NPI drops 6.8% YoY
CDL Hospitality Trust’s Q3 NPI drops 6.8% YoY
Weaker performance in five markets, including Singapore, attributed to the drop.
M1 to acquire 70% stake in Vietnam's ADG for $37.8m
It expects to complete the acquisition in the first quarter of 2025.
COTD: Office vacancy rate up 11.0% QoQ in Q3
Office space occupancy declined by 3,000 sq m (nett) in Q3.
COTD: Shophouse transactions fall 20% QoQ and 56% YoY in Q3
Transaction value fell alongside volume.
Private home sales fall 1.3% in 9M 2024 as buyers await new projects
The new projects could boost private home transactions in Q4, said experts.
Consumers' excitement over AI fades as trust in responsible use declines
Comfort with AI dropped 11% over the past 12 months.
Singapore's hiring activity falls 5% YoY in September
On a sequential basis, however, activity rose by 7%.
Pharma growth defies Singapore IP decline prediction for September
Industrial production increased by 9.8% increase during the month.
ICAEW updates accountancy qualification for next-generation students
The aim is to build technical study and workplace learning closer together.
ST Engineering to deploy its smart water solution for Aegea in Brazil
It is scheduled to be operational by the end of 2024.
Gov't authorizes COVID-19 vaccine from Pfizer and BioNTech
Non-clinical data showed better response compared to the Omicron XBB.1.5-adapted vaccine.
Frasers Property unveils One Bangkok
Its retail component spans 160,000 sqm and will feature over 900 stores.
Shophouse prices in prime districts soften in Q3 as sales lag
Districts 1 and 2 only had two 99-year leasehold shophouse transactions.
Changi Airport cuts traveller clearance time to 10 seconds with passport-less system
Close to 1.5 million travellers have benefited from the setup.
Winking Studios plans dividend policy tied to AIM listing by December
It intends to distribute 5% to 15% of its annual profits.
PGIM Real Estate and Elevate Capital acquire Stamford Court for $132m
They will rejuvenate the asset into a living, co-working, and lifestyle space.
iFast Corporation Q3 net profit jumps 97.3% YoY to $16.81m on strong revenue
Gross revenue for the period was $99.14m.
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