Singapore
Rage applying, moonlighting, and quiet quitting emerge as leading employee trends in 2024
Inadequate pay is among the main factors driving these employee trends.
IREIT Global’s portfolio valuation dips 2.6% HoH in 2H23
The REIT portfolio valuation as of 2H23 was $1.3b (€899.0m).
FCT’s retail portfolio occupancy reaches 99.9% in 1Q24
The latest figure is 1.5%-pt higher than the 1Q23 record.
US emerges as the top source economy of Singapore's portfolio investment liabilities
Singapore's portfolio investment liabilities were at $593b as of the end of June 2023.
Daily Markets Briefing: STI down 0.1%; Top stock is DBS
DBS is the top stock despite a 0.468% decline.
KPMG urges Singapore to expand business perks to sustainability, AI, R&D
A Sustainability Credit Scheme was proposed to help firms with their ESG push.
MSIG Insurance launches personal accident plan with essential, recovery support
It offers payout and support in the event of accidental death or permanent disability.
Investment sales fall 26.8% YoY to $20.5b in 2023
The residential market accounted for 64.4% of total investment sales in 4Q23.
Ex-JP Morgan banker named chairman of Bahrain neobank Singapore Gulf Bank
Edmund Lee was formerly vice chairman of APAC for JP Morgan Chase & Co.
Industrial sales value drop 4.4% YoY to $3.6b in 2023
Notable transactions in 2023 include the sale of Jardine C&C Regional HQ for $142m.
The Arcady at Boon Keng sells 51 of 172 units on launch day
One-bedder and two-bedder types accounted for the majority of the sales.
ACRA revokes registrations of LW Business Consultancy and its director
The firm reportedly committed anti-money laundering breaches.
Private new home sales to start slow as buyers remain selective and price-conscious
The Arcady and Hillhaven sold more than 50 units each on launch day.
Auditor raises ‘material uncertainty’ on No Signboard
The company incurred a net loss of $4.7m in FY22.
Cromwell EREIT’s Nervesa21 achieves 70% occupancy
Universal Music Group is the anchor tenant of the office development in Milan.
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