Singapore
FairPrice to offer discount offsetting GST raise
FairPrice to offer discount offsetting GST raise
The discount will be implemented on national brands and house-brand groceries.
Condo resale prices increase by 7.5% YoY in October
Across submarkets, OCR posted the highest year-on-year price increase.
Condo resale volume jumps 14.7% MoM in October
Over 800 units got resold during the month.
Soilbuild Group bags Tampines North Drive 4 site tender for $85.8m
Tender for the industrial site closed on 24 October.
MSIG S’pore launches anti-scam fix
The initiative is set to commence integration next month.
6 in 10 Singaporean firms with overseas operations forgo hiring locally
Firms cite three challenges in hiring local talents.
Finance executives unveil 3 business growth generators in the industry
Firms are embracing emerging banking models but showing reluctance towards AI adoption.
LHN Limited’s net profit drops 16.6% YoY to $38.2m in FY23
Despite lower profit, the company proposed a 71.4% YoY higher dividend per share.
Singapore’s FIs ready for asset quality risks: MAS
Financial institutions are in strong capital and liquidity positions and have healthy profits.
Netlink NBN Trust revises wholesale prices for 2 segments
The revised prices will take effect from 1 April 2024.
ARA US Hospitality Trust divests Hyatt Place Pittsburgh Airport for US$7.7m
The REIT expects to complete the divestment in 1Q24.
Business receipts of service industries rise 3.2% YoY in 3Q23
Recreation & Personal Services had the highest growth in revenue amongst industries.
Two adjoining Gentle Road properties sell for $30.9m
Pinnacle Projects won the tender for the properties.
Candidates speaking these languages can earn the highest salaries in Singapore
The trade and construction industry offers the highest salaries for foreign language speakers.
Why Singapore home buyers will be more discerning in 2024
Sales volume dropped 8.5% QoQ as prices continued to climb.
High-end non-landed home price growth momentum slows
It grew by 0.4% QoQ in the third quarter of 2023.
Here's how OCBC's new money lock feature works
The feature's purpose is to be a strong defence against malware and phishing scams.
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