Singapore
Here’s why August sales broke the record for million-dollar HDB resale flats
Here’s why August sales broke the record for million-dollar HDB resale flats
A total of 54 HDB resale flats were sold for at least $1m during the month.
Economists unveil 3 risks to Singapore’s economic growth
Experts expect the economy to grow 1.0% in 2023.
Chart of the Day: How confident are board members in handling cybersecurity threats?
Singapore is the third-most confident when it comes to cybersecurity decision-making.
Daily Markets Briefing: STI up 0.12%; ThaiBev is top stock
Thai Beverage increased by 2.61%.
How new technology is enabling Singapore, APAC to transition to a clean future
Data centres are the backbone of Singapore’s digital economy – powering e-commerce, the Internet of Things (IoT), Artificial Intelligence (AI) services, and online collaboration tools. Despite their ubiquity, data centres have come under scrutiny for their vast and often unchecked consumption of natural resources.
Almost eight out of 10 board members in SG perceive generative AI as a security risk
Despite being positioned as a cybersecurity advocate, board members in Singapore feel the last prepared.
Singapore could be affected by increasing rice prices
The El Nino and India’s non-basmati rice ban contributed to the price increase.
Guotai Junan Futures enters Singapore’s derivatives market
It is the sole futures and derivatives platform of Guotai Junan Securities in Singapore.
Hotel room rates for the Singapore Grand Prix shoot up to $880
Compared to 2022, room rates have risen by 27%.
What can weigh down Singapore's financial market?
Economists cited three factors.
Freehold 5-storey shophouse along Hongkong Street on sale for $47.5m
There will be no ABSD or SSD imposed on the property transaction.
Combined wealth of Singapore’s richest climbs 8% YoY to US$177b
Meta Platforms’ co-founder, Eduardo Saverin, is Singapore’s richest person.
HDB resale prices rise 7.2% YoY in August
Month-on-month, prices rose by 0.6%.
Tax revenue up 13.1% YoY in FY22/23
The government collected $68.6b in tax revenue for the period.
Over $4b in grants distributed to businesses, workers: IRAS
More than 120,000 enterprises received grants from the agency.
Retail sales flatline in July but expects rebound in H2
However, outside factors like negative job market conditions could put a drag on its growth.
How many bids will the Lorong 1 Toa Payoh site attract?
Developers may bid cautiously due to recent tepid responses to GLS tenders, experts warned.
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