Singapore
Chart of the Day: SG’s prime rent for luxury lettings eases to 24.5% in Q2
Chart of the Day: SG’s prime rent for luxury lettings eases to 24.5% in Q2
The city has the highest rental value in the index.
Daily Markets Briefing: STI down 0.12%; Hongkong Land is top stock
Hongkong Land saw a 1.41% increase.
How data backup can benefit from artificial intelligence and machine learning
As Singapore businesses continue to generate more data than ever before, the importance of effective data backup and recovery strategies becomes increasingly critical. In recent years, artificial intelligence (AI) and machine learning (ML) have emerged as powerful tools in this field, transforming the way organisations approach data backup.
Singapore customers seek transparency amidst companies’ AI adoption growth
About 9 in 10 said they want to know whether they are speaking with AI or a human.
ST Engineering, Nutanix to enhance hybrid cloud competency in Singapore
They will develop a solution and a curriculum to train the country’s workforce.
CapitaLand Malaysia divests office property for around $15m
The divestment is expected to be completed by Q1 2024.
OxPay receives licence to offer e-money and account issuance
The fintech said it won’t have any material impact on the group’s financial statement this year.
GSH terminates sale of office units at PLUS Singapore
The company has also forfeited the 10% deposit of $3.8m the buyer has paid.
OUE Healthcare details 3 factors behind Healthway Medical’s delisting from SGX-ST
The proposed conditional exit offer for HMC’s delisting is $0.048 per offer share.
MAS slaps former Goldman Sachs managing director with lifetime prohibition orders
Roger Ng was involved in the 1MDB financial scandal.
SATS adds Sustenir Group’s executive chairman to its board
Pier Sigismondi will serve as an independent non-executive director of SATS.
Retail sales climb 1.1% YoY in July
Month-on-month, sales improved by 0.6%.
Luxury apartment sales take a hit from ABSD rate hike
In 1H23, luxury apartments’ sales value dropped to $964.67m.
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The ABSD rate hike in April led to the sales slump in the luxury apartments market.
Chart of the Day: Job postings drop 1.9% MoM in August
The recent drop left postings 17.6% lower than a year ago.
Singapore’s most notable architecture professionals under 40 of 2023
Many of the architects included in this year’s list are involved in sustainable developments.
Daily Markets Briefing: STI down 0.37%; Yangzijiang Shipbuilding is top stock
Yangzijiang Shipbuilding recorded a 1.84% growth.
2-storey warehouse facility on Jalan Ahmad Ibrahim on sale for $50m
The property at 310 Jalan Ahmad Ibrahim has a potential built-up area of 564,761 square feet.
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