Singapore
Vacant buildings to turn into hostel accommodation for SG’s foreign HCWs
Vacant buildings to turn into hostel accommodation for SG’s foreign HCWs
The retrofitted rooms are for newly employed Singapore public healthcare workers.
IHH Healthcare grants approval for Agilus IPO plans
The timing of the IPO will be determined by Agilus and Fortis.
Sabana Reit unitholders vote: external manager out, internal manager in
More than 50% of votes were cast for both resolutions.
SingPost sees integrated 4PL platform and AI to reshape e-commerce logistics
SingPost’s logistics capabilities contribute 70% of its $1.9b revenue, according to CEO of International Business Li Yu.
Daily Markets Briefing: STI up 0.53%; Sembcorp Industries is top stock
Sembcorp Industries traded 8.75% up.
Experts unveil 3 factors that will drive up retail sales in 2H23
Economists expect the market’s sales momentum to improve in the remaining months.
Buyer fatigue? LakeGarden Residences sells less than 25% of its units during launch
The Wing Tai development has a total of 306 units.
Elite Commercial REIT posts 24.2% YoY lower DPU of £0.0194 in 1H23
On a quarter-on-quarter basis, DPU grew by 6.4%.
Altura EC receives strong demand from HDB upgraders
Units allocated for second-timers during the launch got sold within the first 3 hours of sales.
Consortium to test charging abilities of ECVS on commercial e-vehicles in SG
The Busways-Shell Consortium is accepting corporate enquiries for trial testing.
Singapore is the top-performing residential market in APAC: study
The Lion City registers as the top-performing market with an 8% YoY increase.
Asking prices of rental properties drop since 2018: report
Property Guru said the rental index fell 2.9% QoQ in Q3 2023.
Yanlord Land presales down 37.7% to $4.27b in 7M 2023
Presales fell but a larger gross floor area (GFA) was contracted during the period.
OUEH’s profit attributable to the company down nearly 80% in H1
Its revenue, however, increased 85% year-on-year (YoY) to $78.7m.
Jardine C&C number of shares rise to 19,000
Per share amounted to $33.90.
Retail sales climb 1.1% YoY in June
Month-on-month, however, sales fell by 0.8%.
F&B sales growth eases to 7.2% in June
In April, F&B sales grew 8.7% YoY.
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