Singapore
Singapore, Hong Kong reinforces ties with 7 new MOUs signed
Hong Kong Chief Executive John Lee visited Singapore as part of a week-long ASEAN trip.
Singtel to develop end-to-end 5G Intelligent Edge Aggregator
This will help customers gain real-time insights and support their operations.
Office unit at Suntec City Tower 1 sold for $11.5m
Suntec City end-users and family offices were sought by investors from China, Hong Kong and India.
Mortgagee listings keep dropping amidst a lack of buyer interest
There are 22 mortgagee listings in Q2 2023.
Amazon, EnterpriseSG and SBF roll out cross-border brand launchpad
The programme over 100 local MSMEs to grow in the US.
Auction listings up 9.3% QoQ in Q2
The success rate was 4.9%, with four properties knocked down.
Incumbent banks unlikely to take hit by neobanks' deposit cap raise: Fitch
Digital banks could face challenges beyond funding.
Property investments drop 5.7% QoQ to $3.8b in 2Q23
Colliers attributed the decline to high borrowing costs.
Singapore outperforms omnichannel spending in Southeast Asia
The market’s omnichannel spending accounted for 57.6% of retail spend in 2022.
SG-based VC firm invests in remote respiratory monitoring healthcare startup
The funding will be used to expand Aevice solution to patients in Southeast Asia.
SG, Dubai, and Bangkok are expected to lead H2 prime residential capital growth
The Lion City’s capital value for the first half is at 0.1% hit by construction costs.
Inflation eases to 4.5% in June
MTI attributed the moderation to lower food and services inflation.
Daily Markets Briefing: STI declines 0.4%; Mapletree Industrial Trust is most active stock
Mapletree Industrial Trust stopped trading at 1.33% up, at 5:24 p.m.
545 Orchard Road up for sale: CBRE
The site has a guide price of $928m.
Singaporeans keen to invest in travel despite high living costs
Singaporean Gen Z’s travel to mentally recharge and alleviate stress.
Cromwell European REIT’s portfolio valuations slip in H1
It experienced a slight decline of 1.6% or €36.1m (S$54.4m) versus 31 December 2022.
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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