News
Singapore scam losses surge 70% with $1.1b in 2024 fraud
Singapore scam losses surge 70% with $1.1b in 2024 fraud
69% of banking executives in Asia Pacific now consider scams and mule accounts to be the dominant fraud concern.
Creator-led retail space opens in Dempsey Hill
Reverie On Hill (ROH) positions itself as Singapore’s first creator-powered retail space that offers shoppers incentives
Microsoft launches first Southeast Asia lab with AI focus
The move is aimed at deepening the company’s artificial intelligence (AI) research, industry collaboration, and talent development efforts.
Industrial space hits 54 million sqm despite occupancy dip: JTC
Despite this softening, occupancy has remained relatively stable at around 89% since 2023.
Singapore records lower waste levels in 2024
The overall recycling rate continued to hover around 50%.
Moomoo Singapore surpasses 1.5 million app users
The investment app has launched an AI investment assistant.
Over 80% retailers confident in growing international sales
More than half favour their own e-commerce websites.
CBD office rents steady in Q2
It was up by 1.1% QoQ, the highest increase since Q2 2023.
Mapletree Logistics Trust’s DPU down 12.4% YoY in Q1
Its net property income stood at $153.4m, a 2.1% YoY decline.
Civmec lands over $506m in new contracts, extensions
This also includes works from Luerssen Australia.
Elite UK REIT gets green light for Scotland student housing conversion
Following its development, the property will have a gross development value of $41.6m.
Dunearn Road freehold site up for sale for $60m
It has a part single or part two-storey detached house on a 24,189-square-foot site.
SingPost appoints new lead independent director
Gan Chee Yen will replace Fang Ai Lian.
STB, OpenAI sign MoU to power AI shift in tourism sector
It aims to boost visitor experiences and industry efficiency.
ST Group to liquidate UK subsidiary
This follows the Australian-headquartered company's plans to exit the UK's Gong Cha brand.
COTD: More than five in 10 Singaporean elite traders embrace risk
83% believe risk has a high impact on the success of their trades.
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Commentary
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