In Focus
Singapore sheds barriers to EV adoption
Singapore sheds barriers to EV adoption
To encourage EV usage, 28,000 chargers will be deployed nationwide by 2030.
CBD Grade A office transactions down 15.4% in Q4
Buying activity went sour despite the healthy demand for office spaces.
Everything you need to know about the Big 4's reactions to Budget 2020
Find out what EY, Deloitte, KPMG, and PwC have to say about the Budget.
Singapore Budget 2020 Full Coverage: COVID-hit sectors to get $4b and GST hike moved to 2025
The budget deficit could hit $5.1b in 2020, the government injects $1.6b into the CPF Housing Grant, and $1b gets pumped into cybersecurity measures.
Strata office sales jumped 30.4% to $1.2b in 2019
Their average price rose 8.8% as more were sold in prime locations.
Singapore leads APAC in open banking
Its robust fintech ecosystem and API adoption propels its leading position.
60% of F&B businesses are not prepared for COVID-19
Restaurants are expecting revenue to be halved in the next three months.
Strata retail sales down 14.4% to $341.1m in 2019
The number of transactions was down to 203 caveats lodged.
Singapore becomes top choice for governing law
Dispute resolution has become a focal point of legal activity, thanks to the country’s open regime.
Insurance firms tap into big data for new products
Total assets of the 50 largest insurers went down 6.47% to $217b in 2019.
Vietnam's tech investments beat Singapore for 2019
18% of capital deployed to Southeast Asia went to Vietnam, outpacing Singapore's share of 17%.
S-REITs hit 2% returns in 2020
Keppel DC REIT leads the pack with an average total return of 13%.
Conscious consumerism, experiential selling are the top retail trends for 2020
Singaporeans are willing to pay premium prices for products that are more sustainable.
Economy to contract 1% in Q1 amidst nCov outbreak: analysts
The manufacturing sector’s PMI will likely return to contraction in February and March.
Office supply to tighten over the next decade
This may allow rents to rise 20% in the CBD over 2020-2022.
Robotisation could boost economy by $100b in 2030
This GDP growth comes with a high robotisation rate of 44%, according to Oxford Economics.
Extensive booking cancellations loom for hotels amidst nCov outbreak
CDL Hospitality Trust and Ascott Residence Trust already reported cancelled bookings.
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Commentary
SG60: What the next 10 years have in store for Singapore’s investment landscape