In Focus
Fintech funding nearly quadrupled to US$453m in first six months of 2019
Fintech funding nearly quadrupled to US$453m in first six months of 2019
The number of deals surged 55% to 48.
Why new insurers are growing rapidly in Singapore despite low-cost offerings
The market share of FWD and Budget Direct, which both entered the market in 2016, have grown 2,704% and 7,400% respectively.
MTI downgrades 2019 GDP growth forecast to 0.0-1.0%
The economy grew by just 0.1% in Q2.
Maybank Singapore's strategy to drive wealth management costs down
The bank is enhancing its digital capabilities beyond portfolio reviews to support a growing number of online transactions.
Here's how firms spend their #insta budgets
Instagram-focused budgets are something that wasn't seen one or two years ago, said marketers.
Landlords cash in on Singapore's coworking boom
Landlord-operated brands include csuites by Lendlease which occupies 72,000 sqft, whilst Guoco Midtown will set aside up to 97,500 sqft of their NLA for flexible spaces.
SGX daily average value down 8% to $1.1b in July
The turnover value of ETFs also dropped to $189m.
Retail sales down 8.9% to $3.5b in June
Motor vehicles industry sales led the decline.
Banks face risk of rising credit costs as bad assets mount
Net new NPA formation for all three banks rose in Q2, higher than FY18 quarterly averages.
Ultra-rich foreigners scramble for luxury homes in Singapore
The purchase of two luxury homes by British billionaire James Dyson may just be a sign of more big-ticket purchases to come.
Flextime, unlimited vacation days on the cards amidst sluggish salary growth
Technology firms are scrambling to upgrade their perks programmes to include parental leaves, free meals, and hiring package upgrades, consequently becoming companies of choice for half of candidates.
Bitcoin bother puts crypto platform on trial
Singapore International Commercial Court decided that cryptocurrencies are properties traded with trust.
Strata-titled retail units sales skyrocket 105% to $130.6m in Q2: Knight Frank
63 strata-titled retail transactions were lodged in Q2, up 50%.
Household incomes up 2.4% to $11,780 in 2017-2018
An average of $4,910 a month is spent on goods and services.
Singapore's hotel RevPar hits $185 in H1
The luxury segment drove most of the half-year gains.
Can air taxis take flight in Singapore's skies?
Passenger air vehicles are having trouble taking off because of the city’s good traffic conditions and regulations.
Beyond Japan: Sompo Holdings Asia's journey towards a sturdy retail platform
The insurer seeks to build and reinforce brand awareness for direct consumers in key Asia Pacific markets.
Commentary
SG60: What the next 10 years have in store for Singapore’s investment landscape