News
Singapore nabs 8th spot for fastest growing UHNWI markets
Singapore nabs 8th spot for fastest growing UHNWI markets
New ultra-rich individuals are emerging from its vibrant startup scene.
Banks' NIMs to degrade after US Fed's surprise rate cut
DBS and UOB guided declines of 5-7bps.
M1 partners with MVNO Geenet to provide WiFi services for dorms
Geenet will use M1’s infrastructure to offer data, SMS, local and international calls.
Headwinds in pharma industry could hurt revenues
Companies face challenges in clinical trials and intellectual property.
HDB scraps ROF exercises for unsold flats
Unselected flats from SBF exercises will be offered straight for open booking.
Women are travelling more to exotic destinations: study
Botswana and Armenia are becoming popular with Singaporean women.
SingPost cuts pay for SVPs and higher by 5%
Its measures amidst the COVID-19 outbreak will be reviewed on a quarterly basis.
CAD orders TEE International to show documents on ex-CEO's remittances
Phua Chian Kin admitted to using company funds for his personal use.
Premier's 2,000-strong taxi fleet to join RYDE network
Premier’s taxi drivers will be able to take jobs through their screens.
HDB resale prices up 1% in February
Five-room inched up by 1.2% and executive rooms rose by 0.9% YoY.
PUB to invest $190 in flood mitigation projects
This includes the construction of a detention tank in Little India.
SIA expands list of flight suspensions
Affected flights include South Korea, Japan, Taiwan and more parts of Southeast Asia.
Big three banks' wealth income expanded 18% in FY2019
Wealth made up 31% of OCBC and UOB’s total income.
Daily Markets Briefing: STI up 0.18%
YZJ Shipbuilding saw the sharpest decline amongst top active stocks with a 2.72% contraction.
Chart of the Day: Singaporean investors favoured office properties in 2019
It outsped industrial and logistics assets in investment value.
Daily Briefing: About 14,000 hawkers to get rental fees waived; NEA introduces Deposit Refund Scheme for beverage containers
And logistics startup Moovaz raised an undisclosed series A funding from SC Angels.
Hyflux to reallocate advisor fees after WongPartnership exit
It initially planned to satisfy at least 75% of SIAS’ advisor fees.
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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
Rethinking fleet ownership in a changing business landscape