News
Economists cut GDP growth forecast to 0.6% : MAS survey
Economists cut GDP growth forecast to 0.6% : MAS survey
Q3 growth is expected to come in at an average of 0.3%.
Bus and train fares may rise 7% after train review
Rail operators stands to gain whilst ComfortDelGro’s prospects remain neutral.
D'Grove Villas relaunched for sale at $392m
It can be redeveloped into a 36-storey, 141,120 sqft luxury condo.
Temasek's US$3b stake sale in A.S. Watson put on hold: report
The move is blamed on Brexit and the political unrest in Hong Kong.
OUE C-REIT and H-TRUST merger kicks into effect to create $6.9b entity
Its market cap and free float are set to increase to approximately $2.9b and $1.1b, respectively.
Share buyback consideration hits $70.1m in August
23 SGX-listed stocks bought back 71.5 million shares.
Chart of the Day: Private home completions to fall to five-year-low in 2019
Only 863 units were added in Q2.
Daily Markets Briefing: STI up 0.25%
OCBC led the gains amongst top active stocks with a 1.19% climb.
Daily Briefing: Temasek co-leads beauty tech platform Social Bella's $55.71m series D round; Over 5,000 families failed to get a BTO flat
And 555 vegetation fires were recorded in the first half of the year.
CPF assets up 6.63% to $374.87b in 2018
It is ranked as the world's ninth largest pension fund.
91% of Luxus Hills development sold during weekend preview
Thirty-two homes were sold by Friday, prompting the developer to release the remaining 46 homes for sale.
DBS extends hybrid human-robo investment portfolio to retail investors
They can access four to seven ETFs with a minimum investment sum of $1,000 or US$1,000.
Can the aviation sector withstand visitor downturn?
Their significant overseas portfolios will help them weather the rough flight.
Tax revenue rose 4.4% to $52.4b in FY 2018/19
Corporate income tax represented 31% of total revenue.
FCT acquisitions to boost growth: analyst
The purchase of PREAFL could give it the distinction as Singapore’s third-largest retail REIT.
CRCT completes acquisition of companies holding stakes in three Chinese retail malls
CapitaLand now has an interest of approximately 34.4% in the divestment companies.
Parc Clematis sold 70% of units in weekend launch
Units were sold for an average selling price of $1,580 psf.
Commentary
Machine-speed AI mistakes are Singapore’s next governance test
Banks need to rethink identity governance for AI agents
As Singapore broadens retail investing, who moves before the news?
Can controlled sandboxes prepare Singapore organisations for production AI?
What the latest sanctions regimes mean for Singapore businesses
Singapore’s tourism economy depends on security infrastructure most never see
Where does value creation really happen?
Managing the cost of diverging standards: Why Singapore matters
Singapore’s AI ambition has an intelligence problem
Singapore is deploying AI at speed – and security risks are catching up