News
Motor insurance plan for new and young drivers launched
Motor insurance plan for new and young drivers launched
Policyholders attending a safe driver programme can have additional premium loading cut by 10%.
Manufacturing output contracts 4.8% In March
The electronics segment fell 15.3%.
Online hiring for banking roles up 28% in March
Singapore figures outpaced that of Malaysia and the Philippines.
Eagle Hospitality Trust lodges IPO prospectus
It plans to float its initial portfolio of 18 hotels across the US worth US$1.27b.
Overall unemployment rate holds firm at 2.2% in March
The manufacturing sector continued to shed workers.
GuocoLand's profits fell 12% to $35.01m in Q3
Lower sales of completed condo units continued to drag on earnings.
Retail space prices down 1.9% in Q1: URA
Rentals of retail space also saw a decline of 0.2%.
Venture Corporation profits grew 8.6% to $90.87m in Q1
The broad-based growth in its technology domains and customer programme executions boosted earnings.
Office prices jumped 3% in Q1: URA
Total supply grew to 733,000 sqm gross floor area of office space in the pipeline.
Private home prices down 0.7% in Q1: URA
Prices of landed homes rose 1.1% and reversed the 1.1% decline of private condo prices.
HDB resale prices dipped 0.3% in Q1
Prices ranged from $250,000 for a 3-room flat in Toa Payoh to $720,000 for a 4-room flat in Queenstown.
CapitaLand Mall Trust's Funan hits 90% pre-leasing mark
The office portion has commitment rates of over 92% whilst the retail portion is slightly behind at 87%.
Hyflux gets one-month lifeline extension
It had asked the court to let it prolong its search for a rescue investor.
Far East Hospitality Trust's Q1 RevPAR could have slid 3% sans Oasia Hotel Downtown
Weaker corporate demand led to a soft quarter for Singapore RevPARs.
SGX net profit rose 2.8% to $99.7m in Q3
Its REITs sector contributed 20% of the overall securities daily average value in the quarter.
Daily Markets Briefing: STI down 0.36%
Don't expect gains today.
Chart of the day: Mobile service revenue could fall 6.5% in 2019
The slowdown in enterprise segment and pricing pressures would continue to drag on revenue.
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