News
Morgan Stanley beefs up Asian wealth team
Morgan Stanley beefs up Asian wealth team
It will hire 50 RMs in Hong Kong and Singapore over the next three years.
Manulife arms its agents with personal websites in bid to enhance customer relations
Digital Stars will allow customers to pick agents of their choice.
Bottoms up: The worst is over for ThaiBev
After 13 months of negative growth, beer production rose in the last few months of 2018.
Chart of the Day: S-REITs maintain strong gains in January
Lippo Malls Indonesia Retail Trust recorded a return of 18.1%.
Daily Briefing: Singapore firms are not investing enough in employee training; Urban planners revive Singapore's 50ha in unused spaces
And boutique investment bank W Capital Markets is on a hiring spree.
Daily Markets Briefing: STI down 0.45%
Investors were optimistic about easing trade tensions.
Ministry of Law to introduce new laws on copyright and commissioned work
Creators will be given a new right to be attributed as the creator of the works regardless of whether they still own the copyright.
More firms embrace flexible work arrangements: MoM report
Proportion of firms offering at least one formal FWA increased by 3% to 53% in 2018.
Singapore non-oil domestic exports dropped 8.5% in December 2018
It was dragged by the 11.2% decrease in the electronics segment.
Over half of Singapore's workforce unsatisfied with their current job: report
Healthcare workers were ranked as the most motivated and less stressed.
Government urged to introduce tiered tax concessions for firms that enhance cyber resilience
KPMG says in its Budget 2019 wishlist that it may encourage corporations to develop their risk management, vigilance and governance for cyber attacks.
Half of Singapore online businesses lament regulatory barriers in expansion: survey
Nearly 40% spent $68,800 to $137,800 on compliance per year.
Daily Briefing: Ofo faces suspension after breaching multiple regulatory requirements; Sunseap buys minority stake in Australian solar construction firm Todae Solar
And Tampines Avenue 10 executive condominium site receives seven healthy bids from developers.
Chart of the Day: iEdge SG All Healthcare Index hit -3.3% return in 2018
The top performing constituent is Top Glove which saw its returns hit 40.6% in 2018. This chart from the Singapore Exchange (SGX) shows that the iEdge SG All Healthcare Index saw a total return of -3.3%. This is compared to the total returns of -6.5% for the Straits Times Index (STI), -3.2% for the MSCI Asia Pacific Health Care Index, and -16.5% for the MSCI Asia Pacific ex-Japan Health Care Index. According to SGX, the five best-performing constituents of the iEdge SG All Healthcare Index include Top Glove Corp (+40.6%), Camsing Healthcare (+19.5%), Aoxin Q & M Dental (+10.5%), Pharmesis Intl (+8.7%), and Riverstone Holdings (+7.9%). In 2018, SGX noted that the five healthcare plays have averaged a total return of +8.6%, bringing their three-year and five-year total returns to -3.5% and +63.3%, respectively.
Daily Markets Briefing: STI up 0.52%
Wall Street's gains could buoy local sentiment.
Kampong Java Road residential site clinched for $418.38m
However, last year's cooling measures may have resulted in its subdued land rate of $1,192.
SIA passenger load factor up 0.3 ppt to 85% in December
Cargo load factor slipped 3.5 ppt.
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