News
Unsold residential units doubled to over 34,000 in 2018
Unsold residential units doubled to over 34,000 in 2018
This was driven by the softening en bloc sales.
Mapletree Industrial Trust receives SGX approval to raise $201m via private placement
The proceeds will partially fund the firm’s Tai Seng acquisition.
NODX slipped 10.1% in January
This is the worst NODX performance since October 2016.
Facebook and IMDA kick off accelerator programme
Eleven startups made up the first batch of Startup Station Singapore.
Singapore extends CHAS subsidies for chronic conditions
The subsidies will be extended to cover all Singaporeans regardless of income.
Taxi drivers could bear brunt of diesel tax hikes
Duties will be raised from $0.10 to $0.20 per litre.
Daily Briefing: Razer to close digital game store; Logistics startup Moovaz scores funds from Silicon Valley-based VC
And the first of four customised submarines designed for operations in Singapore is unveiled.
Chart of the Day: Singapore 2019 defence spending hits 12-year high
The government is allocating 30% of the budget to defence from 18.5% in 2018.
Daily Markets Briefing: STI up 0.81%
Don't expect gains today.
Frasers Property arm to buy stake in PGIM Real Estate AsiaRetail Fund for $356.4m
The 17.83% stake is equivalent to 94,013 shares.
ThaiBev Q1 profits ballooned 150.7% to $322.23m
The Thai economy continued to seal growth amidst the rise in private consumption.
DBS full-year profit surged 28% to $5.63b
Fee income hit $2.78b as led by card and wealth management.
4 in 5 SMEs expect more business incentives from Budget: survey
Firms aim to address in manpower and cost challenges.
Singapore total trade breaks $1t again after four years
But momentum could taper off as growth could slow down in 2019.
Nine in 10 peak-hour trips could take less than 45 minutes by 2040
A seamlessly connected transport system could save commuters 15 minutes everyday.
Daily Markets Briefing: STI down 0.41%
Continued US-China trade negotiation optimism may boost the local bourse.
Daily Briefing: Singapore finance minister aims a cautious budget; HDB unveils first new-generation neighbourhood centre
And personal finance startup DollarsAndSense acquires insurtech platform fundMyLife.
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