News
Lingering concerns over banks’ asset quality “overblown”, says Nomura
Large-scale defaults are isolated cases.
Overall retail sales down 5% in January
Due to low food & beverage sales.
Billions of reserves being used to prop up weak SGD
Reserves have fallen by US$34bn since July.
Almost 13,000 workers laid off in 2014 on back of heightened restructuring
Mainly from the services and construction sectors.
Profit-taking the culprit behind banks’ underperformance
They are down by 4% YTD.
Labour crunch feared to hit "unprecedented" level: DBS
It's unlikely to ease in the near-term.
GLP's robust leasing momentum continues with seven new leases
New leases totalled to 160k sqm.
KepCorp fails to breach mandatory acquisition threshold, extends closing date for KepLand
It now owns 85.1% of KepLand.
Chart of the day: Residential resale prices hardest hit by policy curbs
Prices dropped by up to 10%.
Daily Markets Briefing: STI down 0.1%
But expect a rebound today.
Daily Briefing: Changi remains world's best airport; Rise in former homeowners applying for public rental flats
And makeover plans for Toa Payoh, Woodlands and Pasir Ris.
Singapore firms’ M&A appetite wanes on back of intensifying global headwinds
It’s the only ASEAN country to see a drop in appetite.
Super Group takes small, shaky steps to full recovery in 2015
There’s room for cautious optimism this year.
LTA to add 42 trains to the NEL, CCL starting this year
New trains will arrive beginning 2H15.
Rising number of ex-homeowners applying for public rental flats a ‘worrisome’ trend: MND
Almost 6 out of 10 applicants used to have their own homes.
How much do top-level Singapore execs get paid?
They have the highest pay in the region.
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