News
Business receipts of service industries rise 3.9% YoY in 2Q23
Business receipts of service industries rise 3.9% YoY in 2Q23
Recreation & Personal Services had the highest growth in revenue amongst industries.
Manufacturing output dips 0.9% in July
Excluding the biomedical manufacturing segment, the output would’ve grown by 1.7%.
Daily Markets Briefing: STI increases 0.26%
Sembcorp Industries, highest stock, closed trading at 2.28%.
SBV joins Singapore’s central bank and other ASEAN countries in RPC initiative
It will boost collaboration on payment connectivity.
CGS-CIMB rolls out Vietnam ETF on SGX
The ETF can raise around $35m.
Gen ‘Z’ to change the course of insurance: Igloo
The emerging trends include embedded insurance, pet insurance, and gaming insurance.
MOH, Australia sign MOU to boost health coordination amidst ageing population
Potential collaborations are in aged care, primary care, and health financing.
IMDA and tech ecosystem partners to help SMEs in automating and integrating workflows
Enterprise automation firm will work to onboard 1,500 SMEs in the scheme.
Other markets may overtake SG data centre capacity: study
This is due to a limited pipeline of planned and under-construction supply.
Atome rises as the most popular BNPL option in SG
In Asia, the platform ranked second most popular behind Klarna.
SG and Qatar ink 5 MOUs for water-related research and business digitalisation
The MOUs also include cooperation in social development, family, and education.
SP Group to develop smart energy solutions for industrial park in Vietnam
Frasers Property Vietnam is the developer of the industrial park.
PropertyGuru reports $6m net loss in 2Q23
The company recorded a net loss despite a 12% YoY increase in its revenue.
Singaporeans unveil 3 considerations when selecting digital travel platforms
Six in 10 will compare prices on different platforms before booking accommodation.
MAS assigns a price of $2.8b for 50-year green SGS bond
The green bond’s yield of reopened issue of 3.04% per annum.
Daily Markets Briefing: STI fell 0.01%; The top stock is Sembcorp Industries
The most active stock is SCI, trading 2.28% up.
SG’s Income Insurance, Swiss Re reveal first post-cancer term option
The coverage is available to patients aged 74 to 54 years old.
Commentary
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
Beyond the chips: The materials behind Singapore’s AI infrastructure
How homegrown brands are redefining premium in Asia
AI in hospitality: Where should Singapore’s F&B operators draw the line?