News
Chart of the day: Slowing China exports drags Singapore’s growth
Chart of the day: Slowing China exports drags Singapore’s growth
Export to China has contracted to translate to a slowdown in Singapore’s own growth.
Trusted crypto literacy sought to protect consumers vs scams: Independent Reserve
Consumers should take deeper evaluation into their investment plans.
Children aged 0-6 to receive $200 in their Child Development Account
Around 230,000 children are expected to benefit.
China market recovery to boost ‘weakened’ electronics’ sector
Muted electronics sector led to a decline in the purchasing managers’ index.
STI falls 0.3% in August
Banks, Singtel, Jardine Group, and Keppel Corp supported the index.
FTSE Russell axes ComfortDelGro from STI
The transport company will be replaced by Emperador.
Sotheby breaks 15-year hiatus in SG with $24.5m sale
Tierfable (Animal fable) by Spies was the top-selling piece during the live auction, selling for $4m.
Earnings of prime retail malls will take longer to reach 2019 levels: Fitch
An example of these malls are those owned by Starhill Global Reit.
Chart of the day: Leasing volume of private residential units continues QoQ plunges
The contraction, however, was not due to slow demand but limited completions.
Market update: STI down 0.43%
City Developments Limited led the index.
CIMB Singapore raises deposit interest rate tenfold to up to 2% annually
StarSaver savings account holders can enjoy the new rate without any deposit caps.
Rents for high-end non-landed private residential units rise at fastest pace since 2014
In Q2, rents rose to $4.79 psf.
‘Nucleus of SG’s maritime supply chain’ Tuas Port opens
Its first three berths are now operational.
Weak share price for ST Engineering shows buying opportunity: report
ST Engineering is still resilient due to global aviation traffic.
MAS tacks $375k fine on UOB Kay Hian
The fine is for breaches in business conduct and anti-money laundering rules.
Two-thirds of businesses involved in corporate giving: Wong
This will build trust and unity in the society.
Golden Agri subsidiary defers listing in India
The subsidiary will explore opportunities to enhance shareholders' value in the meantime.
Commentary
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
Precious metal boom is a stress test for Singapore’s gold ambitions
Singapore’s global dispute fault lines