In Focus
Asset headwinds spell trouble for Singapore banks
OCBC and UOB have both flagged downgrades in some of their corporate accounts.
Asset headwinds spell trouble for Singapore banks
OCBC and UOB have both flagged downgrades in some of their corporate accounts.
Manufacturing output up 4% in October
Output from the biomedical manufacturing sector jumped 24%.
Home price hikes could persist until Q3 2020
Although prices normally rise for 8.7 quarters, global headwinds could suggest shorter growth.
Consumer confidence falls to lowest in 2 years
Confidence fell to 89 points in Q3 amidst recession concerns and rising food prices.
Uncompleted home listings surged 45% to 3,628 units in Q3
62.7% or 2,275 units were from 12 newly launched projects.
Over 1,300 food delivery riders could get hit by e-scooter ban
Deliveroo and foodpanda said they will stop working with errant riders in light of the ban.
Tightened rules on auditing call for higher tech and workforce investments
The Big 4 are strenghtening their audit advisory services and expanding into cybersecurity and compliance.
What's next for Singapore's mature power market?
Growth for power producers lies in innovations geared towards grid transition, according to S&P Global Ratings.
Growth of grade A office rents stalls as tenants delay expansion plans
Rents hit the wall after eight consecutive quarters’ growth.
New condo sales jumped 49.2% to 3,198 units in Q3
All regions recorded growth in new sales, with the largest surge being seen in OCR.
Top three S-REITs averaged total return of 50% YTD
Ascendas India Trust leads the pack with a total return of 52.7%.
Shrinking supply pipeline could be boon for hospitality sector
With few new hotels in sight for Singapore, hoteliers are ready to raise room rates.
Singapore steps up efforts to boost FX ecosystem as Hong Kong closes in fast
Citi launched a pricing engine that cuts the time it takes to route a trade between Singapore to Tokyo.
Property agencies join forces in bid for survival
Eleven of the firms in Singapore Business Review’s 2017 list of largest real estate agencies no longer exist.
Singapore's local M&A deal value poised to hit 3-year high in 2019
The private equity sector is banking on market volatility and has been driving up deal values.
Corporates challenge VC's for deals
The number of deals involving a corporate investor rose to 28% in 2018 from 9% in 2016.
Singapore crypto backer shakes off bubble fears in hunt for next big thing
The crypto-focussed arm of Golden Gate Ventures believes crypto has the potential to outgrow even the internet.