In Focus
Singapore's infrastructure gap expected to be one of the world's smallest by 2040
By then, the country’s infrastructure gap is tipped to hit US$400m compared to the global gap of $19t.
Singapore's infrastructure gap expected to be one of the world's smallest by 2040
By then, the country’s infrastructure gap is tipped to hit US$400m compared to the global gap of $19t.
Virtual banks pose threat to Singapore's small and foreign lenders
However, the tech upstarts hardly pose a challenge to the Big Three.
Flexible working operators to snap up 550,000 sqft of office space by end-2019
There are 141 such players located across Singapore.
REITs and tech firms drive Singapore's M&A frenzy
Over 10 companies that have been privatised or in the process of being bought out YTD.
Property investment sales up 30.7% to $5.85b in Q2
Heavyweight office deals accounted for 47.1% of overall sales.
REITs eyed to boost Singapore's IPO landscape
The sector accounted for almost half of the US$36.16b raised since 2009.
eBay to bridge more SMEs to 179 million-strong buyer base
It partnered with the Singapore Institute of Retail Studies to train SMEs in cross-border trade.
Singapore joins digital banking race with five licenses up for grabs
The five licenses are split into two full digital and three wholesale.
Singapore's prime office occupancy costs climbed 17.3% in Q1
Tightening vacancy and strong absorption drove rents up to $154.84 psf.
Expat living is cheaper in Singapore than Hong Kong: study
A cup of coffee in Singapore costs about $6.77, compared to a $9.48 cup of coffee in Hong Kong. Although Singapore moved one notch in the world's costliest cities for expats, the city still trails behind Hong Kong which holds the distinction as the world's priciest, according to Mercer's annual cost of living survey. Singapore also trails behind Tokyo which occupies second place. The high cost of living in Singapore was fueled by sustained demand for quality housing and rising affluence.
CBD Grade A supply hit 25.1 million sqft in Q1
There were 8.7 million sqft of supply in Raffles Place/New Downtown.
Will virtual banks threaten Singapore's big three?
Newcomers still have to create significantly large funding and capital bases to contend with incumbents.
Singapore trails behind China and Saudi Arabia in AI healthcare adoption
Less than a third of Singaporeans have access to their digital health records.
One in 10 firms forecast 0-5% revenue declines in 2019
Only 37% of businesses expect moderate growth between 5-15%.
Singapore overtakes Hong Kong in cross-border commercial property investments in Q1
Investment from the city rose 23% to US$21.8b in the 12 months to Q1 2019.
Luxury homes buck residential sales decline in May
Sales have come to a relative standstill, with the exception of homes priced above $2,000 psf.
Industrial property sales jumped 27.6% to $1.3b in Q1
Major transactions include factories in Tuas South Avenue and Banyan Drive being sold for $585m and $227.5m, respectively.
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