Singapore
Singapore falls to eighth spot in global innovation index
But it is still the region's top-ranking economy ahead of Korea, Hong Kong, and China.
Singapore falls to eighth spot in global innovation index
But it is still the region's top-ranking economy ahead of Korea, Hong Kong, and China.
Average CBD Grade A office rents jumped 12.6% to hit 10-year high in Q2
Rates in Beach Road/Bugis Area rose 18% to $9.18 psf pm.
Mapletree Logistics Trust could embark on $500m acquisition spree by FY2020
Possible acquisitions could come from China or Vietnam.
Frasers Property unit to issue $200m fixed rate subordinated perpetual securities
This will be combined with its previously issued $400m perpetual rates securities.
8 in 10 Singaporeans expect pay hike when switching jobs
Locals expect a 17% increase in pay when changing employers.
Daily Briefing: Lakepoint en bloc sale launched $640m; Singapore's Ocean Tankers gear up for new IMO rules
And Singapore chipmakers slash headcounts as semiconductors sales fall 10-12%.
Daily Markets Briefing: STI down 0.14%
OCBC led the gains among top active stocks with a 0.52% increase.
Chart of the Day: Tourists could account for a fifth of retail sales by end-2019
Tourist expenditure on shopping grew at a 10-year CAGR of 3.4%.
HDB inks deals to develop cooler and smarter homes
The trials for cooling innovations in HDB flats will start in Q1 2020.
Mapletree Industrial Trust's NPI grew 12.2% to $77.92m in Q1
New revenue contributions from 18 Tai Seng and 30A Kallang Place drove up earnings.
Frasers Centrepoint Trust NPI down 1.1% to $34.6m in Q3
The absence of property tax refund hit income.
Sembcorp unit to sell 80% stake in Chinese water treatment plant for $23.7m
SLWC will cease to be part of the group upon completion of the deal.
A multi-cloud checklist that businesses need
According to Dell Technologies's Digital Transformation Index 2019, 40% of Singaporean businesses are planning to invest in multi-cloud frameworks over the next three years.
Daily Briefing: TTG clinches $10.8m investment from UK-based Librae; Banking tech pay surge to nearly $100,000 annually amidst talent crunch
And SFA is actively promoting the fintech online platform APIX.
Daily Markets Briefing: STI up 0.47%
KeppelCorp led the gains with a 1.08% rise.
Banks' loan growth could hit 5% by end-2019
A slew of enbloc and infrastructure projects will boost lending activities.
Chart of the Day: Total office supply in CBD to hit 3.3 million sqft by 2022
Marina Bay will account for most of its stock.
Read Here
Advertise
Sign Up
