Singapore

A total of 8 will be put up.

Purchase consideration was US$500,000.

Deal is already sealed.

The 60% stake sale is an evidence.

A whopping US$13m was spent for this purpose.

88% revealed they work beyond official hours.

Non-landed rents at S$3.74 psf pm surpassed previous record.

Because it hit lower RevPAR.

Thanks to sales of completed units.

The local currency has been appreciating against the greenback.

It won't even be hurt that much.

The corporate earnings season is in full swing.

And profit rose an impressive 22.9%.

Yes, it's a dip in profits.

Here are the stories from around the web that Singaporeans are talking about.

Developing unmanned aerial vehicles is its major thrust. Singapore Business Review spotted founders of an interesting local startup, Avetics, which started operation last year. Avetics develop Unmanned aerial Vehicles (UAVs) for non-military purpose. Founders Zhang Weiliang & Joshua Chao claims that their first product, the Falcon, can stay airborne for 1 hour and produce maps of 10x better resolution than Google Earth. “ We took about 1 year and countless hours of test flights to refine this method and we are now on par with our competitors,” said Weiliang.  Besides providing mapping service, Weilang said that Avetics also custom develop UAVs together with our customers. When asked what makes their company promising, here are a few trends that they claim are in their favour: