Singapore
Office and hospitality markets on the road to revival
Property experts said the shift of consumption to services gave two markets a lift in 2022.
Office and hospitality markets on the road to revival
Property experts said the shift of consumption to services gave two markets a lift in 2022.
RHB Singapore raises deposit interest rates to up to 5.5%
It attributed this to the “recent spate of competitive rising rates by local banks.”
RHB Singapore has joined the bandwagon of local banks that have raised the interest rates for their deposit accounts.
Legacy system to competitive advantage: How incumbents can win it all in the digitalisation race
The banking and capital markets industry has seen a monumental shift in how money is created, transferred, stored and owned. With the phenomenal growth of digitalisation - from the rise of cryptocurrency and blockchain, to new developments in open banking, businesses have what seems like endless opportunities at their feet. Despite this, Baker McKenzie’s digital transformation report revealed that 79% of executives in APAC still identify as digital laggards rather than digital leaders within their industry.
Helicap plays matchmaker for underfinanced SMEs
Its technology evaluates SMEs' funding needs and positions them as attractive investments.
SLA to roll out changes in remnant land charging framework
The updated framework includes a new rate for remnant land parcels.
ST Engineering bags $1.4b turnkey rail contract for Kaohsiung MRT Yellow Line
The contract was granted by Kaohsiung City Mass Rapid Transit Bureau.
GuocoLand to open preview for Lentor Modern on 2 September
The private condominium will be completed in 2026.
The show gallery for Lentor Modern will be open for preview starting 2 September, GuocoLand announced.
Once completed in 2026, Lentor Modern will become the first private condominium launch in the Lentor neighbourhood in more than two decades.
Lentor Modern is situated on a 1.7-hectare site and comprises three 25-storey residential towers above a mall with more than 96,000 square feet (“sq ft”) of F&B and retail shops, a supermarket and a childcare centre.
Crypto adoption further rose in 2022: study
About 20% of adults in Singapore own cryptocurrency.
The percentage of Singaporean adults who own cryptocurrency had gone up to 20% in 2022 from 16% last year, data from Finder.com showed.
Of those who own cryptocurrencies, 68% are men, whilst 32% are women.
Amongst types of coins, bitcoin was the most popular amongst Singaporeans (33%), followed by Ethereum (26%).
Rare 6-storey CBD shophouse in Boat Quay on sale for $45 million
It will be sold through an Expression of Interest exercise.
52 Boat Quay, a rare six-storey CBD shophouse located in the Boat Quay district, was launched for sale with a guide price of $45 million.
Its marketing agent, Savills, said the sale will be conducted via an expression of interest (EOI) exercise closing on 7 October, at 3 p.m.
According to Savills, 52 Boat Quay is the tallest of all the conservation shophouses situated along the Singapore River. Surrounding the property are office buildings like CapitaSpring, UOB Plaza1 and 2, One George Street, OCBC Centre and One Raffles Place.
Heads up for lower-wage workers: MOM orders $1,400 local qualifying salary
It will take effect on 1 September.
What’s fuelling demand for million-dollar flats? analyst explains
Price gaps and limited supply boost demand for the flats.
Rising inflation tops concerns of Singaporean consumers
An Ipsos survey revealed that 38% of them are "very impacted" by price increases.
Chart of the day: Export price index slips by 2.2% in July
It reversed the 1% gain in June.
Market update: STI down 0.59%
Jardine Matheson Holdings had the most growth.
Singapore set for full 5G standalone maritime coverage by 2025: IMDA
IMDA and MPA to establish the world's first and largest Maritime testbed at sea.
Grab, Singtel-led digital-only bank GXS debuts in Singapore
It has launched a savings account with a customizable pockets feature.
Over 1.6 million sq ft to be added to retail space inventory by 2030
Of the upcoming supply, 392,000 sq feet will be completed in the second half of 2022.
Read Here
Advertise
Sign Up
