News
AI Singapore, Temus join hands to accelerate AI adoption amongst local firms
The partnership between the two companies will realise Singapore's vision to be a Smart Nation.
AI Singapore, Temus join hands to accelerate AI adoption amongst local firms
The partnership between the two companies will realise Singapore's vision to be a Smart Nation.
Economic growth slows in Q123
The economy grew 0.1% YoY.
No policy tightening as core inflation expects to ease by end-2023
The central bank evaluated that the current policy band is sufficiently tight.
Daily Markets Briefing: STI up 0.14%; Mapletree PanAsia Commercial Trust is most active stock
REITs are leading the index.
Chart of the Day: Business parks’ vacancy rate in city fringe stayed up
For the first time in two years, it grew to 5.3% from 3.5% in the final quarter of 2022.
Price-sensitive homebuyers become cautious due to inflation
Increasing borrowing costs and economic uncertainties contribute to this.
Luxury homes prices lagged in city-fringe and suburban counterparts
Prices for luxury non-landed homes are at $5.50 psf pm.
Islandwide office vacancies grow up 0.1 to 5.1% QoQ
But vacancies for Core CBD's 'Grade A' offices dip to 3.9% from 4.2%
New F&B container park to open on Cosford Road
The container park spans 38,000-square feet.
How many years do Singaporeans need to work to become a millionaire?
The average wage of Singaporeans is $6,612 (US$4,930).
StanChart’s VC arm invests in fintech platform BetterTradeOff
The platform will use the investment to boost its digital wealth advisory capabilities.
CapitaLand Investment issues $425m fixed rate senior notes
The notes are due in 2030 with a fixed rate of 4.20%.
Singapore ready to provide liquidity to keep financial system stable: MAS
Minister Shanmugaratnam assured that the central bank conducts annual stress tests.
SGX RegCo warns investors on dealing with Digilife shares
Its share price has climbed steadily from $1.12 on 6 January.
Daily Markets Briefing: STI down 0.34%; Top stock is Hongkongland
The most active stock is HongkongLand.
Manufacturing-related stocks post S$52m net inflows in Q1, returns dip 0.5%
Shipping firms Sembcorp Marine and Yangzijiang Shipbuilding were the most traded manufacturing-related stocks on SGX last quarter.
Lentor Central site to get ‘lukewarm response’
Developers may be cautious in bidding due to pipeline supply.