Though luxury rents are rising, Singapore’s rental market could cool by the end of the year, with more than 2,000 luxury units expected to become available. Luxury rents are still rising worldwide, and Singapore is leading the way,
Singapore jumps 10 places to 8th spot in global start-up ranking
S'pore now ranked third in Asia, behind Tel Aviv (fifth globally) and Beijing (seventh globally). Read more at straitstimes.com.
TikTok to invest billions of dollars in Southeast Asia to boost e-commerce business
Short video app TikTok, owned by China's ByteDance, said on Thursday it would invest billions of dollars in Southeast Asia over the next few years, as it doubles down on the region amid intensifying ...
Singapore to put more police robots on the streets
Singapore will "progressively deploy" more patrol robots across the city-state, police said Thursday, after more than five years of small-scale trials."The SPF plans to progressively deploy more ...
Deutsche Bank Hires Credit Suisse’s Head of SEAsia Real Estate
Deutsche Bank AG has hired Credit Suisse’s Angelo Coloma to help lead the real estate, gaming and leisure client coverage team in Southeast Asia. ( read original story ...)
Singapore new home sales at 1-year high despite cooling measures
New home sales in Singapore jumped to the highest in a year, official data showed on Thursday, despite a hike in taxes a month earlier to try to cool the market and discourage foreign buying. There ...
Boss moves: Drivers of Singapore cars spotted moving barricades to cut queue at Causeway
While no one likes a queue cutter, some people still do it anyway. In a Facebook video uploaded on June 14, a black Singapore-registered Mercedes was seen slipping through a gap in the barricades ...
Singapore middle distillates stocks rise on Mideast, India imports
SINGAPORE, June 15 (Reuters) - Middle distillates stocks at key trading hub Singapore rose for the fourth consecutive week on higher imports from the Middle East and India, official data on Thursday ...
Lifting of sea sand export ban not linked to S’pore investment in Kalimantan: Jokowi
Indonesia lifted a 20-year-old ban on sea sand exports, causing some concerns among environmentalists. Indonesia first banned sea sand exports in 2003 and eventua ...
Singapore stocks gain on Thursday as Fed pauses rate hikes
Quiet optimism over news that the United States has hit the pause button on interest rate hikes helped local shares make gains on Thursday amid mixed trading in the region. Read more at ...
Will Singapore move in the direction of US, and consider a ban on non-compete clauses in labour contracts?
The Manpower Ministry and tripartite partners are developing a set of guidelines “to shape norms and provide employers with further guidance” on including non-compete clauses in labour contracts.
Singapore’s Tight Labor Market Is Showing Signs of Cooling
Singapore’s labor market expanded at the slowest pace in six quarters in signs of cooling demand that may help tamp down price pressures.Most Read from BloombergBiggest Losers of AI Boom Are Knowledge ...
Siemens unveils big investments in China and Singapore factories
Siemens’ new €200mn plant in Singapore, which is set to employ 400 people ... and which are looking for the next technology?” he said at the time. “It’s China in very many cases.” But Siemens’ China ...
Siemens to Make €2 Billion Investment to Boost High-Tech Plants
Siemens AG will invest €2 billion ($2.2 billion) to expand high-tech manufacturing, including a new plant in Singapore and an expansion at its Chinese plant in Chengdu.
Siemens to invest US$2.2 billion to ramp up global production; plans new plant in Singapore
ZURICH: Siemens will spend €2 billion (US$2.16 billion) on a new global investment plan, the German engineering and technology group said on Thursday (Jun 15), as it gears up to meet increased demand ...
Siemens to invest $2.2 bln to ramp up global production
Siemens will spend 2 billion euros ($2.16 billion) on a new global investment plan, the German engineering and technology group said on Thursday, as it gears up to meet increased demand triggered by ...