SINGAPORE – Rents of non-landed private homes in Singapore fell by 0.9 per cent in April 2018 over March, while rents of HDB flats rose by 0.4 per cent over the same period, according to flash estimates released by real estate portal SRX Property on Wednesday (May 9). Year-on-year, rents for private apartments and condominiums […]
Read MoreSINGAPORE: Within minutes of using an app to book a ride, Agostino Fernandes was looking down on lush greenery from a helicopter taxi high above Bangalore — one of several Uber-style chopper services taking off to help commuters tackle increasingly congested megacities. In under 30 minutes — a quarter of the time it would have […]
Read MoreMAS is collaborating with the EDB, IMDA and IBF to accelerate the adoption of AI in Singapore’s financial sector through: (1) developing AI products, (2) matching users and solution providers, and (3) strengthening AI capabilities. According to the latest press release, the Monetary Authority of Singapore (MAS) is collaborating with the Economic Development Board (EDB), Infocomm Media Development Authority […]
Read MoreAGAINST a backdrop of anti-globalisation rhetoric and trade tensions, like-minded nations must persevere with efforts to deepen economic connectivity and embrace free trade, Minister-in-charge of Trade Relations S Iswaran said on Tuesday morning. Although the uneven distribution of gains from globalisation and technological advances has led to rising protectionist sentiment, the benefits of free trade […]
Read MoreSINGAPORE banks appear to be firing on all cylinders in the first quarter of 2018, with loan growth at a healthy clip and much of the bad loans behind them. All three banks are expecting loan growth of just under 10 per cent for the full year. Analysts are, however, watching developments in trade tensions, […]
Read MoreRIDE-HAILING company Grab said on Monday that it has been rolling back its discounts for customers and incentives for drivers, but maintained that users are still getting good value on its platform. Grab Singapore head Lim Kell Jay told the media that incentives and promotions have been “trending down”, but that this took place even […]
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