Stories By: CNBC (80 Articles Found)

Filter
  • Filter Articles By

  • Date Range

  • Categories

    • Select Category

  • Articles

    • Select Type of Articles

  • Topic 1

    • Select Topic 1

  • Topic 2

    • Select Topic 2

  • Topic 3

    • Select Topic 3

Singapore is not yet halfway through its coronavirus outbreak, says minister

Singapore’s total coronavirus cases have surged in recent weeks to one of the highest in Asia — but the country is not even halfway through its outbreak, according to MND Minister Lawrence Wong. “This is still the first…

Singapore shuts schools and closes most workplaces temporarily to stem the spread of coronavirus

Singapore’s PM Lee on Fri announced stricter social distancing measures in the city-state. He said the situation in Singapore is under control, but noted that the number of reported cases have increased from fewer than 10 a day…

Demand for online grocery and food delivery ticks higher in Singapore amid coronavirus outbreak

After a brief period of panic-buying in Singapore earlier this month amid the coronavirus outbreak, more people are said to be going online to purchase groceries and other items. RedMart, Lazada’s grocery arm, said it is “currently seeing…

White House explains why it chose Singapore to host summit with North Korea

If all goes to plan, US President Donald Trump will meet with North Korean leader Kim Jong Un on June 12 in a tiny but wealthy corner of SEA. The White House explained why Singapore got the nod…

You can now stay in an entrepreneur-only hotel — and pay for it in bitcoin

You’ve heard of co-working spaces, but how would you like to share your sleeping space with other entrepreneurs? That’s the idea behind Tribe Theory, a new “venture hotel” that specifically targets entrepreneurs and start-ups. Made up of capsule…

We tested out this hotel robot (and it wasn’t totally competent)

Robots may be gradually entering the workforce, but as CNBC recently found after testing a hotel robot in Singapore, they’re not completely flawless. CNBC ordered a few items to a room at the M Social Hotel, from AURA,…

Singapore’s crime rate is so low that many shops don’t even lock up

Singapore was recently ranked second on the Economist Intelligence Unit’s (EIU) Safe Cities Index for 2017, coming in just behind Tokyo. In 2016, the island nation’s police reported 135 total days without any crimes. That low crime rate…

MAS: Singapore property cooling measures remain necessary

Singapore’s property cooling measures, which have dampened residential sales and prices since their introduction in 2009, remain necessary, the city-state’s central bank said on Thurs. “Our key property market measures remain necessary for a stable and sustainable residential…

Secretive and apparently delayed, SEA’s first Apple Store to open in May: Sources

It’s news that will have Apple fans in the region rejoicing: The tech giant’s first store in SEA is expected to open in May, according to CNBC sources. The launch of the Singapore store has been shrouded in…

These Asian cities are becoming smarter, but at what cost?

Innovation does not always have to mean a lighter phone or a slimmer TV: Hong Kong and Singapore are innovating to become smarter cities aimed at social improvement for their urban populations. Singapore’s Smart Nations program is focused…

Singapore property will ‘at best’ remain stable in 2017, says DBS executive

Sentiment in the Singapore property market appears to be improving after the government eased some of its curbs on the sector, but unsold inventory will still weigh in the short-term, a DBS executive said Tues. Speaking to CNBC’s…

Singapore’s Mar inflation highlights tough times for landlords

Inflation in Singapore came in below expectations in Mar, data released Mon showed, as residential rents continued to spiral lower. The consumer price index in Mar rose 0.7 percent on-year and 1.2 percent from the previous month. While…

Singapore’s property prices to double by 2030: Morgan Stanley

The protracted downtrend in Singapore’s property market is poised to end next year, with home prices set to double by 2030, Morgan Stanley said in a Wed note. “Property market bears expect slower population growth, an ageing population,…

Is Singapore’s property market headed for a quick upswing?

After a long, plodding downtrend, Singapore’s housing market may be gathering forces for a rebound. Sigrid Zialcita, MD for APAC research at Cushman & Wakefield, told CNBC’s “The Rundown” last week that she expected a turning point in…

Inside Singapore’s most extravagant homes, where fortunes are at stake

The outlook for Singapore’s most exclusive properties is leaving property analysts and top agents at odds as market conditions and initial data points paint a conflicting picture. Statistics collated by URA and data from CBRE show high-end sales…

Even in weak market, racial bias trumps profit for many Singapore landlords

In Singapore, many landlords prefer leaving their units empty to renting to certain ethnic groups. Owners of private residential properties routinely exclude individuals from tenancy based on ethnicity, even explicitly stating in advertisements that requirements are “no Indians/…

Chinese smart bike-sharing service Mobike rides into Singapore

A bicycle with airless tires, a solar panelled basket and a GPS tracker isn’t your typical mode of transport. But, Chinese bike-sharing company Mobike is betting the two-wheeled option takes off outside of its home market. The Beijing-based…

Shares of Singapore coffee shop owner perk up on debut

Singapore’s largest traditional coffee shop operator marked a stellar debut on SGX, with shares trading 120 percent above its IPO price on debut. “We are heartened by the reception that we have received for our IPO and look…

Singapore beats Hong Kong to claim title of ‘World’s Best Airport’

Research firm SkyTrax has named Singapore Airport “World’s Best Airport” for a fifth consecutive year over regional rival Hong Kong. “Winning the Skytrax World’s Best Airport Award for the fifth consecutive year is immense encouragement to our 50,000-strong…

Singapore’s surprise property moves applauded by businesses

Singapore’s largest listed property firm is broadly welcoming revisions to the city-state’s property cooling measures after more than 3 years of sinking prices. “Together with the government’s policies to support population and economic growth, such measures will help…

Singapore carbon tax to hit Shell, ExxonMobil margins: Analyst

Oil majors Royal Dutch Shell and ExxonMobil could see a 10 to 15 percent hit to profit margins at their Singapore refineries when the city state imposes a carbon tax in 2019, one analyst told CNBC. The Southeast…

How smart cities are building the future

Smart cities are coming. Municipal governments around the globe are employing big data and IoTs applications to improve many aspects of daily life. Major tech companies like IBM, Cisco and Microsoft are in on the trend, and are…

Singapore central bank chief: City-state’s property market stabilizing

Singapore’s once-bubbly property market has been stabilizing in the wake of a slew of cooling measures, the city-state’s central bank chief said. “The measures that have been taken have — with each passing month and quarter I think…

New peak as one less crane dots Singapore skyline

Singapore’s canyons of skyscrapers have a new peak with the opening of the Tanjong Pagar Centre on the fringes of the CBD, sitting atop one of the wealth city state’s busiest train stations. The complex has been dubbed…

Singapore central bank says property vacancy rate a risk worry

Singapore’s property investors got a yellow card from the city-state’s central bank in its annual financial stability review. “Before investing in property, investors should be aware that rising vacancy rates, declining rentals and impending interest rate increases mean…

Singapore home sales volume up but prices still falling

Cooling measures sent Singapore’s housing market into a long hibernation, but some analysts point to signs of a spring awakening in sales volume, if not yet prices. Tan Min Lan, head of APAC investment office for UBS Wealth…

Singapore government focuses on recycling, but residents fail to play their part

Singapore has impressive public waste-management systems, but there’s just one problem – its residents aren’t pulling their weight when it comes to household recycling. The land-scarce Asian city-state generated about 8,400 tons of solid waste a day in…

Google’s new APAC headquarters in Singapore is a blend of office building and tech campus

The company that redefined what a modern work space should look like is adding to its portfolio with the official opening of its new APAC headquarters in Singapore. Its new space is a blend between a campus and…

Singapore’s commercial property faces a gloomy outlook. Here’s why

The outlook for Singapore’s commercial property, including retail, office and industrial space, may have turned grim, according to forecasts from Colliers. Singapore’s retail landlords and tenants face “challenging times,” Colliers said in a note dated Mon, forecasting demand…

Singapore property market shows superficial signs of recovery but problems run deeper

Don’t believe the hype about a Singapore property pick-up, Nomura said, as it addressed some “half-truths” about one of Asia’s long-time real estate hotspots. That came as buyers and sellers looked cues for whether the city-state’s property market…

Sign In to Bookmark This Story

Sign In with Google