Today’s Headline

Private properties rental price rose 1.3%, while HDB rentals dropped by 0.6% average. Rented flats decreased by 16.1%.”

Today’s Outlook

Booming VC industry will find it easier to setup here locally with eased rules: simplifying processes, none or lesser capital requirements, no valuations and so on.”

US retail sales increased 0.7% and CPI (consumer price index) rose 0.6%.”

“Local firm Keyfields aiming to move its business to Indonesia for potential growth. Indonesia rises up as the most attractive country for businesses.”

New private property sales increased by 17.6% year-on-year, with 3.8% increase in sales last month – possibly due to developers cutting prices.”