Located at one-north, Hubtricity is managed by telco StarHub and provides co-working spaces for companies to engage in innovation.
According to the authorities, small- and medium-sized enterprises will receive around 70 per cent of the sum disbursed.
Singapore stocks rose to their highest level in one and a half years on Thursday (Mar 16), taking cues from overnight gains on Wall Street after the US Federal Reserve signalled a more gradual pace of monetary tightening.
Economists polled in the quarterly survey say they also expect the unemployment rate to be 2.4 per cent at year-end.
This is part of Infineon’s push to implement what it calls a Smart Enterprise Programme, encompassing horizontal, vertical and digital integration.
Margins declined amid domestic and external headwinds, the General Insurance Association says.
The adjustments to the seller’s stamp duties and total debt servicing ratio framework may be the first moves to relax property cooling measures, but analysts say the targeted changes are unlikely to have a significant impact on the property market.
All mainboard initial public offerings (IPOs) will have to allocate 5 per cent of their stock offering, or S$50 million, whichever is lower, to retail investors, says the Singapore Exchange (SGX).
"The Government closely monitors our economy, and stands ready to take decisive action if needed,” says Minister for Trade and Industry (Trade) Lim Hng Kiang.
Industry analysts said the new concept can help to optimise yield amid a soft office property market outlook, while providing startups and freelancers access to prime locations and regional networks.