Singapore Business Review - Issue 106![Add to My Favorites Add to Favorites](/static/icons/filled.svg)
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Singapore Business Review - Issue 106![Add to My Favorites Add to Favorites](/static/icons/filled.svg)
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In this issue
The Year of the Wood Dragon ushers in opportunities, changes, and prosperity. If you are looking for ideas to grow your wealth, investment experts we interviewed on page 38 believe that investing in private and alternative assets is a smart financial move to start off 2024.
Expats from Hong Kong set to boost prime district home demand
With a significant number of C-suite executives relocating to Singapore from Hong Kong, experts anticipate a potential turnaround in the declining residential market, especially in prime districts.
![Expats from Hong Kong set to boost prime district home demand](https://reseuro.magzter.com/100x125/articles/14368/1587464/W3_TG40hM1706765296957/EXPATS-FROM-HONG-KONG-SET-TO-BOOST-PRIME-DISTRICT-HOME-DEMAND.jpg)
2 mins
Meet the five types of employees in Singapore
Five distinct personas are emerging in workplaces around the globe, and in Singapore, the most prevalent is the \"Road Warriors\" or employees who prefer flexibility over all else.
![Meet the five types of employees in Singapore](https://reseuro.magzter.com/100x125/articles/14368/1587464/lIILZmHpJ1706765589066/MEET-THE-FIVE-TYPES-OF-EMPLOYEES-IN-SINGAPORE.jpg)
1 min
'Silver spenders' spur investment opportunities
Singapore’s ageing population creates investment opportunities in the fields of healthcare, senior care, cosmetics, travel, leisure, and long-term financial planning, according to RHB.
!['Silver spenders' spur investment opportunities](https://reseuro.magzter.com/100x125/articles/14368/1587464/K16r1MEVh1706765651281/SILVER-SPENDERS-SPUR-INVESTMENT-OPPORTUNITIES.jpg)
2 mins
3 factors that can position SG as the market of choice for the halal industry
Businesses eyeing entry into the halal industry should strongly consider Singapore as their market of choice as the country is poised to become a global hub for halal, thanks in large part to the presence of Majlis Ugama Islam Singapura (MUIS) and its renowned certification scheme.
![3 factors that can position SG as the market of choice for the halal industry](https://reseuro.magzter.com/100x125/articles/14368/1587464/T3K61EK_E1706765707913/3-FACTORS-THAT-CAN-POSITION-SG-AS-THE-MARKET-OF-CHOICE-FOR-THE-HALAL-INDUSTRY.jpg)
1 min
Dozer slashes need for big teams in data app development
Data engineers can instantly build a data serving infrastructure instead of months.
![Dozer slashes need for big teams in data app development](https://reseuro.magzter.com/100x125/articles/14368/1587464/AKKlRxzjI1706765767248/DOZER-SLASHES-NEED-FOR-BIG-TEAMS-IN-DATA-APP-DEVELOPMENT.jpg)
2 mins
Aampe boosts app engagement with unique texts
The startup's e-commerce client recorded a 6.7% incremental additional purchase events from consumers after generating relevant marketing messages.
![Aampe boosts app engagement with unique texts](https://reseuro.magzter.com/100x125/articles/14368/1587464/hPhG6xrRd1706765832176/AAMPE-BOOSTS-APP-ENGAGEMENT-WITH-UNIQUE-TEXTS.jpg)
2 mins
Lendela redefines borrowing experience to fight isolation and stigma
The startup provides a platform for easy loan eligibility assessment using minimal personal data.
![Lendela redefines borrowing experience to fight isolation and stigma](https://reseuro.magzter.com/100x125/articles/14368/1587464/18WkB8YgF1706765900015/LENDELA-REDEFINES-BORROWING-EXPERIENCE-TO-FIGHT-ISOLATION-AND-STIGMA.jpg)
3 mins
Accor's Hotel Faber Park SG offers unique experience for culture-seeking travellers
Singapore's first Handwritten Collection hotel was inspired by the iconic Mount Faber.
![Accor's Hotel Faber Park SG offers unique experience for culture-seeking travellers](https://reseuro.magzter.com/100x125/articles/14368/1587464/mSOx3qxKp1706765973654/ACCORS-HOTEL-FABER-PARK-SG-OFFERS-UNIQUE-EXPERIENCE-FOR-CULTURESEEKING-TRAVELLERS.jpg)
2 mins
DPT service providers face higher costs under MAS' investor protection measures
MAS has required all providers to hold customers' money and assets in a trust.
![DPT service providers face higher costs under MAS' investor protection measures](https://reseuro.magzter.com/100x125/articles/14368/1587464/nbvqYJQ8Q1706766054789/DPT-SERVICE-PROVIDERS-FACE-HIGHER-COSTS-UNDER-MAS-INVESTOR-PROTECTION-MEASURES.jpg)
3 mins
Pay transparency trend relies on the labour market's future
If the labour market softens, firms can decide whether or not to openly disclose salaries.
![Pay transparency trend relies on the labour market's future](https://reseuro.magzter.com/100x125/articles/14368/1587464/-gzM-XFXa1706766121756/PAY-TRANSPARENCY-TREND-RELIES-ON-THE-LABOUR-MARKETS-FUTURE.jpg)
3 mins
How brands can avoid inauthentic throwback marketing
Analysts flag common errors in using nostalgia marketing and cite brand campaigns that are winning hearts.
![How brands can avoid inauthentic throwback marketing](https://reseuro.magzter.com/100x125/articles/14368/1587464/q_irSlTd61706766200851/HOW-BRANDS-CAN-AVOID-INAUTHENTIC-THROWBACK-MARKETING.jpg)
3 mins
ZALORA seizes opportunity in revenge tourists' purchasing power
The e-commerce platform added more travel-related items catering to the rise in travel searches from customers.
![ZALORA seizes opportunity in revenge tourists' purchasing power](https://reseuro.magzter.com/100x125/articles/14368/1587464/eTdDsVSMl1706766291498/ZALORA-SEIZES-OPPORTUNITY-IN-REVENGE-TOURISTS-PURCHASING-POWER.jpg)
2 mins
Indonesian challenger Fore Coffee brings its sustainability ethos to Singapore
The brand uses recycled materials to furnish each of its 150 coffee shops.
![Indonesian challenger Fore Coffee brings its sustainability ethos to Singapore](https://reseuro.magzter.com/100x125/articles/14368/1587464/N2aKWskhN1706766412488/INDONESIAN-CHALLENGER-FORE-COFFEE-BRINGS-ITS-SUSTAINABILITY-ETHOS-TO-SINGAPORE.jpg)
2 mins
Lylo elevates short term car rental services with care packages, delivery option
The company assures that renting a car in Singapore comes with convenience and peace of mind.
![Lylo elevates short term car rental services with care packages, delivery option](https://reseuro.magzter.com/100x125/articles/14368/1587464/XEmDNO6dF1706766481671/LYLO-ELEVATES-SHORT-TERM-CAR-RENTAL-SERVICES-WITH-CARE-PACKAGES-DELIVERY-OPTION.jpg)
3 mins
Trust Bank sets the bar for digital banking in the Asia Pacific region
After just one year in operation, it has enlisted 12% of Singapore's total population as customers.
![Trust Bank sets the bar for digital banking in the Asia Pacific region](https://reseuro.magzter.com/100x125/articles/14368/1587464/BId9_uJ5T1706766553351/TRUST-BANK-SETS-THE-BAR-FOR-DIGITAL-BANKING-IN-THE-ASIA-PACIFIC-REGION.jpg)
3 mins
How NETS is helping SMEs get the right data to raise their revenue
NETS has a network of about 10 million cards and 130,000 payment touchpoints in Singapore.
![How NETS is helping SMEs get the right data to raise their revenue](https://reseuro.magzter.com/100x125/articles/14368/1587464/aK7jr4H5Q1706766623607/HOW-NETS-IS-HELPING-SMES-GET-THE-RIGHT-DATA-TO-RAISE-THEIR-REVENUE.jpg)
3 mins
How OCBC's blockchain expertise is powering Singapore's digital currency ambitions
The bank is one of the institutions chosen to pilot wholesale CBDC use in 2024.
![How OCBC's blockchain expertise is powering Singapore's digital currency ambitions](https://reseuro.magzter.com/100x125/articles/14368/1587464/13-Dilxmy1706766682734/HOW-OCBCS-BLOCKCHAIN-EXPERTISE-IS-POWERING-SINGAPORES-DIGITAL-CURRENCY-AMBITIONS.jpg)
3 mins
10 investment ideas for 2024
Experts say it's time to shift from public to private investments.
![10 investment ideas for 2024](https://reseuro.magzter.com/100x125/articles/14368/1587464/B7N6TEgmP1706766738974/10-INVESTMENT-IDEAS-FOR-2024.jpg)
8 mins
4 bills businesses should know in 2024
One of the measures will screen investments in entities critical to Singapore's national security.
![4 bills businesses should know in 2024](https://reseuro.magzter.com/100x125/articles/14368/1587464/d8sZJ2vPv1706768106493/4-BILLS-BUSINESSES-SHOULD-KNOW-IN-2024.jpg)
3 mins
IPO scene under Singapore's threat from US, Australia
Homegrown firms such as Simpple and Grab chose to list in the US.
![IPO scene under Singapore's threat from US, Australia](https://reseuro.magzter.com/100x125/articles/14368/1587464/hu6wJkTys1706767002682/IPO-SCENE-UNDER-SINGAPORES-THREAT-FROM-US-AUSTRALIA.jpg)
3 mins
Fintech investors now prioritise profitability over valuation
An expert said fintechs must have more than one revenue stream to attract investors amidst economic slump.
![Fintech investors now prioritise profitability over valuation](https://reseuro.magzter.com/100x125/articles/14368/1587464/4EiFBDNqP1706767562242/FINTECH-INVESTORS-NOW-PRIORITISE-PROFITABILITY-OVER-VALUATION.jpg)
3 mins
Singapore faces cost and investment hurdles in hydrogen push
Tech advances will allow SG to produce 50% of its energy from low-carbon hydrogen by 2050.
![Singapore faces cost and investment hurdles in hydrogen push](https://reseuro.magzter.com/100x125/articles/14368/1587464/sa_tRoETu1706767649250/SINGAPORE-FACES-COST-AND-INVESTMENT-HURDLES-IN-HYDROGEN-PUSH.jpg)
2 mins
Tuas Power diversifies business for Singapore's energy transition
The country's sole operator will rely on biomass and renewable energy imports for decarbonisation.
![Tuas Power diversifies business for Singapore's energy transition](https://reseuro.magzter.com/100x125/articles/14368/1587464/UsfkXLLM31706767998742/TUAS-POWER-DIVERSIFIES-BUSINESS-FOR-SINGAPORES-ENERGY-TRANSITION.jpg)
3 mins
Startups focusing on 'continuity of care' flourish in SG's booming health tech sector
Life sciences expert says fragmented data remains a challenge for many healthcare institutions and an opportunity for tech startups.
![Startups focusing on 'continuity of care' flourish in SG's booming health tech sector](https://reseuro.magzter.com/100x125/articles/14368/1587464/E5uXPPP5g1706767785336/STARTUPS-FOCUSING-ON-CONTINUITY-OF-CARE-FLOURISH-IN-SGS-BOOMING-HEALTH-TECH-SECTOR.jpg)
2 mins
Singapore Business Review Magazine Description:
Publisher: Charlton Media Group
Category: Business
Language: English
Frequency: Quarterly
Singapore Business Review (SBR) Magazine is a quarterly business magazine published by Charlton Media Group. It was launched in 2001 and is the only local business magazine in Singapore guaranteed to reach senior decision makers in the top 1,700 companies with combined sales of S$692 billion and 94% of listed companies.
SBR is known for its in-depth coverage of the Singaporean business landscape, as well as its insights from leading experts in the field. It covers a wide range of topics related to business, including:
* Industry trends and analysis
* Company profiles and interviews with CEOs
* Government policies and regulations
* Technology and innovation
* Finance and markets
* Leadership and management
* Sustainability and social responsibility
SBR is a must-read for anyone who wants to stay informed about the latest trends and developments in the Singaporean business world. It is also a valuable resource for anyone who wants to understand the challenges and opportunities facing businesses in Singapore.
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