In Focus
Single bids for Zion and Upper Thomson sites reflect new norm in the residential market
The sites received a bid of $1.11b and $779.56m, respectively.
Single bids for Zion and Upper Thomson sites reflect new norm in the residential market
The sites received a bid of $1.11b and $779.56m, respectively.
Days of excess are over, investors warn founders
Deal activity in Asia Pacific fell 26.3% YoY in 2023.
Sustainability, biomedical startups draw investors, founder focus
A nine-month study in 2023 showed green tech investments totalling $268.5m (US$201m).
Private downgraders and first-time buyers drive HDB resale price spike
Experts predict a 3%-5% uptick in resale prices.
MBA offerings refined amidst downturn in enrollment
Despite adaptation to post pandemic shifts and the elevated value of MBA degrees, enrollees drop 8.3% in 2023.
Singapore's plan to raise retirement age sparks debate
Experts see Singapore on track to setting retirement at 65 and re-employment at 70 by 2030.
Inflation rises to 3.4% YoY in February
This is faster following a 2.9% slowdown in January.
Workforce faces modest salary hikes as a majority of firms limit raises to 3%
About 17.9% of employers anticipate maintaining the same salary levels.
OWNDAYS Singapore softens tax hike impact on consumers
GM says they cut SG$20 (US$14.95) in over 200 designs and retained the prices across the rest of the products.
Low-quality apps drain $3.24m from businesses yearly
To avoid losses, more than a quarter of firms plan to invest in mobile app quality and testing
Housing demand hit by cooler jobs market
HDB and condo rental volumes dipped 19.1% MoM and 21.0% MoM, respectively, in February.
Why Lentor Mansion did ‘exceptionally well’ despite buyers’ price sensitivity
The development sold 75% of its units during its weekend launch.
Developers' sales decline due to Lunar New Year, lack of project launches
Still, the experts anticipate a potential rebound in March sales.
Why Singaporeans are okay with locking away over $4b of their money
Customers can only access ‘locked’ money with a physical card or by visiting a branch.
Talent shortage plagues all industries, women candidates in demand: Survey
Net Employment Outlook (NEO) currently sits at 24%.
Singapore takes crown as world’s most globalised country
It bested 180 markets.
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