News
Rapidly deteriorating demographics threaten long-term economic growth
Raising productivity and focusing on exports is key.
Retail sales jumped 6.5% in November on back of robust car sales
Total sales value came in at $3.2b.
New home sales crashed to 5-year low in December
A figure this low was last seen during the GFC.
On the brink of burnout: 7 out of 10 employees extremely stressed out by overtime work
Majority of workers are calling for flexible schedules.
Oh, Captain! SIA trims manpower losses by not re-hiring pilots past 62
Old pilots will leave their posts by March.
Higher than a skyscraper: Singapore is Asia’s third most expensive market for construction
Costs will further inch up this year.
Non-oil domestic export growth to slip further amid weak global economy
PMI dipped into the red after 2 months of expansion.
GIC and Australian PE firm Ironbridge Capital to launch ~$615m IPO for FleetPartners Ltd
Expect the IPO in April.
ThaiBev’s hard drinks business threatened by sky-high taxes, lacklustre sales
It’s trying to beef up its non-alcoholic segment.
DBS sets up consumer finance company with Postal Savings Bank of China
It’s investing $25.83m into the JV firm.
Public transport operators to rake in huge gains on back of oil rout
Higher fares will also provide another boost.
Chart of the Day: Labour supply shock to put a floor under wage cost
As the government continues to streamline foreign workers.
Daily Briefing: Construction firms worst debtors in Q4; More COEs available from Feb to April
Yishun site attracts $185.09m top bid.
Daily Markets Briefing: STI down 0.5%
Another pullback is expected today.
Fight or flight: More investors jittery over sustained SGD weakness
They’re moving away from SGD share classes.
Wobbly SGX undermined by weak securities volume
But strong derivatives business provides a crutch.
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