,Singapore

Singapore unemployment rate in Q4 to hit 2%: Moody's

The manufacturing sector shed jobs despite the upturn in exports.

Moody's Analytics expects Singapore's unemployment rate to have edged down to 2% as economic activity remained solid in the last part of 2017.

Previously, Singapore’s seasonally adjusted unemployment rate edged lower to a one-year low of 2.1% in the third quarter.

Staffing levels in the services sector increased in the first three quarters of 2017.

However, manufacturing shed jobs despite the upturn in exports. The construction job market also remained weak.

Singapore will release employment figures for the fourth quarter of 2017 on 26 January.

Join Singapore Business Review community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

It got Asian Infrastructure Investment Bank as its investor.
This optimistic performance is expected to continue until March 2022.
The stock saw a contradicting rise of 51%, despite the STI observing a dip of 4.2% during the period. 
Along with this, the group recommends a green financing bank.
The SGX listed SPAC raised $23.4m from the offering.
They believe crypto's value will increase in the next five years.
ThaiBev had the most growth.
VSTPL’s failures placed the trust at a higher risk of being used as a conduit for illegal activities, says MAS.
The growth rate estimate is lower than the 2021 forecast of 6.6%.
The bank assured customers that it employs a multi-layered defence system against fraud.
This after S-REITs delivered a modest 6% in total returns in 2021. 
Banks are asked to remove links in emails and SMS sent to customers.
It will redeploy the proceeds from this divestment into higher-yielding assets.
The US, the UK, and Australia were their top destinations during the year-end.