Daily Briefing: HDB resale transactions down 9.1% in Q4; Keppel cuts jobs amid industry slump

And here are eight places in Singapore where you can have lunch for less than $15.

Resale prices of HDB flats dipped by 0.1 percent in the fourth quarter of 2016, according to a complete data published by the Housing Board. For the whole of 2016, the Resale Price Index slipped by 0.1 percent. On the other hand, resale transactions fell by 9.1 percent to 5,012 cases in Q4 2016 from 5,514 cases in the previous quarter. On an annual basis, resale transactions rose by 7.8 percent to 20,813 cases last year from 19,306 cases in 2015. Read more here.

Keppel Corp, the world's biggest oil-rig maker, said Thursday it cut 10,600 jobs last year and mothballed two overseas shipyards as weak crude prices continued to batter the industry. The cuts were in the conglomerate's Offshore and Marine (O&M) division, which has been hard hit by the downturn in oil and gas exploration following a prolonged slump in crude prices since 2014. Three shipyards in Singapore are also in the process of being closed, Keppel Corp chief executive Loh Chin Hua said at a media briefing. Get to know the full story here.

Some people voluntarily choose to get up at 6am so they can hit the gym, take a free MRT ride to work and have a leisurely breakfast. Most of us are not one of them. For those of us who view waking up early in the morning as an endeavour that’s worse than re-sitting the O levels, it’s wise to replace weekend invitations to breakfast with brunch appointments. But nobody wants to pay $25 for a fancy version of eggs on toast. Here are eight places when you can enjoy brunch on a budget. Click here to know these eight places.

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