In Focus

Home prices to remain stable, buoyed by “genuine” buyers
25 Nov 20
Sharp supply drop in Q3 is no cause for alarm given it came after a record supply spike in Q2.
Singapore's Q3 GDP performing better than MTI estimates: analyst
24 Nov 20
Strong uptick in manufacturing momentum in Q3 helped improve GDP.
Singaporean workers' salaries to rise 3% in 2021: study
20 Nov 20
Fewer companies indicated that they will still freeze salaries next year.
Singapore's life insurance segment to hit $43.5b in 2024
19 Nov 20
The industry crashed 13% in weighted new business premiums in H1 2020.
Singapore's commercial market touted APAC's worst performer in Q3: study
17 Nov 20
Deal value was 86% lower than last year.
Millennials most optimistic about finances, post-COVID-19 future: UOB
16 Nov 20
More than half believe they will be financially stable in 12 months; only 13% of Baby Boomers said the same.
Rough road ahead for big three banks after improved Q3
15 Nov 20
OCBC, DBS, and UOB’s earnings rose in Q3—but 2021 presents a tough test as fiscal, monetary relief gets withdrawn.
Pay cuts, salary stagnation await workers in post-pandemic workplace
13 Nov 20
Salary hikes will be few and far between as firms grapple with COVID-19’s sudden impact.
Digital is key for SMBs to thrive this holiday season: study
12 Nov 20
Three in five consumers in Singapore plan to do most of their shopping online.
Consumers' preference for e-commerce here to stay: survey
10 Nov 20
47% of respondents said that they visit retailers less.
Condo resale prices grow 0.7% in October
10 Nov 20
Strong demand for properties spurred more sellers to put their units for sale.
SMEs remain optimistic amidst hardships, but fatigue settling in: DBS
8 Nov 20
Close to 30% are willing to sacrifice expansion plans to meet loan repayments.
Economy to gain $1b boost from festive sales season: survey
5 Nov 20
One in 10 Singaporeans are looking to book a travel bargain during this season.
PMI grows for fourth-straight month in October
4 Nov 20
It edged up 0.2 point to record a 50.5 expansion, its highest since March 2019.
Pandemic drives Singapore banks to accelerate digital offerings
29 Oct 20
In the middle of a crisis, the sector had to be quick and creative.
What can Singaporean retailers do to beat the post-pandemic blues?
29 Oct 20
Analysts are bearish about the sector for the rest of 2020 due to weak tourism.
Half of Singaporean investors think ESG will compromise returns
29 Oct 20
But the opposite is true: investments with strong ESG ratings perform better, says SJP Asia.
SMEs consider switch to digital banks: Visa survey
28 Oct 20
Unsatisfactory terms on traditional banking corporate products is one reason many businesses are weighing up their options.
Steering committee unveils timeline to cease SOR-linked issuance
27 Oct 20
All lenders, borrowers are to cease issuance of SOR-linked products by end April 2021.
One in three Singaporeans took out a personal loan in the past 12 months: study
26 Oct 20
One in 10 did so to cover basic expenses.
Singapore dollar rally to continue through rest of 2020: Fitch
26 Oct 20
It is forecast to reach as high as S$1.37/USD in 2021.
MAS core inflation slows to a 0.1% decline in September
23 Oct 20
Inflation is expected to come fall between -0.5% to 0% for 2020.
5G and government support boost renewable use for data centres
23 Oct 20
Data centre firms have tempered expectations for green energy sources, but opportunities still await.
Industrial occupancy rate edges up in Q3, new space falls to record low
22 Oct 20
Only 24,000 sqm of new space was completed during the quarter.
Singapore least affected by climate change in APAC: study
22 Oct 20
Its geographic location and healthy infrastructure helped mitigate impact.
Economy to shrink 5-7% this year: SGX
20 Oct 20
But recent weeks have shown that it is recovering from record-low Q2 activities.
JSS to disburse over $5.5b from 29 October
19 Oct 20
This will subside wages of almost two million workers from June-August.
NODX sees rough growth in Q4
16 Oct 20
Singapore’s recovery momentum may take a slower and choppy pace.
HDB resale prices up 3.1% in September
8 Oct 20
Young couples are driving the demand for resale units.
Stress, burnout cases rise amongst young healthcare professionals
7 Oct 20
Majority feel that their education is lacking when dealing with the data aspects of their job.
Stress levels rise as COVID-19 disrupts Singaporeans' lifestyles
13 Sep 20
More than 50% said that their stress management activities were disrupted.
Majority of banks believe that AI will stop money laundering: survey
10 Sep 20
86% still believe in older rules-based technology for AML compliance.
Singapore fintech to record worst year as investments plunge 78%
10 Sep 20
Just over 19.9% of investments in H1 came in deals over $50m.
HDB, condo rental sales drop to lowest levels since circuit breaker
9 Sep 20
This may indicate that foreigners are exiting prime locations for more affordable housing.
Rising domestic demand to buoy full-year retail sales
6 Sep 20
Numbers are still down from a year earlier, but at a slower pace than in June.
Manufacturing PMI hit 50.1 in August
4 Sep 20
It reflects improvements in the manufacturing and electronics sectors.
Entertainment, media industry revenue to fall 5% in 2020
2 Sep 20
Live concerts, cinemas and the print industry are the hardest hit by the pandemic.
S-REITs total $147m net institution outflows in June-August
1 Sep 20
Sabana REIT saw the sector’s highest proportional net institutional inflows.
What have foreign homebuyers been snagging in Singapore this year?
1 Sep 20
Amongst the units purchased by non-Singaporean buyers so far, half were completed units and half were uncompleted.
MAS, MOM to raise minimum qualifying salary for EP holders in finance
27 Aug 20
They are expecting job creation to be slower in H2.

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