In Focus
Developer sales fell 75.5% to 444 units in April
Developer sales fell 75.5% to 444 units in April
76.1% of the units sold for the month were previously launched in 2018.
Luxury home sales take off in Q1
New non-landed homes in CCR skyrocketed 82.4% to 186 units.
Singapore's billionaire population down 11.4% in 2018 amidst equities rout
High-net worth wealth also fell 8.8% to US$84b.
Singapore telcos brace for higher costs amidst 5G rollout
The leverage of Singtel is set to increase to 2.3x-2.5x in FY19.
Singapore ranked as fourth costliest Asian city to build in
The construction sector shrank by 3.4% in 2018 due to a slowdown in public sector construction activities.
Older flats defy depreciation concerns as sales hit record high in Q1
Sales of older flats made up 13.9% of total resale transactions in Q1 2019.
Unicorns deploy funding into corporate venture funds in bid for superapp status
Drawn by the growth story in Southeast Asia, corporate venture capital funds by unicorns as well as by foreign challengers are setting their sights in opportunities in Singapore.
Singapore PMI down 0.5 point to 50.3 in April
Moderating growth in the new orders, exports, factory output, inventory and employment level dragged monthly figures.
How ING Singapore is leading 600-strong staff against disruption
Its wholesale banking unit is ditching the pyramid structure in favour of self-steering teams.
Why auctions are failing to take off even as listings rise
The aggregate value of properties sold at auctions fell 26.1% to 11.57m in Q1.
Singapore splurges $2.8b on FX fees yearly: report
The average consumer spends 15 times as much as companies in FX fees per dollar remitted.
Behind Grab's push for more diverse workspaces
GrabFood has around 20 riders with physical disabilities carrying out food deliveries.
How Shimizu Corporation plans to give Singapore more space by the sea
Its floating city project, Green Float, can house up to 50,000 people.
Why do Singapore firms still struggle to retain talent?
Efficient onboarding processes and sustained employee engagement efforts are key.
Singapore's grocery market to be worth $9.9b by 2023
Singapore is expected to rank as the 23rd largest grocery market in Asia.
Singapore still trails Switzerland in talent competitiveness
The Lion City ranked 26th in its ability to retain skilled workers.
Banks set for Q1 profit boost as corporate loans and wealth income recover
Trading and wealth management income may have rebounded between 10-36% in Q1.
Commentary
Singapore's hiring slowdown: A call for data-driven resilience
When it comes to AI, there is no such thing as too many chefs
The agility trap: Why most Singaporean businesses are structured for stability, not speed
Building a Southern Malaysia supply chain ecosystem for Singapore’s advanced manufacturing
Failed talks, rising costs: Why Singapore still feels the shock of Middle East tensions
How Singapore consumer brands can build strong supply chains amidst rising input costs
Singapore’s AI ambitions will rise or fall on infrastructure
Why a clear digital roadmap is essential for business success
Singapore’s port model is under pressure as shipping disruptions reshape trade