In Focus

3 factors weighing down Singapore’s economic growth

3 factors weighing down Singapore’s economic growth

Analysts expect full-year GDP growth to clock in at 1.4%, lower than the 2022 record.

Half of Singaporeans expect inflation to decline in the next 12 months

Consumers cite three reasons for the shift in their expectations.

7 in 10 local SMEs expect a recession within the next 2 years

In response, SMEs are taking a prudent approach to their financial spending.

The IT job: Demand for digital occupations rises in Singapore

It accounted for an annual average of 11% of total online job positions in Singapore.

8 in 10 organisations want employees with tech-focused certification

Seven in 10 are having difficulty finding such employees.

Greener pastures? Employees' interest to relocate for job opportunities declines

Less than half of workers express interest to move away from Singapore.

Here's why more Singaporeans bought HDB flats this March

Resale volumes in March saw a 23.7% increase MoM.

Worst might not be over for Singapore’s investment activity: report

This followed the SVB collapse and Credit Suisse Group takeover which make it more challenging to get financing.

Singapore remains most expensive tech talent market in Southeast Asia

Engineers are paid three times more than in Indonesia and Vietnam.

3 in 4 SG CEOs are delaying investment plans amidst geopolitical tensions

This is above the global average of more than 3 in 5, EY reported.

4 in 10 consumers will boycott organisations that do not reduce data-related pollution

Two per cent of global energy-related pollution emissions are caused by data centres.

What hinders Singapore companies from entering the metaverse? 

Two in three companies say they are still unprepared to do so.

On hold? About 5 in 10 Singaporeans complain about unresolved customer service issues

Organisations risk more than 5% of their sales with poor customer service.

Economic growth to slow down in 2023

UOB expects full-year GDP to grow by only 0.7%.

When will the manufacturing recession end?

February marked the fifth consecutive month of decline in industrial production. 

E-commerce adoption growing amongst the silver generation: survey

Seven in 10 seniors have integrated e-commerce into their daily routine.