In Focus
Retail recovery ‘two steps forward, one step back’: Knight Frank
Retail recovery ‘two steps forward, one step back’: Knight Frank
This is due to the recurring outbreaks of infections.
Experts upgrade exports forecasts amidst high June figures
June exports surged to 15.9% year-on-year, nearly doubling May’s figures.
Private home sales slip 2.6% amidst tighter restrictions in June
Developers sold 872 units in June, lower than last month’s 895.
SMEs post sharp recovery in the second quarter
The OCBC SME Index shoots by 8.3 points to 59.5 as small and medium-sized enterprises gain momentum.
Economy soars by 14.3% in second quarter: MTI
Analysts upgraded their full-year GDP forecasts as the economy slowly recovers to pre-pandemic levels.
Condo resale volumes fall 12.6% to 1,510 units in June
Tighter safety management measures continued to restrict the market, analysts say.
SG IPO market slows down, raises $337m in proceeds in H1
There were only three initial public offerings in Singapore in the first six months of 2021.
Shophouse sales breach new high with 118 transactions in H1
Knight Frank expects sales values for the full year to exceed the $1.46b high posted in 2018, with sales volumes to cross the 200 unit mark.
HDB resale prices climb for the 12th straight month in June
HDB prices record a 0.9% uptick in June from May.
SG needs to embrace globalisation: Ong Ye Kung
Minister of Health and former trade negotiator, Ong Ye Kung, also defends the India-Singapore Comprehensive Economic Cooperation Agreement.
Additional $1.2b announced for COVID-19 support measures
This includes the extension of the Job Support Scheme for vulnerable industries.
Payment delays increase in Q2
More companies, particularly in retail and consumer services, were not able to pay for transactions on time.
City fringe business park rents surge by 2.5% in H1 2021
Vacancy rates slowed down to 7.8% in Q2 compared to 9.9% in Q1.
Home sale prices rise for the fifth straight quarter
Private residential property prices rose by 0.9% in the second quarter of 2021.
Real estate investment sales volume surges to $9.17b in H1 2021
This comes at the back of an active real estate investment sales scene in Singapore.
Three key pillars that will help rebuild SG's events landscape
The Singapore Tourism Board has issued a white paper in aid of the business events sector.
May manufacturing performance beats median estimates
Transport engineering cluster clocked fastest growth pace since 2006
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