Singapore
Recession fears? 88% of CEOs eye a hiring freeze over the next 6 months
CEOs are considering halting recruitment due to the anticipated recession.
Analyst cites factors to boost Industrial Reits value
It includes location, asset management and sustainability focus.
Chart of the day: Mainland Chinese purchased the most non-landed homes in Singapore
District 10 was the most popular district amongst non-permanent resident foreigners.
Market update: STI up 0.46%, DFI Retail Group at the top
DFI Retail Group dominated the stock market.
Freehold commercial shophouse in Holland Village up for sale
The public tender will close on 3 November at 2 pm.
81% of workers want to take on a permanent remote position
Some want to work remotely because they have moved further away from the office.
Changi flights to reach above 80% of pre-COVID levels by year-end: MoT
As of early September, the number of flights has recovered to nearly two-thirds of pre-COVID levels.
Sembcorp Marine bags $4.25b FPSO contract from Petrobras
The company won the tender for the Buzios field.
Property investment sales fall 48.9% QoQ to $4.8b in Q3
Knight Frank said investment activity in the investment market has turned cautious.
MAS launches $5m Asia Climate Solutions Design grant
It will fund studies on scalable blended finance solutions.
38% of consumers will spend 20% more on brands that offer conversational messaging
Amongst messaging apps, Singaporeans prefer Whatsapp to engage with brands.
SG, New Zealand ink deal on aviation maintenance, repairs to enhance safety
The agreement will also reduce duplicative regulatory audits.
For the first time since 2020, electronics employment index shrinks below 50
Contraction in new orders and exports affected electronics’ performance.
79% of millennials want re-skilling and upskilling opportunities from employers
Millennials feel they are not given enough opportunities to develop in their roles.
Market update: STI up 1.02%, Keppel DC Reit at the top
Keppel DC Reit led the index.
Chart of the day: Import price index drop slows in August
The non-oil index fell by 0.7% for the month against its 0.3% gain in July.
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Commentary
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