Singapore
Daily Briefing: Temasek unit invests in Israeli cybersecurity startup; Sim Lim Square shop attracts cryptocoin miners
And here's why over-diversifying your investments would do you more harm than good.
Chart of the Day: Number of retrenched workers fell 39% from 5,440 to 3,300 in Q4
The number of retrenched permanent employees hit 3,000.
A third of workers expect salaries to climb 3-6%
Fortunately, nearly half of employers also intend to raise salaries by 3-6%.
Here's what Keppel O&M needs to come back to black
Higher demand for gas vessels in two to three years could drive contract wins to $4b-$5b.
Holland Road prime residential site for sale
The lone owner set a $110m asking price.
Subscriber-hungry telcos suffer 17% drop in data yield as price war ensues
Within one year, data yields fell from US$5.7/GB to US$4.8/GB.
7 in 10 O&G professionals brace themselves for further cost cuts
This is despite growing confidence in the market.
Parkway Life REIT's net property income inched up 0.2% in 2017
This is mainly due to a 6% decrease in property expenses.
Asia-Pacific countries to invest up to US$250b in solar and wind projects
This is due to the increasing threat of climate change.
Tuas South Link 3 industrial site sold for $2.63m
It was awarded to the only bidder, Soilbuild Construction Group Ltd.
Funan Mall's redevelopment to be completed before 4Q2019
This shows a potential boost for CMT’s 2018 profit.
Manufacturing output shrank 3.9% in December
The biomedical manufacturing cluster's output slumped by 34.7%.
Total employment shrinks for the first time in 14 years
The foreign workforce shed 32,000 due to less Work Permit Holders in construction and marine.
Developers sold 10,566 homes in 2017
The number surged 33% from 7,972 units sold in 2016.
Noble denies debt restructuring plan is finalised
The company said that they are still in talks with potential investors.
Home prices inched up by 1.1% in 2017
Rentals declined by 1.9%, albeit softer than last year's 4% drop.
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Commentary
‘Tokenmaxxing’ – The wrong AI race to run in Singapore
To outsmart modern fraud, we must first know the enemy
Why Singapore SMEs cannot wait for quantum cyber risk to arrive before securing data
Is Singapore's emphasis on long-term security and stability hindering purpose-driven employees?
When Singapore's agentic AI ‘chefs’ arrive, will the kitchen be ready for them?
What Singapore’s app store rules reveal about the future of online trust
Faster hiring alone will not fix construction’s productivity problem
Beyond policy: How Singapore's service sector can win at the frontline
Solving the production problem behind Singapore’s ‘pilot purgatory’