News
Singapore unemployment rate dropped to 2.9% in 2018
Singapore unemployment rate dropped to 2.9% in 2018
Residents made up 66% of the retrenchments in 2018, slightly lower than their share of employment at 67%.
Singapore and Malaysia suspend overlapping port limits off Tuas waters
They will revert the limits placed on 25 October and 6 December 2018.
Oxley accepts $1.03b offer for Chevron House
A US-based real estate fund filed an expression of interest for the property.
Over $600m of wage credits to benefit 90,000 Singapore employers
About 70% will be disbursed to SMEs.
Keppel Infrastructure Trust raises placement and preferential offering proceeds by 11% to $500.8m
It cited strong demand from investors.
Daily Markets Briefing: STI up 0.07%
Don’t expect gains today.
Daily Briefing: Ofo gets more time to remove bicycles; SC Capital Partners buys Rivervale Mall for $230m
And a Finnish startup hub and VC firm launch a 200-set coworking space in Queenstown.
Chart of the Day: Top 10 water infrastructure plays hit average returns of 25% in March
SIIC Environment saw the highest return of 34.5% in March YTD.
CapitaLand's Tampines Mall could face rental pressures from upcoming Jewel Changi
Jewel’s opening on April could lead to shopper traffic being diverted from other malls in the eastern region.
Online hiring activity in IT and telecom sectors jumped 23% in 2018
The sectors had witnessed its steepest growth in November 2018.
Keppel Infrastructure Trust to raise $450m via private placement and preferential shares
It will pay for its $737.04m acquisition of Ixom Holdings.
MAS and Florida's futures commission to mutually recognise Singapore and US derivatives venues
Derivatives trading facilities regulated by the two will be exempt from some operational requirements.
Singapore issuers amongst those that will dominate IPO pipeline by 2030
The city ranks seventh in capital-raising activity.
Half of Singaporeans believe they are ‘financially better' than five years ago: Nielsen
Locals are spending more on groceries and dining out.
Singapore hailed as most attractive Asian market to do business: survey
Other outstanding cities following Singapore include Tokyo, Hong Kong and Seoul.
Finance sector expects weaker job gains in Q2
It was one of the two sectors that have weaker hiring prospects in the upcoming quarter.
SingPost could sell loss-making US e-commerce arm: analysts
In February, it saw an impairment risk to the book value of its US unit.
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