News
February PMI declines to 50.2
Seasonal factors, such as the Lunar New Year, may have affected the decline.
More than 60% of older consumers still prefers in-store shopping
This is even as more Singaporeans purchase in-app.
Gov’t to collect additional 0.7% of GDP per year with GST rate hike
GST will be increased to 8% in 2023 and 9% in 2024.
MOF to strengthen business ecosystem in 2 areas
These are the corporate government regime and efficiency of processes.
Flexible workspace demand jumps 37%
Demand was driven by tech companies.
Chart of the day: Energy stocks are the most traded in first two months of 2022
An average of $1.41b in average daily turnover was recorded in the same period.
84% of employers consider salary hikes in 2022: Hays
However, data showed people are expecting higher than what employers can give.
Market update: STI down 0.88%
Yangzijiang Shipbuilding was seen with the most growth.
MOM defers medical exams for migrant domestic workers
Employers who received notices have until 30 April to have their workers seen.
Japfa net profit declined by 34.6% in 2021
The total net profit recorded was $161.2m.
Haig Road Flats up for sale at $48m indicative price
An indicative price of $48m was set, translating to a land rate of $1,252 per square foot.
Sustainability for success? 3 in 5 SMEs agree
SMEs said having sustainable practices can improve their reputation amongst others.
Colliers facilitates sale of Baode Building for $27m
The sale happened after a relaunch of tender on 14 December 2021.
SG still the most liveable location for ex-pats: ECA
Amid lower scores, Singapore remained the top choice for East Asian ex-pats.
4 factors mitigating inflation’s impact on REITs
Two of these factors are related to utility costs.
Chart of the Day: Top 10 specialisations with most salary growth in 2021
Almost 50% of SG jobs show pay growth, JobStreet reported.
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