News
Domestic wholesale trade dips 3.3% QoQ in Q422
Domestic wholesale trade dips 3.3% QoQ in Q422
Most wholesale trade industries recorded QoQ declines in domestic sales.
Younger population’s priority is growing their money
Less than half of those aged 18 to 24 want to understand investments.
Orchard Tower fails to sell
It did not obtain the required threshold for the collective sale.
SingPost’s group revenue rises 2.4% QoQ to $495.1m in Q3
The company attributed the increase to the growth in its logistics revenue.
SG startups can participate for world’s largest startup competition
The top 30 startups in the competition can be considered for $6.6m investment.
SATS wants to stop trading
It has yet to reveal its reason for issuing a request.
Worse may be over for exports: RHB
Exports slightly improved in January but it will decline in the first half of 2023.
Daily Markets Briefing: STI down 0.59%; Mapletree Logistics is most active stock
Mapletree Logistics Trust is top stock.
Changi Airport’s retail sales hit $1.1b in 2022
The figure represents 37% of sales in 2019.
EnterpriseSG, IFC to heighten supply chain finance for businesses
The partnership will also create joint outreach and business matching.
SGX-listed glovemaker’s net profit declines 93% YoY in FY 22
The total net profit was at $64.9m (THB1.652b).
SIA Engineering net profit dips to $12.8m in Q3FY2223
The figure is $20.4m lower year-on-year.
Six-storey commercial building in Bugis for sale
Its indicative price is from $90m to $92m.
Singapore is one of the top APAC countries hiring remote workers: report
The top job Singaporean organisations are hiring for is as a Virtual Assistant.
Retail units in Royal Square on sale: Savills
The sale will be closed on 24 March 2023.
Exports decline 25% in January
Electronics and non-electronics decreased.
Singapore unaffected by Budget 2023: RHB
This year’s forecast for the economy of the Lion City remains at 3%.
Commentary
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
The trust tax: Navigating the ‘sophistication shift’ in Singapore’s digital economy
Conflict, costs, and construction: Where can margins still be saved?