Chart of the Day
Health benefits crucial for attracting new talent
Health benefits crucial for attracting new talent
It is also a highly valued EVP for existing employees.
Rising living costs and job insecurity keep employees in old roles
Seven in 10 employees stay in outgrown roles over a year.
Low Q2 shophouse transactions not reflective of market interest
In Q2, sales fell 30.4% QoQ and 66.0% YoY.
GLS tenders boost property investments to $6.5b in Q2
Investments rose 64.1% QoQ and 71.1% YoY.
Singapore ranks 38th globally for most breached accounts
It accounts for 0.2% of global incidents.
New home sales rise 2.2% in June despite lack of new project launches
Year-on-year, sales fell 18%.
Workers seek financial wellness, prompting employer support
One in three seek financial wellness workshops from employers.
Prime office market see lower vacancy rates in Q2 2024
Vacancy tightened to 2.3%.
Wealth inequality in Singapore surpasses other APAC nations
Inequality rose by 22.9% between 2008-2023.
Hotel ADRs to outperform in 2024 with packed event calendar
April 2024 year-to-date Average Daily Rates was $288.
High-end rents rise 3% whilst mid-market rents decline
Affluent local families drove the High-end rent increase.
Singapore tops SEA fintech funding in H1 with US$518M
The city accounts for 58% of SEA's total funds raised.
Power constraints keep Singapore's data centre vacancy rate at 1%
The country only has 7.2 MW of available capacity.
How did SG fare in terms of ICT progress?
Singapore scored highest compared to its regional peers.
Good Class Bungalow sales reach $202M in H1 2024, up 8% HoH
H1 2024 recorded nine transactions.
Earnings up in Singapore, but fewer companies raising wages
Only two in 10 companies plan to increase salaries.
Remote job openings rise in Singapore as demand grows
One in every 23 job serves used remote keywords.
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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’