Chart of the Day
Payroll providers in Singapore open to AI and automation for efficiency
Payroll providers in Singapore open to AI and automation for efficiency
Seven in 10 anticipate increased AI use in the next 12 months.
Singapore retailers slow to adopt self-checkout
Less than two in 10 retailers offer such feature.
Generative AI jobs double in Singapore
Singapore GenAI job postings are higher than US, UK, and Australia.
SMEs prefer standard office spaces over co-working options
Only three in 10 SMEs opt for co-working spaces.
Chemicals cluster forecasts brighter business prospects
A net weighted balance of 2% of firms projects improved business conditions in 2Q-3Q.
Fewer investors commit over 40% to ESG in portfolios
Only 28% did so in 2023, down from 37% in 2021.
Food processing/ manufacturing firms increase by 8%
There are 2,171 food processing/manufacturing establishments in Singapore.
Singapore's share of DDoS attacks in APAC climbs to 11%
It holds the fourth-highest share of DDoS attacks in APAC.
Deal activity in Singapore drops 15% YoY in the first 4 months of 2024
Deal activity also dropped across APAC.
Cyber attacks on Singapore production data among highest in SEA
Three in 10 companies hit by cyber attacks reported that their production data was targeted.
Deepfake fears grip 8 in 10 consumers
Only 7% of Singaporeans, however, have encountered deepfake.
Warehouse occupancy and rents to fall amid increased supply
In 1Q24, rents rose 2.0% QoQ, whilst occupancy fell to 91.1%.
Softer demand to slow rental and price growth for factories
In 1Q24, rental indices saw single-digit increases.
Business park rents grow 2.1% in 1Q24
Rents, however, may soften amidst elevated vacancies.
Singaporeans opt for gifts and outings on Mother's Day
Four in 10 picked gift-giving as an ideal way to mark the special day.
Million-dollar resale flat transactions rise 11% MoM in April
The priciest HDB resale was a 5-room in Lorong 1A Toa Payoh.
Singapore leads APAC in attracting cross-border capital
Overseas investments made up 45.6% of Singapore's capital in 1Q24.
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’
Transformation without disruption: Your Existing ERP is an accelerant to business innovation