Chart of the Day

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.

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.