Chart of the Day
How much do advertisers spend on digital ads?
How much do advertisers spend on digital ads?
Digital spending makes up 59.7% of total ad spend in Singapore.
Green building adoption in Singapore nears 80%
In APAC, SG stands as the 7th top market for green building adoption.
Lower property tax to benefit most private owners
Singapore will likely see a 20%-30% lower property tax in 2025.
MNCs offer more flexible working days than local companies: Hays
Only two in 10 MNCs require their workers to report five days a week in the office.
Logistics rents climb 8% YoY in 2H23
Singapore had the sixth-highest rent growth in APAC.
Streaming Battle: Netflix retains its crown in Singapore
The platform saw a 3% growth in its market share in 4Q23.
Singapore leads commercial real estate investments in APAC
Commercial investment volume in Singapore grew 462% QoQ and 110% YoY in 4Q23.
Sales value of strata office units climbs 1.8% YoY to $1.17b in 2023
Volume was similar to 2022’s level.
Good Class Bungalow transactions dwindle by 58.3% YoY in 2023
Only 20 GCBs were sold last year.
Almost half of employers still reluctant to use AI in recruitment
Employers who have utilised AI do so for shortlisting, amongst others.
Leasehold strata office sales climb 7.8% HoH to 114 in 2H23
Sales value for the period was $291.7m.
7 in 10 SMEs plan to do more business internationally
Given this, more firms have been using apps for cross-border payments.
Manufacturing sector firms 'cautiously positive’ about business in 1H24
A net weighted balance of 10% expects an improved situation.
Average price of freehold shophouses jumps 10.1% YoY in 2023
The average price reflects a total transaction sales value of $948.0m.
Auction listings drop 2.9% QoQ in 4Q23
There were 99 listings in the last quarter of 2023.
Demand for industrial space dwindles to 86,000 sqm in 4Q23
With lower demand, the occupancy rate edged up by 0.1 ppt.
Early-stage companies account for 79% of deals in Singapore in 2023
There were 471 deals last year.
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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’
Transformation without disruption: Your Existing ERP is an accelerant to business innovation