Chart of the Day
What are the most popular HDB towns in 3Q23?
The price of 4-room flats in the most popular town ranges from $448,000-$770,000.
Early-stage companies account for 78% of deals in SG in 9M23
There have been 358 deals in the first three quarters of the year.
Why are accounting and finance professionals in SG leaving their employers?
A quarter (25%) of professionals plan to leave their employers in the next 12 months.
Which district has the highest shophouse sales in 3Q23?
The top district accounted for 19 of the 38 shophouses sold during the quarter.
Hotel RevPAR in Singapore is highest in APAC: report
As of the end of September, Singapore’s RevPAR was US$191.6.
How Singaporeans' consideration of Deliveroo and Gojek services changed following tie-up
The partners began offering discounted rides and food to its users on 1 August.
Fewer HDB upgraders bought condos for at least $5m in 3Q23
Only 12 units were transacted for at least $5m.
Only 6 in 10 workers feel equipped for career advancement
Singapore has the lowest confidence level in APAC.
What are the most popular cuisines amongst Singaporeans?
More than half (51%) of Singaporeans consider themselves meat eaters.
Singapore ranks 17th in world’s top sustainable destinations list
It moved up 18 places in the ranking.
1 in 4 Australian MNEs doubt COMPASS’s impact on SG’s workforce diversity
Only half of firms are aware of the point-based system employment framework.
Almost half of B2B companies in SG incur cross-border fees ranging US$10-US$25
The rate is above the average observed in other markets, including the US and the UK.
SG’s outbound investment drops 36.4% QoQ in 3Q23
Year-on-year, outbound investment declined 62%.
Singapore leads FinTech SEA funding in 3Q23
The city accounted for 70% of funding in the quarter.
Number of resold million-dollar HDB flats drop 22% MoM in September
The top HDB resale flat in September was an Executive Room in Bishan St. 24.
6 in 10 firms rank financial risk as a top concern
Almost half of firms expect financial risk to affect their operations in the next 12 months.
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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