In Focus
Single bids for Zion and Upper Thomson sites reflect new norm in the residential market
Single bids for Zion and Upper Thomson sites reflect new norm in the residential market
The sites received a bid of $1.11b and $779.56m, respectively.
Days of excess are over, investors warn founders
Deal activity in Asia Pacific fell 26.3% YoY in 2023.
Sustainability, biomedical startups draw investors, founder focus
A nine-month study in 2023 showed green tech investments totalling $268.5m (US$201m).
Private downgraders and first-time buyers drive HDB resale price spike
Experts predict a 3%-5% uptick in resale prices.
MBA offerings refined amidst downturn in enrollment
Despite adaptation to post pandemic shifts and the elevated value of MBA degrees, enrollees drop 8.3% in 2023.
Singapore's plan to raise retirement age sparks debate
Experts see Singapore on track to setting retirement at 65 and re-employment at 70 by 2030.
Inflation rises to 3.4% YoY in February
This is faster following a 2.9% slowdown in January.
Workforce faces modest salary hikes as a majority of firms limit raises to 3%
About 17.9% of employers anticipate maintaining the same salary levels.
OWNDAYS Singapore softens tax hike impact on consumers
GM says they cut SG$20 (US$14.95) in over 200 designs and retained the prices across the rest of the products.
Low-quality apps drain $3.24m from businesses yearly
To avoid losses, more than a quarter of firms plan to invest in mobile app quality and testing
Housing demand hit by cooler jobs market
HDB and condo rental volumes dipped 19.1% MoM and 21.0% MoM, respectively, in February.
Why Lentor Mansion did ‘exceptionally well’ despite buyers’ price sensitivity
The development sold 75% of its units during its weekend launch.
Developers' sales decline due to Lunar New Year, lack of project launches
Still, the experts anticipate a potential rebound in March sales.
Why Singaporeans are okay with locking away over $4b of their money
Customers can only access ‘locked’ money with a physical card or by visiting a branch.
Talent shortage plagues all industries, women candidates in demand: Survey
Net Employment Outlook (NEO) currently sits at 24%.
Singapore takes crown as world’s most globalised country
It bested 180 markets.
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