In Focus
Singapore bucks slow productivity trend
Singapore bucks slow productivity trend
It ranked eighth globally in terms of its productivity drivers.
Singapore's land sales value hits six-year high at $13b
Total value of sold residential projects alone hit $6.34b, the highest in 10 years.
Singapore is the second most attractive country for IPOs
IPO activity could rise by as much as 30% in a year.
Mortgagee sales reach record highs in Q3
Sales value of sold mortgagee auctioned units spiked 743.7% YoY in Q3.
This weak spot kept Singapore from being the smartest city in the world
It trailed behind Copenhagen by 0.41 points.
Singapore banks to suffer from more energy-related NPLs in Q4
Oil and gas service exposures make up 2-3% of the banks' loans.
Fintech investment in Singapore hits $34.52m in Q3
The city-state is expected to focus on AI, blockchain, and regtech.
9 in 10 jobseekers to reject stale offers
They believe recruitment processes should only last at most four weeks.
Singaporean millennials are hopping in on the co-living trend
Tech company Hmlet facilitates rentals for users for as short as three months and for $900 per room.
Singapore ranks third in countries with most failed M&A deals
Singapore’s failure rate hit 9.2%, just slightly below Australia's 11.9% and China's 12.9%.
Singapore urged to provide more housing options for seniors
The population is ageing and retiree income is growing.
Banks' loan growth hits 6.2% in September
Business loans growth jumped to 8.0% YoY, thanks to higher loans from general commerce.
Singapore ranks eighth best city for transport
It scored 62.7 overall across categories on planet, profit, and people.
77% of Singapore firms have suffered from cyberattacks
And yet, 39% said they still don't have a security strategy.
Manufacturing growth lifts 2017 GDP forecasts
But banks are sending warning signals about the sector’s rocky performance.
Four Singapore firms top the largest SEA M&As in 2017
The US$15.94b acquisition of Global Logistic Properties topped the list.
Singapore's tourism market size doubled to $12.4b in a decade
It created 164,000 jobs, larger in number than jobs in banking and manufacturing.