Daily Briefing: Volatility boosts derivatives trade at SGX; Real estate downturn bad news for engineers

And here are some new hangout spots in Singapore.

As Singapore Exchange Ltd. struggles with securities trading, its derivatives business has come to the rescue. Southeast Asia’s biggest bourse on Wednesday reported operating revenue rose 10 percent to S$620 million ($461 million), with derivatives posting the fastest growth. Futures on China and Japan, as well as iron ore swaps, are among the most traded contracts. Read more here.

The economic downturn has affected the real estate market in Singapore and the people working in it. Architecture and engineering firms are at risk of facing worse redundancies for their staff this year compared to last year. The number of people that were retrenched or released before they ended their contracts in the architecture and engineering segments, climbed to 940, according to the Ministry of Manpower’s labour report last year. Find out more here.

Do you always hang out in the same dining spots and bars when you go out with friends? If you're getting a bit bored of your usual eateries and you're looking for something new, here we will discover 3 new places in Singapore that have just recently opened their doors. Read more here.

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