Daily Briefing: Why Singapore is losing its dominance in the dollar bond market; Old Chang Kee to give dividends this week

And here are three ways to look at Singapore's productivity.

From Human Resources Online:

At the Singapore Productivity Awards Gala Dinner 2017 on 24 November, Lim Swee Say, Singapore’s Minister for Manpower made some key points on national productivity.

“Productivity growth is critical to our future progress,” Minister Lim said, making the point that: “Without productivity gains, we will eventually lose our competitiveness. Wages will stagnate too.”

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From The Motley Fool:

Old Chang Kee Ltd (SGX: 5ML) will be going ex-dividend on Wednesday.

The food and beverage outfit is giving out 1.5 Singapore cents per share for the second quarter ended 30 September 2017.

For the latest quarter, sales went north by 5.9% year-on-year to S$21.4 million, but net profit fell 52.6% to S$0.7 million. To know more about the firm’s quarterly results, you can head here.

Read more here.

From Bloomberg Finance via Yahoo!:

It’s been a banner year for Asia’s dollar-bond market, with an unprecedented pace of sales and dozens of debut issuers. But in Singapore, one of the region’s main financial hubs, there’s a note of gloom among its fund managers.

The tropical city is starting to get left out in the cold when it comes to marketing offshore dollar debt, in another sign of the increasing influence of China. At least 37 Chinese companies skipped roadshows in Singapore this year, out of the 136 that conducted investor meetings in Hong Kong, according to data compiled by Bloomberg. That’s a shift from the norm that prevailed over the past decade.

Read more here.