News

Grab loses its grip with $1.1b loss for Q4

Around $3.6b total loss was recorded for FY2021.

4 of 10 Singaporeans eye travel in the next 3 months

A mix of domestic and international plans make up their plans. 

Chart of the Day: 1 in 2 SG employees actively looking for new job opportunities

Better salary packages and new challenges were cited as the main reasons for doing so. 

Market update: STI up 0.47%

Wilmar International was seen with the most growth.

February PMI declines to 50.2

Seasonal factors, such as the Lunar New Year, may have affected the decline.

More than 60% of older consumers still prefers in-store shopping

This is even as more Singaporeans purchase in-app.

MOF to strengthen business ecosystem in 2 areas

These are the corporate government regime and efficiency of processes.

Flexible workspace demand jumps 37%

Demand was driven by tech companies.

Chart of the day: Energy stocks are the most traded in first two months of 2022

An average of $1.41b in average daily turnover was recorded in the same period. 

84% of employers consider salary hikes in 2022: Hays

However, data showed people are expecting higher than what employers can give.

Market update: STI down 0.88%

Yangzijiang Shipbuilding was seen with the most growth.

MOM defers medical exams for migrant domestic workers

Employers who received notices have until 30 April to have their workers seen.

Japfa net profit declined by 34.6% in 2021

The total net profit recorded was $161.2m.

Haig Road Flats up for sale at $48m indicative price

An indicative price of $48m was set, translating to a land rate of $1,252 per square foot. 

Sustainability for success? 3 in 5 SMEs agree

SMEs said having sustainable practices can improve their reputation amongst others.