Chart of the Day

Top 100 SGX companies see more independent directors in 2023

Among independent directors, 43% are male and 18% are female.

Payroll providers in Singapore open to AI and automation for efficiency

Seven in 10 anticipate increased AI use in the next 12 months.

Singapore retailers slow to adopt self-checkout

Less than two in 10 retailers offer such feature.

Generative AI jobs double in Singapore

Singapore GenAI job postings are higher than US, UK, and Australia.

SMEs prefer standard office spaces over co-working options

Only three in 10 SMEs opt for co-working spaces.

Chemicals cluster forecasts brighter business prospects

A net weighted balance of 2% of firms projects improved business conditions in 2Q-3Q.

Fewer investors commit over 40% to ESG in portfolios

Only 28% did so in 2023, down from 37% in 2021.

Food processing/ manufacturing firms increase by 8%

There are 2,171 food processing/manufacturing establishments in Singapore.

Singapore's share of DDoS attacks in APAC climbs to 11% 

It holds the fourth-highest share of DDoS attacks in APAC.

Cyber attacks on Singapore production data among highest in SEA

Three in 10 companies hit by cyber attacks reported that their production data was targeted.

Deepfake fears grip 8 in 10 consumers

Only 7% of Singaporeans, however, have encountered deepfake.

Warehouse occupancy and rents to fall amid increased supply

In 1Q24, rents rose 2.0% QoQ, whilst occupancy fell to 91.1%.

Softer demand to slow rental and price growth for factories

In 1Q24, rental indices saw single-digit increases.