MORE Singapore business leaders are in favour of flexible work compared with their global counterparts, putting them on the same page as “born digital” employees who indicate a preference for such flexibility. Nearly eight in 10 (78 per cent) of Singapore business leaders indicated they are in favour of flexible work, compared with just half […]
Read MoreSINGAPORE – Retail sales in Singapore rose 25.8 per cent in June on an annual basis, aided by a low base in the same month last year when stricter curbs to contain the Covid-19 pandemic were in place. The year-on-year growth in June was smaller than the 79.9 per cent jump in May due to circuit breaker measures […]
Read MoreSINGAPORE – Hong Kong’s ESR Cayman will buy the entire share capital of Singapore-based ARA Asset Management (ARA) for US$5.2 billion ($7 billion), the companies said on Thursday (Aug 5). This will create Asia Pacific’s biggest real asset fund manager and the world’s third-largest listed real estate asset manager. If the deal goes through, the combined entity […]
Read MoreSINGAPORE is among the top countries in the world for unicorn startups, with six businesses valued at over US$1 billion. It also took the Republic’s unicorn businesses an average of six years and 11 months to reach a US$1 billion valuation. Singapore is fourth in the global ranking compiled by UK price comparison website Money.co.uk. […]
Read MoreRISING costs of construction is the top potential risk factor that may temper sentiment in the next six months, a poll among senior executives of real-estate firms has found. This finding came from the latest Real Estate Sentiment Index (RESI) published by the National University of Singapore Real Estate (NUS+RE), which represents the Department of […]
Read MoreSINGAPORE – Manufacturing activity in Singapore expanded in July for the 13th month in a row, rising to the highest level since December 2018. The Singapore Purchasing Managers’ Index (PMI) came in at 51 in July, up 0.2 points from the 50.8 in June, according to data released on Monday (Aug 2). The PMI reading […]
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