MORE retrenched residents in Singapore are finding work within six months, and job vacancies have grown to nearly match the unemployed population, according to final first quarter figures on Thursday, which also showed that total employment grew by more than initial estimates. The latest Labour Market Report, which follows advance estimates out in April, affirms […]
Read MoreTHE Asean Financial Innovation Network or AFIN is launching a new digital currency sandbox so that banks and fintechs can experiment with central bank digital currency applications, or CBDCs, and drive global adoption. The not-for-profit entity jointly formed by the Monetary Authority of Singapore (MAS), the International Finance Corporation and the Asean Bankers Association has […]
Read MoreDEVELOPERS in Singapore sold 891 new private homes in May, down 29.7 per cent from April’s 1,268, URA data showed on Tuesday. Sales were likely dampened by the additional restrictions put in place to curb rising Covid-19 cases in the community. Including executive condominiums (ECs), which are a public-private housing hybrid, sales reached 1,230 units, […]
Read MorePRIVATE-SECTOR economists have further raised their growth forecast for 2021 to 6.5 per cent, according to the Singapore central bank’s survey of professional forecasters on Monday. In the previous survey released in March, economists had predicted a full-year growth of 5.8 per cent. This June survey is based on the views of 24 respondents polled […]
Read MoreSINGAPORE – Local companies’ business confidence for the third quarter improved marginally amid an upbeat outlook for the financial, manufacturing and wholesale sectors, according to a survey out on Monday (June 14). However, the outlook for the construction and transportation sectors remained downbeat. The overall Business Optimism Index (BOI) rose to +4.07 percentage points for the July-September […]
Read MoreDining-in at food and beverage (F&B) establishments for groups of up to five people will be allowed to resume from June 21, if the Covid-19 situation in Singapore remains under control in the coming weeks, the multi-ministry taskforce on Covid-19 said at a press conference on Thursday. Other activities that will be allowed to resume […]
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