SINGAPORE – Singapore saw fewer mergers and acquisitions (M&As) and other deals amid the coronavirus-induced recession this year, said a report on Tuesday (Dec 22). A total of 640 transactions worth US$65.3 billion (S$87 billion) – including M&As, initial public offerings (IPOs), and private equity and venture capital deals – were recorded from December 2019 to […]
Read MoreBUSINESS sentiment among small and medium-sized enterprises (SMEs) in Singapore has eased off its record low, but firms are still expected to hold off expansion and capital investments for the first half of 2021. That’s according to the Singapore Business Federation (SBF) and information service Experian’s latest quarterly poll, where 2,100 SMEs across six sectors […]
Read MoreSINGAPORE: Equity investors have given Singapore’s Sembcorp Industries Ltd a big thumbs-up this year after it shed its loss-making marine unit. But 2021 may prove to be a lot less euphoric, according to analysts. The utilities firm is 2020’s top gainer on the benchmark Straits Times Index, after being the worst performer in the preceding […]
Read MoreSINGAPORE – The number of job vacancies in Singapore rose for the first time this year in September, one of several indicators of a pickup in labour market activity. There were 49,600 job vacancies in September, seasonally adjusted, a huge improvement from the decade-low of 42,400 job vacancies in June, according to data from the […]
Read MoreSINGAPORE exports failed to gain ground in November, on a broad-based slump. Non-oil domestic exports (NODX) fell by 4.9 per cent year on year, in the second month of decline, according to trade agency Enterprise Singapore (ESG) on Thursday. This was worse than the median estimate of 0.3 per cent growth in a private poll […]
Read MoreABOUT 47,400 local jobseekers were placed into jobs from April to October under the SGUnited Jobs and Skills Package, with the healthcare sector seeing the highest number of placements. Of these job placements, there was a “good mix” of PMET (professional, manager, executive and technician) and non-PMET roles, with six in 10 in long-term positions, […]
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