THE recovery of Singapore’s tourism sector has accelerated and is now expected to show next year, ahead of the earlier forecast mid-2020s, according to Minister of State for Culture, Community and Youth Alvin Tan. “The recovery of tourism is accelerating faster than we expect… now it is accelerating and we expect recovery next year, 2024,” […]
Read MoreNEW private home sales plummeted in December to the lowest since 2009, according to data released by the Urban Redevelopment Authority on Monday (Jan 16). Developers in Singapore sold a total of 170 units last month, excluding executive condominiums, down 34.6 per cent from the 260 units moved in November last year. The latest December […]
Read MoreBUSINESSES hope Singapore Budget 2023 will support them in addressing costs (74 per cent), manpower challenges (57 per cent) and assistance in cash flow management (48 per cent), according to the Singapore Business Federation’s (SBF) latest National Business Survey 2022/2023. Other areas of support required include help with the transformation and deepening of enterprise capabilities […]
Read MoreSINGAPORE’S unemployment rates dipped slightly in November and held steady at around pre-pandemic levels, according to the latest figures from the Ministry of Manpower (MOM) on Monday (Jan 9). The overall unemployment rate nudged down slightly to 1.9 per cent, from 2 per cent the month before. Resident unemployment was the same as the previous […]
Read MoreSINGAPORE’S retail sales rose 6.2 per cent on the year in November, continuing from the previous month’s 10.3 per cent growth, Department of Statistics (Singstat) data showed on Thursday (Jan 5). On a month-on-month seasonally adjusted basis, retail sales were down 3.7 per cent, reversing from the 0.1 per cent growth charted in October. November’s […]
Read MoreSINGAPORE – Concerns about an economic slowdown have slightly tempered hiring optimism among employers in Singapore, though they are still prepared to pay more to attract and retain enough staff to gear up growth efforts. Most workers can expect salary increments of 3 per cent to less than 5 per cent, and about nine in 10 employers […]
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