Prices of private residential properties in Singapore clocked their seventh straight quarterly growth, rising five per cent in the fourth quarter of last year with the economic recovery, a buoyant Housing and Development Board (HDB) resale market and low interest rates. For the whole of 2021, prices shot up 10.6 per cent – the biggest […]
Read MoreON the heels of the expected interest rate hikes in the United States, analysts expect the Philippine peso to weaken further against the US dollar this month. Analysts see the peso to trade between P50 and P52 to the US dollar in February after closing January at P50.95:$1. “Peso will start to feel the heat by […]
Read MoreSINGAPORE (BLOOMBERG) – The search is on for South-east Asia’s top-performing currency for the year and the odds are tilting in favour of the Singapore dollar. It is early days yet but the Republic’s currency looks like a strong contender for the crown after the Monetary Authority of Singapore’s (MAS) hawkish shift last week. Quickening inflation and […]
Read MoreSINGAPORE (THE BUSINESS TIMES) – Rents of office space in the central region of Singapore appear to have bottomed out as they ticked up 0.9 per cent in the fourth quarter of 2021 over the previous three months, reversing from a 3.5 per cent decline in the previous quarter. For the whole of 2021, the […]
Read MoreTHOUGH degree holders continued to see high employment rates during the pandemic, their incomes took a hit, according to the Manpower Ministry’s (MOM) annual Labour Force in Singapore report on Friday (Jan 28). The employment rate of degree holders aged 25 to 64 edged up to 87.7 per cent in 2021, having stayed stable in […]
Read MoreSINGAPORE’S labour market is expected to continue improving in 2022, but a recovery to pre-pandemic levels continues to be uneven across the economy alongside the uncertain trajectory of Covid-19, the Ministry of Manpower (MOM) said on Friday (Jan 28). Fourth-quarter total employment, excluding migrant domestic workers, rebounded by 47,400, surging after Q3’s decline of 2,400, […]
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