PRICES and rentals of industrial space edged up quarter on quarter in Q4 2020 as a delay in new completions nudged the occupancy rate upwards, although prices and rents were still down year on year. According to data released by industrial land and infrastructure agency JTC Corp on Thursday, prices of industrial space were up […]
Read MoreSINGAPORE – Singapore’s resident employment continued to rise in the fourth quarter of last year, leading to an overall rebound to pre-Covid levels by end-2020, latest manpower statistics show. Resident employment grew by 28,900 in the fourth quarter, lower than the 43,200 in the previous quarter but it was the second consecutive quarter to register […]
Read More[SINGAPORE] Singapore and India are in talks about resuming scheduled commercial passenger flights gradually between the two countries. But Singapore is not discussing an air travel bubble arrangement with India in which leisure travel can resume, the Civil Aviation Authority of Singapore (CAAS) has said. Air travel bubbles, such as the one agreed between Singapore […]
Read MoreSINGAPORE (BLOOMBERG) – Foreigners snapping up private apartments in Singapore declined to a 17-year low last year as travel restrictions and lockdowns in various countries deterred them from coming to the city-state. Purchases of units fell to 742 last year, according to real estate consultancy firms ERA Realty Network and OrangeTee & Tie. That’s the […]
Read MoreSINGAPORE factory output was better than expected in December, as a semiconductor surge in the powerhouse electronics segment offset a decline in pharmaceuticals. Industrial production was up by 14.3 per cent year on year, cooling from 18.7 per cent in November but handily beating the median forecast of 12 per cent in a Bloomberg poll. […]
Read MoreSINGAPORE saw core consumer prices fall further in December, even as the headline measure moved out of deflation, according to Department of Statistics (Singstat) consumer price index (CPI) figures on Monday. Core inflation fell to -0.3 per cent year on year, while headline inflation was flat at 0 per cent. Economists had expected both core […]
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