THE rapid growth in e-commerce demand for retail purchases represents an opportunity for the logistics services market to grow further in Singapore, said Colliers International in a report. The Glimpsing the Road Ahead: Reshaping the Logistics Market report, citing a study by the payments technology company WorldPay, said the e-commerce market in Singapore is tipped to expand […]
Read MoreDEVELOPERS in Singapore sold 952 private homes in May 2019, up 29.5 per cent from the 735 units they moved in April 2019, but 15.2 per cent lower than the 1,122 units they sold in May last year. This came as 1,394 private homes were launched last month, up from 444 units in April as well […]
Read MoreSINGAPORE’S non-oil domestic exports (NODX) slumped by double digits for the third straight month in May, as uncertainty from global trade tensions, the fading of the electronics cycle, and a high base from a year ago continue to bite. NODX extended its decline to fall by 15.9 per cent in May, following a 10 per […]
Read MoreSINGAPORE: Singapore’s non-oil domestic exports (NODX) fell 15.9% year-on-year in May partly due to a sharp decline in shipments to China, official data showed on Monday. The drop was slightly smaller than the 16.5% decline predicted by economists in a Reuters poll, but more than the 10% fall seen in April. On a month-on-month, seasonally […]
Read MoreOVER S$6 billion worth of green bonds have been issued in Singapore so far, with plans to grow the sustainable finance sector even further, said Acting Prime Minister and Minister for Finance Heng Swee Keat on Wednesday. That is one way that Singapore can contribute to sustainable economic development in Asia, he said. To that […]
Read MoreRETRENCHMENTS rose in the first quarter of the year, driven by manufacturing losses and hitting mainly production and related workers from electronics, said the Ministry of Manpower (MOM) on Thursday. The number of retrenched employees stood at 3,230, up from 2,510 in the previous quarter and also higher than a year ago, the MOM said […]
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