Economy
8 in 10 Singaporeans set aside at least 10% of salary for savings
8 in 10 Singaporeans set aside at least 10% of salary for savings
An average Singaporean saves 27% of his/her salary.
October PMI unchanged at 50.8 points
The manufacturing sector has recorded 16 months of consecutive expansion.
Job opportunities for Singaporeans jump 21% YoY in Q3
The engineering, manufacturing, and digital and technology sectors led this increase.
SG leads ASEAN manufacturing sector: report
Nomura expects a 7.1% GDP for Singapore this year.
Joblessness eases for the second straight month in September
The unemployment rate continues to be above pre-pandemic levels.
9 in 10 of SG’s workforce want tech to help define their future: study
45% want technology to aid them in identifying the skills they have to develop.
SG opens VTLs to Australia and Switzerland
The extension is part of the CAAS' cautious effort to revive air travel.
Singapore 2nd most competitive amongst wealth management centres
The country is highly competitive in the mass affluent, high-net-worth segments.
How to avoid greenwashing in impact investing
Avoid asset managers that underperform when the incentive alignment is low.
UOB launches first Singapore-focused ESG fund
This supports SG's goal to finance infrastructures through green bond issuances.
Light at the end of the tunnel: SG fiscal deficit to narrow to 4.6% of GDP
A forecast of 6.3% growth in 2021 is also expected.
Core inflation inches up to 1.2% YoY in September
CPI-All items inflation also increased to 2.5% YoY.
Singapore household spending expected to grow by 3.1% in 2022
This would mean a total of $148.4b household spending.
Singaporeans ahead of the world on ESG issues
72% of Singaporeans were aware of the term 'ESG.'
Raffles Education board responds to investigation, Oei allegations
MAS and CAD lead the investigation.
Singapore dollar to average slightly stronger in 2022 at S$1.3400/USD
The previous projection was at S$1.3600/US$.
Singapore extends Jobs Scheme Support until November
Sectors affected by the extension of Stabilisation Phase will receive 25% wage support.
Commentary
What matters for Singapore’s AI future is consistency, not brilliance
The AI pilot worked. Now comes the real test
Are Singapore startups’ employee incentive plans still competitive?
Singapore’s small exporters need credit that matches their payment cycle
The hidden realities of succession for next-gen heirs
In Asia, fintech leaders must compete on credibility
F1 on a gravel road: Why AI is still stuck in first gear
Why AI blocklists give Singapore firms a false sense of security
When scale arrives before proof: Singapore’s capital allocation question in Southeast Asia
Rethinking fleet ownership in a changing business landscape