Singapore
Almost half of employers still reluctant to use AI in recruitment
Almost half of employers still reluctant to use AI in recruitment
Employers who have utilised AI do so for shortlisting, amongst others.
Investors shift focus to early-stage and AI-focused fintech firms
In 2H23, AI fintech funding in Singapore soared to US$333.13m.
Daily Markets Briefing: STI down 0.11%; Top stock is DBS
DBS is the top stock despite a 0.628% decrease.
Demand for larger homes fuel HDB resale price growth: experts
A new record number of million-dollar flats was recorded last month.
Airport co-working centre launched for business travellers
The pay-per-minute space at Changi Airport has close to 50 hot desking stations and nap pods, allowing travellers to ‘check-in’ at work.
Retail sales growth to moderate to 1.0% YoY in 2024: expert
Last year, retail sales grew 2.3% YoY.
LTA needs $40m to extend the system running adult EZ-Link cards to 2030
The CBT system for adult commuters will reach end-of-life in 2024.
8 in 10 cybersecurity and IT professionals experience cyber burnout—survey
82% of Singapore respondents experienced increased of burnout in the last 12 months.
HDB resale prices rise 1.5% MoM in January
Year-on-year, prices rose by 5.7%.
HDB doubles supply of Parenthood Provisional Housing Scheme flats
The agency increased the flat supply to 4,000 by 2025 from the current 2,000.
CICT posts 2.1% YoY higher income of $362.5m in 2H23
The REIT attributed the increase to its sound operational performance.
CapitaLand-backed The Work Project signs JV to expand flex-workspace in Australia
Dexus’ operations will be transferred to TWP.
Paragon REIT’s net property income rises 1.7% YoY to $215.1m in FY23
Despite higher income, the REIT declared a 9% YoY lower DPU.
Native Land appoints Chris Fossick as non-executive director
Fossick was formerly JLL Southeast Asia’s CEO.
Hong Lai Huat sells Cambodia properties for $50m
The properties will be sold into two separate sale and purchase agreements (SPAs).
Retail sales drop 0.4% YoY in December
Month-on-month, sales fell by 1.5%.
F&B sales growth eases to 0.3% in December
In November, F&B sales grew 1.6% YoY.
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Commentary
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