Chart of the Day
Visitor arrivals hit 4.4 million in Q1 as March surge offsets slow start
Visitor arrivals hit 4.4 million in Q1 as March surge offsets slow start
March tourism records strongest growth of the year at 10%.
Profitability improves in 2024 as Singapore firms’ ROA and ROE increase
ROA rises to 6.0% whilst ROE increases to 12.2% in 2024.
Finance and insurance sector controls 71.6% of Singapore assets
Other sectors remain dwarfed by finance holdings of $10.3t.
Corporate assets surge 6.8% to $14.4t record
Total valuations soared from a 2020 baseline of only $11t.
Nearly a quarter of SMEs see conditions worsening in six months: OCBC
Outlook survey signals reduced optimism amongst smaller firms in the latest reading.
Retail SME index hits record 53.4 in Q1 as Mideast tensions loom
Collections rose 15.2%, whilst payments grew 15.5% in the quarter.
Four in ten employees are ‘thriving’, yet only 14% are engaged at work
On workplace sentiment, 43% reported experiencing stress for much of the previous day.
Grade A office supply surge set to peak in 2028
Low completions in 2026 and 2027 give way to a higher delivery cycle in 2028, Cushman & Wakefield data shows.
CBD Grade A office rents climb 1.4% in Q1 as tight supply squeezes tenants
Vacancy rates fall to 4.1% as flight-to-quality demand persists.
Residential leads transaction volume by property with 38.5% of investment sales
GLS activity and public sector awards drive the quarterly growth.
Investment sales hit $11.48b in Q1 amidst private sector decline
Seven land parcels under the GLS Programme offset the contraction within the private sector.
Locals monopolise 69% of luxury homes as foreign buyers remain 'marginal'
Non-resident and corporate buyers have been pushed to the sidelines.
SGX climate risk reporting surges to 87% as integration lags
A 25-point gap shows disclosure outpaces integration into risk frameworks.
SGX issuers reach 98% disclosure in governance, metrics under TCFD
Strategy and risk management disclosures also climb above 90%.
Singapore startups report no IPOs and four acquisitions in March
Data from Tracxn shows March saw steady acquisition activity and no companies going public.
Early-stage deals dominate March startup funding
Total funding hits $229.3m across 17 rounds, with seed contributing $51.1m.
Singapore VC funding rebounds to $229m in March
Tracxn data shows volatile funding trends over the past year, with January hitting $2.1b.
Commentary
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What the latest sanctions regimes mean for Singapore businesses
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Where does value creation really happen?