Singapore
Domestic wholesale trade dips 3.3% QoQ in Q422
Most wholesale trade industries recorded QoQ declines in domestic sales.
Domestic wholesale trade dips 3.3% QoQ in Q422
Most wholesale trade industries recorded QoQ declines in domestic sales.
Younger population’s priority is growing their money
Less than half of those aged 18 to 24 want to understand investments.
Orchard Tower fails to sell
It did not obtain the required threshold for the collective sale.
SingPost’s group revenue rises 2.4% QoQ to $495.1m in Q3
The company attributed the increase to the growth in its logistics revenue.
SG startups can participate for world’s largest startup competition
The top 30 startups in the competition can be considered for $6.6m investment.
SATS wants to stop trading
It has yet to reveal its reason for issuing a request.
Worse may be over for exports: RHB
Exports slightly improved in January but it will decline in the first half of 2023.
Daily Markets Briefing: STI down 0.59%; Mapletree Logistics is most active stock
Mapletree Logistics Trust is top stock.
Salaries to increase anew in 2023, says 7 in 10 employers
In 2022, 61% of employers increased salaries to retain their existing staff.
Business operations, strategies need to be reconsidered to integrate companies’ ESG goals: CLA Global TS leader
This comes as companies are now urged to have a more sustainable business.
Changi Airport’s retail sales hit $1.1b in 2022
The figure represents 37% of sales in 2019.
EnterpriseSG, IFC to heighten supply chain finance for businesses
The partnership will also create joint outreach and business matching.
SGX-listed glovemaker’s net profit declines 93% YoY in FY 22
The total net profit was at $64.9m (THB1.652b).
SIA Engineering net profit dips to $12.8m in Q3FY2223
The figure is $20.4m lower year-on-year.
Everest Insurance Singapore® brings customized solutions and underwriting excellence to the Asia market to meet market demand
As Singapore’s strong economy continues to drive business growth, the Asia insurance market is rapidly evolving in an effort to keep up but is facing significant disruptions. Marked by divestments, shifts in personnel, a reduction in authority on the ground, re-underwriting of underperforming portfolios, and a dearth of customer service provisions, the Asia insurance market is in need of a new partner – one that is financially strong and full of highly skilled and respected professionals with localized expertise who make exceptional service central to everything they do.
Majority of employees still looking to change jobs amidst pay hike
More than six in 10 employees are expecting bonuses.
Six-storey commercial building in Bugis for sale
Its indicative price is from $90m to $92m.
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