Singapore

4 things real estate experts want from the 2023 budget

PropNex’s wishlist aims to help segments of the population to own homes.

Gov’t may create national supply chain disruption task force to help businesses

KPMG said the task force can focus on offering support for vulnerable sectors.

Large operators to dominate flexible office market

Workthere said smaller brands will likely be acquired by large operators as competition in the market intensifies.

UOB to issue S$850m perpetual capital securities with 5.25% rate per annum

The distribution rate will reset on 19 January 2028 and every five years thereafter.

Over 4 in 10 workers search for better-paying jobs amidst escalating prices

Singaporean workers expect their financial situation to deteriorate this year.

6 former Keppel O&M senior management staff issued stern warnings over corruption

They allegedly gave US$55m bribe payments to officers of Petrobras.

ComfortDelGro to face lower earnings due to weak overseas operations

The analyst lowered its public transport margin for the final quarter.

Chart of the Day: Vacancy rate for business parks grew to 16.8% in Q4

This was due to inability of demand to keep up with new completed projects.

Gradual easing of inflation to stabilise S-Reits: analyst

Inflation slowly eased in October and November 2022.

6 in 10 local fund managers predict a global recession in 2023

They, however, believe that Asia will see “light” amidst a gloomy year.

ONE Pass: A potential solution to Singapore’s leadership talent challenges

Singapore unveiled a new long-term work visa in late 2022. Singapore's ONE Pass is targeted towards attracting specific senior-level talent — those with regular monthly salaries of at least S$30,000 ($US21,128). The extended 5-year duration of the ONE Pass will also be an excellent way for individuals and businesses to consider Singapore as a long-term option.