Singapore

Market update: STI up 0.4%

Keppel Corporation was top-performing firm at the index.

Prices of private residential properties rise by 0.7% in Q1

This is a slower pace compared with 5% up in the previous quarter.

Keppel Corporation revenue grew by 9% YoY in Q1

The firm’s net profit also improved in the first quarter of 2022.

HDB rents dip 3.4% in Q1 2022

Inflation, however, might push rents to increase by 7-10% for the whole year.

Majority of SMBs to raise IT budget in 2022

Nine in 10 medium-sized businesses say they expect to raise their IT budget.

SG's first shared facility for small-batch food production opens

The facility is expected to benefit at least 200 food manufacturers.

SG's Healthy 365 app to launch DBS-backed digital payment feature

The feature will allow users to convert their "Heatlhpoints" to "HPB Credit$."

CapitaLand, SkillsFuture start 2-year partnership to upskill Singapore’s retail sector

The firms will help upskill 400 workers in about 80 small medium-sized enterprises.

Chart of the Day: Only 28% of Singaporean organisations offer data training to all employees 

Less than half of Singaporean workers with data roles offered data training.

91% of businesses demand data literacy from workers, but only few provide training

Only 28% of organisations provide data literacy training, the lowest globally.

Market update: STI up 0.42%

Jardine Cycle & Carriage, Singtel, and SATS took the lead.

Singapore standardizes template for corporate environmental risk assessment

A workgroup composed of Citi, DBS, HSBC, OCBC, StanChart, and UOB worked on the questionnaire.

Green hiring went up by 15% in 2021

Most of the recruitment of green workers came from the finance sector.

ICA to use more automation in new clearance concept for cargo

It will provide efficient cargo clearance for importers and transport firms.

Singapore insurance conduct committee releases third paper on industry best practices

The latest set of guidelines focuses on elevating higher standards for FA Reps and FAFs.

Enterprise SG launches programme to provide startups access to Sweden market

The programme will be run in partnership with Swedish digital accelerator Epicenter.