Chart of the Day
Singapore ranks 17th in world’s top sustainable destinations list
It moved up 18 places in the ranking.
Singapore ranks 17th in world’s top sustainable destinations list
It moved up 18 places in the ranking.
1 in 4 Australian MNEs doubt COMPASS’s impact on SG’s workforce diversity
Only half of firms are aware of the point-based system employment framework.
Almost half of B2B companies in SG incur cross-border fees ranging US$10-US$25
The rate is above the average observed in other markets, including the US and the UK.
SG’s outbound investment drops 36.4% QoQ in 3Q23
Year-on-year, outbound investment declined 62%.
Singapore leads FinTech SEA funding in 3Q23
The city accounted for 70% of funding in the quarter.
Number of resold million-dollar HDB flats drop 22% MoM in September
The top HDB resale flat in September was an Executive Room in Bishan St. 24.
6 in 10 firms rank financial risk as a top concern
Almost half of firms expect financial risk to affect their operations in the next 12 months.
4 in 10 SHEIN users prefer buying from sustainable brands
The ultra-fast fashion business has long faced criticism over its environmental impact.
Generative AI-driven jobs rise in SG
One in every 490 job postings in SG is related to Generative AI.
SG consumers’ app spending rises to US$151.27m in 3Q23
App spending rose by US$3.73m within a year.
Value of M&A deals drop 65% YoY in 9M23
The number of deals likewise declined.
Equity issuances up 45% YoY in 9M23
All equity and equity-related issuances in 9M23 raised US$2.9b.
Debt capital markets activity drops 28% YoY in 9M23
Singapore also marked its lowest first nine-month total since 2015.
What are Singaporeans' top concerns about renewable transition?
Despite concerns about transition, Singaporeans (61.6%) want fossil fuel subsidies cut.
5 in 10 employers mull hiring temporary workers
Companies in the energy and utilities sector are most likely to do so.
Chart of the Day: Visitor arrivals to SG edged down to 1.31 million in August
Overnight visitors declined by 1.06 million on a yearly basis.
S-REITs posts negative return in August
Total returns of S-REITs were at -2.5%.
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