Chart of the Day

Hotel ADRs to outperform in 2024 with packed event calendar

April 2024 year-to-date Average Daily Rates was $288.

Hotel ADRs to outperform in 2024 with packed event calendar

April 2024 year-to-date Average Daily Rates was $288.

Singapore tops SEA fintech funding in H1 with US$518M

The city accounts for 58% of SEA's total funds raised.

How did SG fare in terms of ICT progress?

Singapore scored highest compared to its regional peers.

Earnings up in Singapore, but fewer companies raising wages

Only two in 10 companies plan to increase salaries.

Remote job openings rise in Singapore as demand grows

One in every 23 job serves used remote keywords.

Condo resale volume drops 5.5% MoM in May

Year-on-year, however, volume rose by 7.2%.

Multiplay service revenue to soar to $1.3b by 2028

It will grow at a compound annual rate of 3.9% over five years.

Singapore dominates Southeast Asia tech funding

The city accounted for 68% of total funds raised in SEA in H1 2024.

Singaporeans rank third globally in overseas travel spending

They spend an average of US$2,966 on overseas travel.

How Singapore can achieve its 4GW renewable target by 2035

High cost and land constraints remain challenges to the country's lower carbon power transition.

Singapore housing rents soar 8% YoY, elevating its global expense rank

Its housing rent growth matched Hong Kong, the world's most expensive city.

Singapore’s prime office rental growth lags: CBRE

Seoul was also among the rental growth laggards.

Economists uphold 2.4% full-year GDP growth for Singapore in Q2

Next year, they expect the economy to grow by 2.5%.

Business optimism up in Q3

Construction, transportation and finance sectors are the most optimistic.