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.
Power constraints keep Singapore's data centre vacancy rate at 1%
The country only has 7.2 MW of available capacity.
How did SG fare in terms of ICT progress?
Singapore scored highest compared to its regional peers.
Good Class Bungalow sales reach $202M in H1 2024, up 8% HoH
H1 2024 recorded nine transactions.
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%.
Facebook tops social media platforms for job seekers
Six in 10 job switchers use the platform.
Business optimism up in Q3
Construction, transportation and finance sectors are the most optimistic.