Tourism activity in Singapore is expected to recover to pre-pandemic levels by 2024, barring unexpected circumstances.
Singapore Airlines On Slow But Steady Road To Recovery
While monthly progress is happening at Singapore Airlines, the pace of change seems far too slow now that travel restrictions are largely gone.
Singapore private home sales record lowest monthly volume in 14 years
Only 170 units were sold in December 2022. Singapore developers posted sluggish new private home sales in December, transacting just 170 units (ex. Executive Condos). According to PropNex, this is the lowest monthly home sales tally since January 2009 where 108 units were sold.
Singapore’s higher bankruptcy numbers in 2022 part of natural business cycle: Economist
It is more important to look at the percentage of bankruptcies compared with the number of new businesses formed, says economist Song Seng Wun. Read more at straitstimes.com.
Singapore rents set to climb another 10-15 per cent, due to supply crunch and an influx of wealth
Residential rents hammered Singapore ’s tenants with increases of about 21 per cent in the first nine months of 2022 – and the pain looks set to continue this year. ( read original story ...)
Singapore private home rents set to climb another 10-15% this year: Bloomberg analysts
Private residential rents rose about 21 per cent in the first nine months of 2022. Read more at straitstimes.com. ( read original story ...)
DBS remains bullish on SIA following December operating stats; CGS-CIMB downgrades to “hold”, citing limited upside
DBS Group Research’s Paul Yong has kept his “buy” and $6.60 target price on Singapore Airlines, following the flag carrier’s update that it achieved record high passenger load factor of 89.7% in ...
Have S$20,000? 4 Singapore Blue-Chip Stocks to Consider for Your Portfolio
If you’ve just received your bonus, here are four dependable blue-chip stocks that you can park the money in. The post Have S$20,000? 4 Singapore Blue-Chip Stocks to Consider for Your Portfolio ...
Founders of failed crypto fund Three Arrows Capital looking to raise $33m for new venture
The two men behind bankrupt Three Arrows Capital (3AC) are looking for funding to stage a comeback, six months after their cryptocurrency hedge fund collapsed. Read more at straitstimes.com.
Founders of bankrupt Three Arrows Capital pitch new platform for crypto debt claims
The co-founders of the now-liquidated crypto hedge fund Three Arrows Capital are pitching a new company focused on digital currency bankruptcy claims. Kyle Davies and Su Zhu, both founders of defunct ...
Singapore’s Dec non-oil domestic exports fall 20.6% yoy
Singapore's non-oil domestic exports (NODX) declined 20.6% year-on-year in December 2022, led by drops in both electronics and non-electronic products. On a month-on-month seasonally adjusted basis, ...
Singapore’s non-oil exports fall 20.6% in December; third straight month of decline
SINGAPORE: Singapore's non-oil domestic exports (NODX) fell for the third straight month in December due to weak global demand. NODX fell by 20.6 per cent year on year in December from a high base a ...
What are the top challenges faced by businesses in Singapore?
Despite these challenges, 80% of them remain confident in the resiliency of their operations. Manpower challenges remain the top issue concerning businesses in Singapore, data from the Singapore ...
Singapore’s tourism receipts expected to reach 50% of pre-pandemic levels; sector to grow further in 2023
Singapore's tourism receipts, meanwhile, are estimated to reach S$13.8 billion to S$14.3 billion for 2022 - about 50 to 52 per cent of 2019 levels, according to figures released by STB on Tuesday (Jan 17).
Singapore exports down 20.6% in December in third straight month of contraction
SINGAPORE’S non-oil domestic exports (NODX) contracted again in December, dragged by declines in non-electronic shipments and declining deliveries to most of the Republic’s top 10 key markets, data ...
Singapore non-oil exports fall 20.6% in December, worse than expected
Both electronics and non-electronics shipments fell by double digits as key exports shrank for the third straight month. Read more at straitstimes.com.