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Singapore Wrap Friday
- Labour demand in Singapore to remain high in 2015: Manpower Ministry
The labour market in Singapore is expected to remain tight in 2015, said the Ministry of Manpower (MOM) on Friday as it gave its outlook for the year.
- Singapore's retail sales down 5% in January
Retail sales decreased 5 per cent in January 2015 year on year, the Department of Statistics announced on Friday. This was due largely to a 42.1 per cent dip in retail sales of food and beverages (F&B) compared to last year, when F&B sales were up because the Chinese New Year fell in January.
- Lee Kuan Yew's condition "largely unchanged": PMO
Former Prime Minister Lee Kuan Yew's condition remains "largely unchanged" since the last update on Mar 6, 2015, the Prime Minister's Office (PMO) said in a brief statement on Friday.
- Lifebrandz to close its F&B outlets in Clarke Quay
Lifebrandz is shutting down its food and beverage (F&B) establishments in Clarke Quay after its subsidiaries were unable to pay employees their salaries for the month of February.
- S$250m scheme for better pre-schools
The Ministry of Social and Family Development is rolling out a S$250 million Partner and Operator Scheme to provide cheaper but better pre-schools in existing childcare centres.
- Singapore: Shares close lower amid mixed performance in region
Singapore share prices closed lower on Friday with the Straits Times Index down 10.83 points, or 0.32 per cent, to 3,362.77 points.