Singapore Wrap Monday

Singapore's total employment dips for first time in 5 years: MOM

Singapore's total employment contracted for the first time in five years as the number of people employed here fell by 6,100 in the first quarter of this year.

Developers sold 638 Singapore private condo units in May

Amid a lack of new project launches, developers sold 638 private residential units in Singapore last month, down from 1,167 units in April.

Singapore mobile operators to cease 2G services from April 2017

M1, Singtel and StarHub will cease the provision of all 2G services (voice, messaging, and data services) in Singapore with effect from April 1, 2017.

Singapore retail sales up 5% in April

Retail sales for April expanded 5 per cent year on year, buoyed by double-digit sales growth in motor vehicles.

Mapletree Greater China trust buys Sandhill Plaza in Shanghai for S$402m

Mapletree Greater China Commercial Trust (MGCCT) has acquired Sandhill Plaza in Shanghai for about S$402 million from MSREF VII Leaphart BV.

The STI Today

Singapore: STI slips 0.9% as failed Greece talks hit banks

Singapore shares closed 0.9 per cent lower as at 5:10pm on Monday, with the Straits Times Index down 30.72 points to 3,323.13 as the banks retreated following Europe's failure over the weekend to reach a deal on Greece.