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S'pore financial sector, O&M layoffs likely to ease: report

ICAEW sees better job conditions overall but warns that domestic factors remain a drag on economy

The ICAEW report says the correction in Singapore's housing market will continue, although the recent easing in property restrictions will provide some support for the struggling sector.


EMPLOYMENT conditions in Singapore are expected to improve later this year as the drag from sharp retrenchments in financial services and oil and gas-related sectors ease, while a property recovery is not on the cards yet, said the latest report by the Institute of Chartered...

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