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Singapore retrenchments hit 4,100 in Q3, highest since Q4 2020
THE number of retrenchments in Singapore rebounded in the third quarter, even as the labour market expanded for eight consecutive quarters, early data from the Ministry of Manpower (MOM) showed on Thursday (Oct 26).
Singapore’s factory output decline narrows to 2.1% as electronics production picks up
SINGAPORE’S manufacturing output slid 2.1 per cent on year in September, easing from August’s 11.6 per cent decline as electronics output climbed, data from the Singapore Economic Development Board showed on Thursday (Oct 26).
UOB expects fee income to be bright spot as loans stay muted, costs catch up
FEE income will be a bright spot for UOB ahead as the bank expects loans to stay muted while costs continue to catch up.
Latest 6-month T-bill cut-off yield up at 3.95%, demand falls
THE latest tranche of six-month T-bills issued by the Monetary Authority of Singapore has an interest rate of 3.95 per cent, based on auction results on Thursday (Oct 26).
Condo resale volume falls 18.4% in September; prices climb: SRX, 99.co
THE number of resale condominium units that changed hands fell 18.4 per cent to 738 units in September, compared with the 905 units resold in August.
Singapore stocks decline amid regional rout; STI falls 0.2%
THE Straits Times Index (STI) fell 0.2 per cent or 7.47 points to 3,071.31 amid declines in other regional markets on Thursday (Oct 26).
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