Daily Debrief: What Happened Today

Published Fri, Oct 7, 2022 · 06:30 PM
    • Overall unemployment rate slid to 1.9 per cent in August; resident unemployment, to 2.7 per cent and citizen unemployment rate, to 2.8 per cent.
    • Overall unemployment rate slid to 1.9 per cent in August; resident unemployment, to 2.7 per cent and citizen unemployment rate, to 2.8 per cent. photo: lim yaohui, The Straits Times

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    Singapore’s August jobless rates fall to 6-year low, but MOM warns of weakness ahead

    OVERALL unemployment rate slid to 1.9 per cent in August; resident unemployment, to 2.7 per cent and citizen unemployment rate, to 2.8 per cent.


    Retail’s updated industry transformation map focuses on Singapore brands, innovation, talent

    SINGAPORE’S updated industry transformation map (ITM) for the retail sector will help Singapore brands go abroad, encourage new experiential concepts, position the country as a lifestyle hub for global brands, and groom local talent for quality jobs.


    Steady demand to support industrial prices and rentals in 2022, despite Q3 bumps: Knight Frank

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    KNIGHT Frank predicts that industrial prices and rentals will stabilise and are on track to growing 3 to 5 per cent for the whole of 2022. 


    Gojek alumnus raises US$2m in pre-seed funding for tech startup

    KLIKIT aims to help restaurants operate more efficiently through its software-as-a-service platform, klikit Cloud, which aggregates and analyses all of a restaurant’s food delivery orders on a single mobile device. 


    Billionaire Mukesh Ambani to open family office in Singapore

    THE Mumbai-based billionaire has picked a manager to hire staff for the new entity and get it running, and the Ambanis have also chosen a real estate.


    The STI today

    Singapore stocks retreat as investors await US non-farm payroll numbers; STI down 0.2%

    THE Straits Times Index (STI) fell 5.75 points or 0.2 per cent to 3,145.81.

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