Daily Debrief: What Happened Today

Stories you might have missed

Non-resident workers bump up Singapore employment by ‘unprecedented’ 231,700 in 2022

SINGAPORE’S employment levels improved significantly in 2022 compared to the year before. This was on the back of a rebound in foreign workers as border restrictions were lifted and employers backfilled positions, according to the latest data from the Ministry of Manpower (MOM).

Singapore manufacturers’ sentiment worsens; services sector mood moderates: surveys

FOR the third consecutive quarter, Singapore manufacturers remain negative about business conditions in the next six months, while positive sentiment in the services sector has moderated, according to separate quarterly surveys on Tuesday (Jan 31).

Job switching rates in Singapore reach 6 year high: MOM

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THE rate of job switching in Singapore rose to a six-year high in 2022, due to an increase in job opportunities alongside a continued economic recovery, according to the Ministry of Manpower’s (MOM) annual Labour Force in Singapore report on Tuesday (Jan 31).

Changi Airport traffic strongest in December, near pre-Covid levels

PASSENGER traffic in Changi Airport recorded a high in December last year with 4.6 million movements, reaching 72 per cent of pre-pandemic traffic levels in 2019.

Straits Trading prices S$370 million secured exchangeable bonds at 3.25%

THE Straits Trading Company has priced S$370 million worth of secured exchangeable bonds maturing Feb 13, 2028.

Corporate Earnings

• Cromwell E-Reit reports 1.6% portfolio valuation decline for FY2022

The STI today

Singapore shares track Wall Street losses to close 0.4% lower

SINGAPORE shares fell on Tuesday (Jan 31), tracking losses on Wall Street. The Straits Times Index (STI) slid 0.4 per cent or 12.62 points to end at 3,365.67.