Daily Debrief: What Happened Today (Mar 10)

Stories you might have missed

Number of Singapore residents living in private condos doubles over last 15 years

[SINGAPORE] The number of Singapore residents – including both citizens and permanent residents – living in condominiums and other private apartments doubled in the last 15 years, driven by upgrader buying, higher incomes, and shifting preferences.

Local workforce makes up over 80% of Singapore’s financial sector: Alvin Tan

[SINGAPORE] More than 80 per cent of Singapore’s financial sector workforce comprises locals, with the sector offering the highest median gross incomes among local workers, Minister of State for Trade and Industry Alvin Tan told Parliament on Monday (Mar 10).

Indonesia’s layoff crisis deepens as factories shut, growth hangs in the balance

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[JAKARTA] A storm is brewing in Indonesia’s job market. Mass layoffs have surged by a worrying 20.2 per cent this last year, with 78,000 jobs wiped out, and it’s only getting worse.

Chocolate Finance suspends instant withdrawals due to ‘high demand’

[SINGAPORE] Financial services firm Chocolate Finance has temporarily suspended instant withdrawals due to “high demand”.

Parktown Residence’s sizzling sales: perks and perils of buying into large integrated developments

FROM the blistering pace of sales at the launch of mega project Parktown Residence, one might think that large-scale integrated developments are especially sought after.