Stabilising The Industrial Sector

According to Colliers International, the stability seen in the industrial property market in the first half of 2013 can be attributed to a culmination of past efforts by the government to rein in industrial property rents and prices, ensuring that…

Rejuvenation Of Tanjong Pagar

The Singapore office market has seen positive rental gains in the first half of 2013, clearly signalling that the bottom of the cycle has passed, with the future looking positive. While Singapore continues to lead the region for banking and…

Labour Market To Stay Tight This Year

More jobs were created in the April-to-June quarter. The economy gained 33,700 more jobs during the second quarter, up from 28,900 in the first three months. This is despite the unemployment rate – at 1.8 per cent last December –…

Prime Office Rents Reverse Decline With 1.4% Rise In Q3

Prime office rents crept up in Q3 amid higher leasing enquiries, according to a property consultancy firm. Reversing seven consecutive quarters of negative or flat growth, prime Grade A+ rents in Marina Bay and Raffles Place posted an increase of…

Singapore’s Dynamism Dims As Growth wanes

Weaker labour productivity and tepid economic growth have pushed Singapore off its first place perch to seventh position in a global ranking of economic dynamism. “We should be clear what the index measures … Singapore has not worsened as an…

Singapore’s Edge Goes Beyond Labour Policies

Singapore can, for now, boast that it came in second for a third straight year on the World Economic Forum’s Global Competitiveness Report 2013-2014’s ranking of 148 economies, thanks to strong financial market development, infrastructure and institutional frameworks. Significantly, Singapore…