Singapore could face another round of inflation if firms raise wages

Singapore could face another round of inflation if firms raise wages
 
SINGAPORE : Finance Minister Tharman Shanmugaratnam has warned that Singapore could face another round of inflation if companies increase wages to help workers cope with the higher cost of living today.
 
He said this will also affect Singapore’s competitiveness and the ability to create jobs. [...]

Singapore Q2GDP likely contracted: Dow Jones poll

Singapore Q2GDP likely contracted: Dow Jones poll
Singapore’s economy likely contracted in the second quarter as weak exports weighed on its key manufacturing sector.
 
A Dow Jones Newswires poll of economists forecast gross domestic product to have declined 3.9 percent from the first quarter.
 
Economists said the expected decline is largely due to Singapore’s manufacturing sector, which [...]

Goldhill Centre second fully commercial site put up for collective sale

Goldhill Centre second fully commercial site put up for collective sale
Another full commercial collective site has been put up for sale this year.
 
Marketing agent Jones Lang LaSalle said Goldhill Centre, a freehold commercial site, would be sold in a tender.
 
Located in the Novena Commercial Fringe Centre, Goldhill Centre is the second such full commercial [...]

3 new malls,5 million sq ft

3 new malls,5 million sq ft
 
Will landlords face a possible over-supply?
 
SHOPAHOLICS can look forward to a fresh injection of 5 million sq ft of new retail space by the end of next year, according to Knight Frank’s calculations.
 
By then, at least three big new malls are projected to be ready to welcome [...]