Daily Briefing: Construction of Tuas Terminal project begins; Shophouse prices jump despite lower yields
And 13 jobs where salaries are shrinking.
Construction of the first phase of the Tuas Terminal project officially started, according to the Maritime and Port Authority of Singapore (MPA). Read more here.
Prices of shophouses in Singapore in the Central Business District (CBD) have gone up drastically in the past two years while their rental yields have been sliding. Find out more here.
Weak trade numbers, rapidly dwindling exports, the shrivelling manufacturing sector and a stagnant property market are among the reasons why salaries in some sectors in Singapore are shrinking. Read more here.
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