Despite the growing optimism, businesses continue to face significant challenges, with labor costs being the most pressing issue.
SINGAPORE: A recent survey conducted by the Singapore Business Federation reveals a growing sense of optimism among businesses regarding the nation’s economic outlook. The 2024 Manpower and Wage Survey Report shows that a larger percentage of companies anticipate economic improvement in the next year than those expecting a downturn.
Industries such as logistics and transportation, along with banking and insurance, are among the most optimistic about future growth. However, the outlook isn’t universally positive, as sectors like hotels, restaurants, accommodation, and administration express less confidence in the year ahead. A limited local talent pool also remains a key concern for many employers.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Minion Land at Universal Studios Singapore to open in 2025, will have themed rides and shopsMinion Land will comprise three distinct areas: Minion Marketplace, Gru's Neighbourhood and Super Silly Fun Land.
Read more »
Minion Land to open at Universal Studios Singapore in 2025The new attraction will include a carousel ride exclusive to Singapore.
Read more »
Minion Land to open at Universal Studios Singapore in 2025The Minions will be coming to Singapore soon. The beloved yellow creatures of the Despicable Me and Minions animated film franchise (2010 to present) will arrive via Minion Land, a new attraction that will open at Universal Studios Singapore (USS) at Resorts World Sentosa...
Read more »
Project 2025 director leaves Heritage Foundation after Democrat attacks and Trump criticismNEW YORK: The director of the Heritage Foundation's Project 2025 vision for a complete overhaul of the federal government has stepped down, a spokesperson for the think tank confirmed Tuesday (Jul 30).
Read more »
Squid Game Season 2 to be released on Dec 26, with final season coming in 2025South Korean actor Lee Jung-jae will reprise his role as Player 456, alongside Lee Byung-hun, Gong Yoo and Wi Ha-jun.
Read more »
Squid Game 2 to be released on Dec 26, with final season in 2025South Korean actor Lee Jung-jae will reprise his role as Player 456, alongside Lee Byung-hun, Gong Yoo and Wi Ha-jun.
Read more »