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Shipment delays double as ships clog up Singapore's ports - Vimarsana News

Shipment delays double as ships clog up Singapore's ports

Shipment delays in Singapore have more than doubled, hit by a shortage of ships and containers, and congestion at ports. This could translate into higher prices for consumers, amid an impending supply chain crisis. One analyst says some sectors in Singapore are expected to come off worse from container and ship shortag

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Liquidators see more construction firms going bust compared to pre-pandemic - Vimarsana News

Liquidators see more construction firms going bust compared to pre-pandemic

Liquidators are seeing more construction companies going under - higher than pre-pandemic levels, with even the big boys biting the bullet. Firms are reeling from the aftermath of the pandemic amid a high interest rate environment, coupled with the jump in manpower and material costs. Private construction output is als

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Rush from last minute Hari Raya shoppers boosting sales for some firms by 50% - Vimarsana News

Rush from last minute Hari Raya shoppers boosting sales for some firms by 50%

With Hari Raya approaching, some stall owners are seeing brisk business with the rush from last minute shoppers pushing sales up by some 50 per cent. But not all tills are ringing, as some clothes sellers report lower footfall despite giving out bigger discounts. Nasyrah Rohim reports.

Manufacturing sector faces roadblocks in achieving growth targets - Vimarsana News

Manufacturing sector faces roadblocks in achieving growth targets

An association representing manufacturers in Singapore is calling on the sector to take action to innovate or risk falling short of its 10-year target to grow 50 per cent by 2030. Firms added that a lack of manpower and external factors like supply chain disruptions are making it tougher for them to stay competitive gl

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New CPF changes will support retirement needs for seniors: Analysts - Vimarsana News

New CPF changes will support retirement needs for seniors: Analysts

Analysts say the CPF measures to raise retirement sums and remove Special Accounts for those aged 55 will better support the retirement needs of seniors, especially those without financial plans. Still, some Singaporeans CNA spoke to aren't all too sure about the benefits. Nasyrah Rohim reports.