Vulcan Post

📰 Singapore is one of the richest countries in the world. So why are 9 in 10 workers checked out? Worker engagement in Singapore has stagnated since 2019 Ever taken public transport during the weekday morning rush? Packed buses and trains. Corporate uniforms. Eyes glued to phones or staring blankly ahead. Lanyards around necks, coffee in hand, everyone hurrying somewhere that seems incredibly important. However, according to a new report released last week, most… ➡️ Read More: https://vulcanpost.com/912012/singapore-nine-in-ten-worker-disengaged/

📰 ⁠This 52 Y/O kopi business roasts 1,000kg of coffee every month & is winning over younger drinkers Most family bizs don’t last this long, but Yong Seng Coffee is still roasting after 5 decades For more than five decades, Yong Seng Coffee has been a fixture at Tiong Bahru Market. It has weathered the rise of instant coffee, the café boom that’s transformed the neighbourhood in the 2010s, and,… ➡️ Read More: https://vulcanpost.com/911943/yong-seng-coffee/

📰 Temasek and GIC could earn over 100% on their stake in Anthropic. Why did they bet on Claude? Disclaimer: Unless otherwise stated, any opinions expressed below belong solely to the author. Singapore’s investment companies are riding the AI wave, hoping to capitalise on the boom in the industry. Just slightly over three weeks ago, both Temasek and GIC raised their investment in one of the most promising foundational AI companies, Anthropic, the… ➡️ Read More: https://vulcanpost.com/911732/temasek-gic-anthropic/

📰 Katong is one of Singapore’s coolest streets—so why are so many shop units sitting empty? The neighbourhood’s heritage charm hasn’t saved it from a growing vacancy problem Walk down East Coast Road on a weekday afternoon, and you might notice something that doesn’t quite fit the postcard image of Katong: shuttered shopfronts, darkened interiors, and “For Rent” signs that have clearly been hanging there a while. Katong is the… ➡️ Read More: https://vulcanpost.com/911784/katong-empty-shop-units/

📰 Why are so many million-dollar HDBs hitting the market? Because the system works as designed. Disclaimer: Unless otherwise stated, any opinions expressed below belong solely to the author. The headlines will tell you that Singapore’s property market is finally cooling down. In early 2026, the HDB resale price index dipped by 0.1%, signalling a long-awaited breather for exhausted homebuyers. But don’t pop the champagne just yet.… ➡️ Read More: https://vulcanpost.com/911740/million-dollar-hdb-rise-in-singapore/

📰 Degree holders and older workers hit hardest as Singapore retrenchments rise in Q1: MOM At the same time, Singapore also saw a decline in job vacancies Singapore’s job market weakened in Q1 2026 as vacancies fell and retrenchments hit their highest level since Q3 2023. Retrenchments rose to 3,830 in Q1 2026, up from 3,690 in Q4 2025, according to the Ministry of Manpower’s (MOM) finalised… ➡️ Read More: https://vulcanpost.com/911807/more-retrenchments-in-singapore-q1-2026/

📰 Fewer than 2 in 5 S’pore employers plan to hire in the next 3 months. Here’s who’s still recruiting. The city-state’s hiring outlook has fallen to a five-year low Singapore employers are turning more cautious on hiring for the third quarter of 2026. According to ManpowerGroup’s latest Employment Outlook Survey, only 35% of employers in Singapore plan to increase headcount between Jul and Sept. Meanwhile, 41% expect no change to staffing levels, while… ➡️ Read More: https://vulcanpost.com/911768/singapore-hiring-outlook-five-year-low/

📰 AI is quietly bankrupting your cloud budget. Here’s what savvy businesses are doing instead. [This is a sponsored article with Synology.] The cloud was supposed to eliminate infrastructure headaches. Instead, some businesses are discovering a new one: invoices they no longer understand. Storage fees, data retrieval charges, and backup costs are quietly pushing cloud spending higher than many organisations anticipated—and artificial intelligence (AI) is about to… ➡️ Read More: https://vulcanpost.com/911719/synology-business-data-management/

📰 AI salaries in S’pore rose 5x faster than overall wages, with fresh grads landing S$90K AI jobs Salaries for AI roles in Singapore have climbed 15-25% in the last 12 months Artificial intelligence builders are winning even as AI is used to justify cutting jobs in big tech and global banks. In Singapore, salaries for workers developing these systems are climbing up to five times faster than average wages. The pay… ➡️ Read More: https://vulcanpost.com/911685/singapore-ai-salaries/

📰 Shopee lays off staff globally, S’pore cuts reportedly hit product & engineering teams The cuts reportedly affect around 8% of Shopee’s developer workforce worldwide Shopee has begun laying off hundreds of developers globally, including employees in Singapore, as the e-commerce giant restructures its workforce amid a broader industry push towards artificial intelligence (AI). The job cuts, which began this week, will affect approximately 8% of Shopee’s developer… ➡️ Read More: https://vulcanpost.com/911697/shopee-layoffs-singapore-2026/

📰 Jack’s Place has lasted 60 yrs, but it doesn’t want to be a biz people “only remember from the past” “Nostalgia becomes dangerous if it prevents a business from improving,” says 3rd-gen director Alvin Say There are restaurants you eat at, and restaurants you grow up in. Jack’s Place, for many Singaporeans, is firmly the latter. Most Singaporeans would recognise its green-and-white checkered tablecloths anywhere. You might even remember the sizzle… ➡️ Read More: https://vulcanpost.com/911636/jacks-place-singapore-60-years/

📰 These 3 young S’pore hawkers put cheese in a curry puff. They made S$500K in their 1st year. What The Puff produces up to 1,500 puffs a day Singapore’s hawker scene is not short of curry puff stalls. But when Lim Yuan Ming, 24, and his older brother Brandon, 29, decided to start one, they weren’t trying to out-tradition the traditionalists—they wanted to give the curry puff a modern twist. Growing up… ➡️ Read More: https://vulcanpost.com/911573/what-the-puff-singapore/

📰 Singapore workers’ real wages grew by 4% in 2025 as inflation cooled: MOM Fewer firms gave salary increases amid geopolitical uncertainty and easing inflation Nominal wages of full-time resident employees grew by 4.9% at a slower pace in 2025 than 2024’s 5.6%, the Ministry of Manpower (MOM) reported on Thursday. This comes amid Singapore’s overall inflation dropping sharply from 2.8% in 2024 to 0.7% in… ➡️ Read More: https://vulcanpost.com/911560/singapore-workers-wages-grew-2025-as-inflation-cooled/

📰 S’pore beats forecasts, grows by 6% in Q1 — but Singaporeans might not feel it. Here’s why. Disclaimer: Unless otherwise stated, any opinions expressed below belong solely to the author. Singapore’s economy continues its somewhat surprising rally, having grown by a whopping 6% in the first quarter of 2026, following a very strong 2025, when it expanded by 5% across the entire year (even though expectations following Trump tariffs were… ➡️ Read More: https://vulcanpost.com/911544/spore-beats-forecasts-q1-2026/

📰 This S’pore couple started in a home studio. Now, Rihanna & Florence Pugh wear their jewellery. Homegrown jewellery brand State Property is now sold beside luxury giants worldwide Singapore is not short of jewellery stores. From the gleaming counters of Cartier and Tiffany at Ion Orchard to the indie labels that have quietly multiplied over the past decade, the options are vast. But in 2015, when Afzal Imram and his… ➡️ Read More: https://vulcanpost.com/911466/state-property-jewellery/

📰 “As good as fresh”: This S’pore startup cracked year-round Mao Shan Wang & sold 4K boxes in 5 mths Christopher Quek invested S$250K to launch Spike Durian Singapore is not short of durian sellers. From roadside stalls piled high with husks to dedicated cafes serving Musang King tarts, the King of Fruits has never been hard to find—during season, at least. But for the other eight months of the year, your options run… ➡️ Read More: https://vulcanpost.com/911416/spike-durian-singapore/

📰 Report: S’pore workers among world’s least confident about job security Only 15% of workers in Singapore feel safe from job cuts Singapore workers rank among the least confident in the world about their job security—and the numbers are stark. Just 15% of employees feel their role is safe from elimination, according to ADP Research’s latest People at Work report. Only… ➡️ Read More: https://vulcanpost.com/911404/singapore-job-security-2026/

📰 This couple charges hundreds to restore soft toys & some customers even fly in to S’pore for it Isaac Kong and Pamela Theng quit their corporate jobs to fix soft toys for a living Clarissa Wiyono did not fly from Jakarta to Singapore to sightsee. The 29-year-old made the trip specifically to drop off her Dumbo plushie—a 50cm elephant toy she had carried since her visit to Disneyland Orlando through her wedding… ➡️ Read More: https://vulcanpost.com/911366/toy-doctor-mandai/

📰 141 employees retrenched as Gardenia shifts bakery production from Singapore to Malaysia Production at Gardenia’s Pandan Loop manufacturing facility will end on Jun 30 Home-grown bread manufacturer Gardenia is shifting its bakery production from Singapore to Johor Bahru, Malaysia. As a result, it will lay off 141 employees at its Pandan Loop facility, Channel News Asia reported on Wednesday (May 20). The company cited… ➡️ Read More: https://vulcanpost.com/911399/gardenia-singapore-layoffs-moves-bakery-production-to-malaysia/

📰 Meta cuts 8K jobs worldwide, Singapore staff wake to 4AM termination e-mails Staff are encouraged to work from home amid the layoffs Meta is laying off around 8,000 employees globally, as part of a restructuring aimed at improving efficiency and reducing costs as the company invests heavily in artificial intelligence (AI), Bloomberg reported. The tech giant sent out emails in Singapore at 4AM local… ➡️ Read More: https://vulcanpost.com/911395/meta-layoff-singapore-2026/