According to SGX website, the Singapore Straits Times Index (STI) hit a record high of 5,072.34 on 19 May 2026 at closing. This is an all-time high indicating a strong health and profitability of the SGX listed companies. In the years from 2018-2024, I recall STI was always hovering near the 3,500 mark. Divergence of Stock Market vs. Job Market  A booming stock market, one would imagine to be mean economy is doing well as a whole. However, this isn't always the case. In recent months, there have been news of retrenchment hitting the headlines. Some involved the most well-known Singaporean household brands, and hence have caused quite a stir. On 31 March 2026, Yeo Hiap Seng announced laying off 25 employees to consolidate manufacturing to nearby Malaysia. Tiger beer maker, Asia Pacific Breweries also announced on 24 March 2026 that it was relocating all of its beer production in Singapore to Malaysia and Vietnam. On 20 May 2026, Gardenia also announced it was shifting its manufacturing at Pandan Loop in Singapore to...