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SIM Academy (SIMA), the professional development arm of the Singapore Institute of Management, offers programmes that support several capability areas highlighted in Singapore’s workforce insights. According to SkillsFuture Singapore’s Skills Demand for the Future Economy report, emerging demand is being shaped by growth in the digital, green and care economies, alongside transferable capabilities such as business management and data-related skills. These trends reflect the increasing importance of capabilities such as data and artificial intelligence literacy, cyber resilience awareness, sustainability and ESG knowledge, project management and delivery, as well as risk management and strategic planning. SIMA’s professional development programmes are designed to help working professionals build competencies in these areas as organisations adapt to technological change and sustainability priorities.

Global labour market analysis supports this shift. The World Economic Forum Future of Jobs Report identifies AI and big data, networks and cybersecurity, and technological literacy among the fastest growing skills worldwide as organisations adopt digital technologies and automation.

In Singapore, workforce insights from SkillsFuture Singapore SSG and Workforce Singapore WSG highlight growing demand for skills aligned with the digital, green and care economies, alongside transferable competencies such as project management, risk assessment and digital tool proficiency.

Among the emerging capabilities, data and AI literacy is becoming increasingly important across industries as organisations adopt data driven decision making and artificial intelligence enabled tools. According to the World Economic Forum Future of Jobs Report, AI and big data are among the fastest growing skill areas globally as companies accelerate digital transformation. In Singapore, organisations including small and medium sized enterprises are also exploring practical ways to adopt AI in their operations. To support this need, SIM Academy offers programmes focused on digital innovation and emerging technologies. These include AI.dea: An AI Bridge Programme, developed in collaboration with Singtel, that helps SMEs develop actionable AI adoption strategies and prepare for scalable AI implementation.

Another skill gaining prominence is cybersecurity, which increasingly affects organisations of all sizes and sectors. In Singapore, the growing importance of cybersecurity skills is reflected in national workforce and digital economy priorities. SIM Academy supports capability building in this area through selected programmes for different audiences. These include Cyber Resilience programmes for corporate learners, as well as cybersecurity training offered under the SkillsFuture Career Transition Programme SCTP. Together, these programmes support workforce development in cybersecurity and organisational resilience in an increasingly digital operating environment.

Singapore’s sustainability agenda is also shaping workforce needs. With the government advancing initiatives under the Singapore Green Plan 2030, businesses are strengthening capabilities related to sustainability strategy and ESG practices. SIM Academy offers sustainability focused programmes such as Life Cycle Assessment for Sustainability, which equips professionals with knowledge in LCA frameworks, enhance sustainability decision-making and strategic sustainability and compliance.

Organisations are also prioritising risk management and strategic planning capabilities as they navigate evolving geopolitical, technological and economic uncertainties. SIM Academy’s leadership and management programmes help professionals develop strategic thinking, systems leadership and decision making capabilities relevant to today’s complex business environment.

SIMA offers more than 300 professional development courses across areas such as management and leadership, digital innovation and sustainability. These programmes are designed to support working professionals in upgrading their skills and staying competitive in a rapidly changing economy.

References:

1. SIM Academy Professional Development – https://www.sim.edu.sg/professional-development/overview
2. SIM Academy Course Listings – https://www.sim.edu.sg/professional-development/courses/course-listing
3. Life Cycle Assessment for Sustainable Organisation – https://www.sim.edu.sg/professional-development/courses/course-listing/life-cycle-assessment-for-sustainable-organisations
4. PMP Prep Course – https://www.sim.edu.sg/professional-development/courses/course-listing/project-management-professional-pmp-l4-sfw
5. World Economic Forum Future of Jobs Report – https://www.weforum.org/publications/the-future-of-jobs-report-2025/
6. SkillsFuture Singapore Skills Demand for the Future Economy Report – https://jobsandskills.skillsfuture.gov.sg/insights/sdfe
7. Singapore Green Plan 2030 – https://www.greenplan.gov.sg/
8. SkillsFuture Singapore Green Skills Committee Report – https://www.ssg.gov.sg/newsroom/green-skills-committee-report-identifies-green-skills-and-training-pathways-needed-for-a-low-carbon-economy-/
9. Ministry of Education / SkillsFuture Singapore speech on skills demand – https://www.moe.gov.sg/news/speeches/20250122-opening-address-by-ms-gan-siow-huang-minister-of-state-ministry-of-education-for-the-launch-of-the-skills-demand-for-the-future-economy-report-2025-marina-bay-sands-expo-and-convention-centre
10. MyCareersFuture CareersCompass insights on future skills – https://content.mycareersfuture.gov.sg/futureproof-career-top-demand-skills-2025/

Hashtag: #SIMAcademy #SIMA

https://www.sim.edu.sg/

The issuer is solely responsible for the content of this announcement.

About SIM Academy

SIM Academy provides leading-edge professional development and enterprise solutions. SIM Academy offers over 300 executive and business programmes that help almost 10,000 professionals annually on average hone their competencies to drive business value and achieve peak personal and enterprise performance.

Our programmes encompass a comprehensive range of lifelong learning opportunities designed to empower professionals with the knowledge, skills, and competencies necessary to become effective change-makers and leaders in today’s volatile and uncertain business landscape.

For more information on SIM Academy, visit sim.edu.sg

Phuket is consolidating its reputation as a stable and secure residential destination for international families, driven by rising long-haul connectivity, sustained property demand, and the continued expansion of integrated communities such as Laguna Phuket.

Developers and market observers point to a steady influx of buyers from Europe, the Middle East and parts of Asia, many seeking second homes or relocation options that combine lifestyle appeal with perceived safety and infrastructure reliability. The island’s positioning has strengthened as global travel networks stabilise, with airlines restoring and expanding direct routes that reduce dependence on regional transit hubs.

Property agents report that demand for villas and managed residences has remained resilient despite broader economic uncertainties. Buyers are increasingly prioritising privacy, security and access to international-standard amenities, including healthcare and education, factors that have become central to relocation decisions among globally mobile families. This shift has contributed to sustained price support in premium segments, even as other markets experience fluctuations linked to interest rate pressures.

Laguna Phuket, one of Southeast Asia’s largest integrated resort developments, continues to play a pivotal role in shaping the island’s residential narrative. The area has expanded beyond its origins as a resort complex into a mixed-use community offering branded residences, leisure facilities and infrastructure tailored to long-term living. Industry analysts note that such master-planned developments provide a level of predictability and governance that appeals to foreign buyers navigating unfamiliar regulatory environments.

Thailand’s regulatory framework for foreign ownership remains a key consideration, with condominium purchases offering a more straightforward pathway than landed property. Developers have adapted by structuring projects to align with legal constraints, including leasehold arrangements and managed ownership models. Market participants say this flexibility has allowed Phuket to remain competitive with regional alternatives such as Bali and parts of the Gulf, where regulatory regimes differ but competition for affluent expatriates is intensifying.

Connectivity has emerged as another critical driver. Phuket International Airport has seen a gradual expansion of long-haul routes linking the island to major cities in Europe and the Middle East. Airlines have responded to sustained leisure demand by maintaining seasonal services for longer periods and, in some cases, converting them into year-round operations. This has enhanced accessibility for families seeking to maintain ties with home countries while residing abroad.

Education infrastructure has also expanded, with international schools on the island broadening curricula and increasing capacity. Institutions offering British, American and international baccalaureate programmes have reported rising enrolments, reflecting a more permanent expatriate population rather than short-term visitors. Healthcare services have followed a similar trajectory, with private hospitals investing in facilities and specialist care aimed at international residents.

Security and governance remain central to Phuket’s appeal. Local authorities have emphasised public safety measures and infrastructure upgrades, including road improvements and utilities management, to support population growth. While Thailand’s broader political landscape has seen periods of uncertainty, Phuket’s tourism-driven economy and established administrative structures have provided a degree of continuity valued by investors.

Economic diversification has added another layer to the island’s evolution. Although tourism remains the dominant sector, ancillary industries such as wellness, digital services and remote work hubs have expanded. The rise of remote working has encouraged a segment of professionals to relocate for extended periods, blending lifestyle considerations with employment flexibility. This has reinforced demand for properties designed for year-round occupancy rather than seasonal use.

Pricing dynamics reflect this transition. High-end villa developments and branded residences have seen consistent interest, with some projects reporting strong pre-sales activity. At the same time, mid-market segments have experienced more moderate growth, suggesting a bifurcation driven by buyer profiles. Developers are responding by tailoring offerings to distinct segments, from luxury beachfront estates to compact units suited for remote professionals.

Environmental considerations are increasingly shaping development strategies. Concerns about overdevelopment, waste management and coastal preservation have prompted calls for stricter planning controls. Some projects have incorporated sustainability features such as energy-efficient design and water management systems, aligning with global trends and buyer expectations. Balancing growth with environmental protection remains a challenge, particularly as demand continues to rise.

Competition from other destinations has intensified. Bali has attracted interest with its cultural appeal and relatively accessible property structures, while Gulf cities have promoted tax advantages and large-scale master-planned communities. Phuket’s advantage lies in its combination of established tourism infrastructure, natural assets and a maturing residential market. Analysts note that maintaining this edge will depend on continued investment in connectivity, governance and sustainable development.

Cushman & Wakefield Interpretation Report Highlights Eight Impact Areas for Real Estate Market

HONG KONG SAR – Media OutReach Newswire – 20 March 2026 – Global real estate services firm Cushman & Wakefield has released its China’s Two Sessions 2026: Interpreting the Government Work Report publication. Against a backdrop of increasingly complex domestic and international conditions, the 2026 government work report outlines more flexible and adaptive targets for national economic development. These policy directions will have a profound influence on the real estate sector. The market’s transition from focusing on incremental expansion to revitalizing and optimizing existing assets — combined with the accelerating integration of artificial intelligence across industries —will reshape market structures, redefine asset values, and reconfigure spatial development patterns in far-reaching ways.

Macroeconomic Stability Strengthens the Foundation for Commercial Real Estate Stabilization

China’s core economic targets for 2026 are clearly defined, with GDP growth set between 4.5%–5%, balancing the dual objectives of stabilizing growth and adjusting structure. This forms a strong macro foundation for the stabilization and gradual recovery of the commercial real estate sector. Between 2024 and 2025, GDP growth remained steady at around 5.0%. For 2026, the fiscal deficit ratio is maintained at a relatively high 4.0%, with RMB4.4 trillion in local special‑purpose bonds. The quota for ultra‑long‑term special treasury bonds is further expanded to RMB1.3 trillion. Coordinated fiscal and monetary policies will continue to support leasing demand recovery and improved business sentiment in the commercial property market.

Accelerated Industry Transformation Sees Quality Enhancement of Existing Assets Become the Core Theme

The report emphasizes a three‑pronged approach of “city‑specific policies to control new supply, reduce inventory, and improve quality”, while encouraging diverse channels to revitalize existing housing stock and advancing the construction of “good homes.” This marks an accelerated shift from incremental expansion to quality enhancement of existing assets. In 2024, China’s real estate value‑added as a proportion of GDP was just 6.3%, far below the 12.56% average of developed economies. This reflects a structural imbalance characterized by heavy investment in development and insufficient focus on services and leasing. The ongoing transition will make asset management, property services, and leasing operations increasingly central to asset valuation.

Consumption‑Driven Momentum Creates a New Growth Window for Retail Properties

Consumption‑boosting policies are injecting new vitality into the retail property market. The government work report allocates RMB250 billion of ultra‑long‑term special treasury bonds to support product upgrades and replacement, complemented by RMB100 billion in coordinated fiscal‑financial funds — creating a RMB350 billion consumption stimulus package. In 2025, China’s total retail sales of consumer goods exceeded RMB50 trillion, with per‑capita GDP reaching USD13,953, signaling a critical inflection point where service‑oriented consumption accelerates. With services currently accounting for just 46.1% of consumption, there remains significant room for growth. Policies promoting “high‑quality service consumption” and “new consumption scenarios,” combined with the promotion of staggered school holidays in spring and autumn, will create opportunities for high‑quality shopping centers focused on experiential and social retail formats.

AI‑Powered Intelligent Economy Drives an Upgrade in Office Market Demand

The rapid evolution of the intelligent economy is reshaping office market demand. The work report calls for expansion of “AI+,” wider deployment of intelligent agents, and accelerated development of large‑scale computing clusters, indicating the transition of AI into commercialized and scaled applications. In 2025, China’s core digital economy industries accounted for more than 10.5% of GDP, with the target set at 12.5% during the 15th Five‑Year Plan. AI‑related companies are expected to become key new leasing drivers in 2026. This will also stimulate a fresh investment cycle for data centers and industrial parks, with core computing hub cities — in the Beijing‑Tianjin‑Hebei region, Yangtze River Delta, and the Guangdong‑Hong Kong‑Macao Greater Bay Area — set to benefit first.

Capital Market Reforms Expand, Enabling a Full “Investment–Financing–Management–Exit” Cycle for Commercial Real Estate

Capital market reforms continue to support expansion in commercial real estate investment. The work report calls for deepened reform of comprehensive investment and financing mechanisms, expanded exit channels for private equity and venture capital, and accelerated growth of the public REITs market. By 2025, China’s public REITs issuance exceeded RMB210 billion, making it the largest REITs market in Asia. In 2026, commercial public REITs enter their first year of development, with pilots extended to hotels and commercial offices. This establishes a “dual‑engine” landscape of “infrastructure + commercial real estate” and enables a more complete investment‑financing‑management‑exit cycle

Further Opening‑Up Boosts Cross‑Border Logistics and Foreign Investment Demand

China’s opening‑up objectives in 2026 feature two core characteristics: expanding services sector openness to attract foreign investment, and promoting standardized, high‑quality development of cross‑border e‑commerce. In 2025, China’s cross‑border e‑commerce imports and exports totaled RMB2.75 trillion, with growth outpacing overall trade for the fourth consecutive year. The sector’s demand for high‑specification warehouses — characterized by high density and rapid turnover —continues to rise. Cushman & Wakefield data shows that the warehouse market is experiencing volume growth alongside price adjustment, with notable regional differences. As cross‑border e‑commerce becomes more regulated, and cold‑chain logistics demand continues to expand, green‑certified, intelligent high‑spec warehouses are expected to gain a competitive advantage.

Advancement of New Urbanization Brings Opportunities for Urban Clusters and Urban Renewal

A notable highlight among 2026 urbanization policies is the first‑ever proposal to build “innovation‑driven industrial communities and business communities.” This concept breaks the traditional boundary between industrial parks and business districts, fostering integrated complexes that combine office, commercial, and residential functions. The report also supports the development of world‑class city clusters in the Beijing‑Tianjin‑Hebei region, the Yangtze River Delta, and the Greater Bay Area, while enhancing the dual‑city Chengdu‑Chongqing Economic Circle and accelerating growth in the middle‑Yangtze city cluster — further intensifying regional differentiation in the commercial property market. Urban renewal and revitalization of existing stock assets are core pillars of the current urbanization strategy. Policies promoting the reuse of existing land and idle buildings align closely with efforts to revitalize existing housing stock. For owners and operators of prime urban assets, regeneration projects offer strategic opportunities for repositioning and value enhancement.

Green Transformation Prompts Sustainability Certifications to Become a Key Competitive Advantage

The work report dedicates a standalone section to the green transition, announcing dual controls on total carbon emissions and intensity, as well as new policy tools such as zero‑carbon parks and a national low‑carbon transition fund. In 2025, China’s national carbon market saw 235 million tons of allowances traded, with transaction value reaching RMB14.63 billion, up approximately 24% year‑on‑year. Carbon costs have become an increasingly important factor in corporate leasing and location decisions. With 97.9% of newly built urban buildings in 2024 meeting green standards, green retrofits of existing buildings are gaining momentum. Commercial properties certified under LEED, WELL, and China’s Green Building Label standard enjoy notable advantages in rental premiums and tenant attraction.

Sabrina Wei, Chief Policy Analyst and Head of Research, North China, Cushman & Wakefield, said, “The 2026 government work report outlines a clear development vision for commercial real estate characterized by macroeconomic stability, targeted policies, and structural transformation. A GDP growth rate of 4.5%-5% will provide market stability, a RMB350 billion consumption stimulus will activate demand for retail properties, “AI+” will reshape the office market; capital market reforms and public REITs will enable a full “Investment–Financing–Management–Exit” cycle, urban renewal will unlock values of existing assets, and green certification will define new competitiveness for the industry. As the real estate industry transitions from a construction‑focused model to one centered on operations and services, institutions with strong capabilities in asset management and high‑quality operational service delivery will be best positioned to capture the emerging opportunities of this transformative new cycle.”

To access the full report please click here.
Hashtag: #CushmanWakefield

The issuer is solely responsible for the content of this announcement.

About Cushman & Wakefield

Cushman & Wakefield (NYSE: CWK) is a leading global commercial real estate services firm for occupiers and investors with approximately 53,000 employees in over 350 offices and nearly 60 countries. In Greater China, a network of 23 offices serves local markets across the region. In 2025, the firm reported revenue of $10.3 billion across its core services of Valuation, Consulting, Project & Development Services, Capital Markets, Project & Occupier Services, Industrial & Logistics, Retail, and others. Built around the belief that Better never settles, the firm receives numerous industry and business accolades for its award-winning culture. For additional information, visit www.cushmanwakefield.com.hk or follow us on LinkedIn (www.linkedin.com/company/cushman-&-wakefield-greater-china).