Singapore has lowered its 2022 GDP growth forecast range from 3–5% to 3-4%, given how the global economic environment has deteriorated since the last assessment. For the 2Q, Singapore’s GDP was up 4.4 ... ( read original story ...)
Singapore cuts upper end of 2022 GDP growth forecast range from 5% to 4% amid deteriorating global economic outlook
Singapore has trimmed its growth forecast for 2022, as the global economic environment weakens further amid challenges such as inflation and persistent supply chain disruptions. ( read original story ...)
Singapore narrows 2022 GDP growth forecast to 3% to 4% amid further deterioration in global economic outlook
SINGAPORE: Singapore has trimmed its growth forecast for 2022, as the global economic environment weakens further amid challenges such as inflation and persistent supply chain disruptions. The Ministr ... ( read original story ...)
Singapore teen arrested after allegedly tweeting about item that will ‘blow up’ at Marina Bay floating platform
The police have arrested an 18-year-old after he allegedly published a Twitter post suggesting that an item would “blow up” at The Float@Marina Bay, ... ( read original story ...)
Singapore’s second-quarter GDP grew 4.4% from a year ago, slower than first estimated
The MTI said it would narrow its 2022 GDP growth forecast to "3% to 4%" from "3% to 5%, adding the external demand outlook for the economy has weakened compared with three months ago. ( read original story ...)
Singapore defence minister says Injured Red Lions parachutist expected to make full recovery with rehab
The member of the Red Lions parachute team who made a hard landing at the National Day Parade on Tuesday (Aug 9) is in stable condition, Defence Minister ... ( read original story ...)
Singapore cuts economic growth forecast range to 3-4% for 2022 as global headwinds grow
Second-quarter growth was revised down to 4.4% from an earlier estimate of 4.8%. Read more at straitstimes.com. ( read original story ...)
Singapore cuts Q2 GDP growth to 4.4%, downgrades range for 2022
Singapore on Thursday revised its second-quarter growth rate downward to 4.4%, from the preliminary 4.8%, citing a deteriorating global economic environment. Amid concerns over persistent inflation, ... ( read original story ...)
Singapore raises 2022 trade forecasts, says strong chip demand likely to continue this year
The export performance in the second quarter of 2022 came in better than expected due to higher oil prices and electronics. Read more at straitstimes.com. ( read original story ...)
Singapore raises trade forecasts as non-oil exports grow 9.1% in second quarter of 2022
SINGAPORE: Singapore raised its trade forecasts on Thursday (Aug 11) amid better than expected performance in the second quarter of 2022. This was driven by oil and electronics trade and higher than ... ( read original story ...)
Scientists Found a Way to Turn Your Body Into a Battery … With Your Clothes
The prototype fabric that came out of the research is set to generate 2.34 watts of electricity per square meter. ( read original story ...)
How Is The Interest Rate Derived For The Singapore Savings Bonds (SSB) And Why It Is Increasing?
However, the current high inflation environment and the resulting interest rate hikes, coupled with the ongoing geo-political tensions and supply chain disruptions, have made some investors seek ... ( read original story ...)
askST: Who manages Singapore’s reserves?
SINGAPORE - The framework used by GIC, the Monetary Authority of Singapore (MAS) and Temasek to determine their contributions to the nation's Budget every year is based on their long-term expected ... ( read original story ...)
Singapore court dismisses Bharat Forge’s petition against Bombardier
Bharat Forge's claims were "hopeless, both factually and logically" said Judge Andre Maniam. ET has seen a copy of the judgement. Maniam also directed Bharat Forge to pay $10,000 to Bombardier. ( read original story ...)
Why Singapore still loves crypto
A new survey from the advertising firm BBH found one in three Singaporean respondents invested in crypto. And 65% of those investors plan on staying. ( read original story ...)
Cathay Pacific investors ride ‘full recovery’ in US$3.1 billion post-pandemic stock rebound as HSBC, Credit Suisse predict more upside
Cathay Pacific likely became profitable last month, a boon for the city’s government as it waits to collect bailout dividends. The stock’s advance this year has outpaced every Hang Seng Index member ... ( read original story ...)