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Month: February 2024

Posted on 15/02/2024

Singapore shares rise on Thursday after GDP data; STI up 0.3%

SINGAPORE stocks rose on Thursday (Feb 15) morning following news that gross domestic product growth in 2023 was 1.1 per cent, marginally down from advance estimates. Read more at The Business Times.

Posted on 15/02/2024

Singapore maintains 2024 GDP forecast at 1-3% after economy grew 1.1% last year

SINGAPORE: Singapore has maintained its growth forecast for 2024 at a range of 1 to 3 per cent, as data on Thursday (Feb 15) showed the economy growing slightly slower than expected last year. The ...

Posted on 15/02/2024

Singapore’s economy grew 2.2% in the fourth quarter, slower than forecast

On the whole, the Singapore economy grew 1.1% in 2023, slower than the 3.8% expansion in 2022. The growth in 2023 was largely driven by information and communications and transportation and storage ...

Posted on 15/02/2024

Singapore economy grows 2.2% y/y in Q4, lower than estimate

Singapore's economy grew 2.2% on a year-on-year basis in the fourth quarter of 2023, government data showed on Thursday, lower than the advanced growth estimate of 2.8% released last month.

Posted on 15/02/2024

Singapore’s budget to focus on cost of living, employment in test for 4G leaders amid ‘uncertain era’, analysts say

Economists expect fewer handouts this year, after last year's budget focused on social policies and cushioning inflation and a higher GST Recommendations from the nationwide feedback exercise Forward ...

Posted on 15/02/2024

Singapore domestic exports declined 13.1% in 2023 on weak electronics

SINGAPORE - Non-oil domestic exports (Nodx) shrank by 13.1 per cent in 2023 amid weak demand worldwide for electronics and petrochemicals - two of Singapore’s key exports. Read more at ...

Posted on 15/02/2024

Singapore economy grew 1.1% in 2023; MTI keeps 2024 growth forecast at 1% to 3%

The pace of growth for most sectors in the economy is expected to moderate from that in 2023. Read more at straitstimes.com.

Posted on 15/02/2024

Singapore’s 2023 GDP growth revised down marginally to 1.1%; 2024 forecast kept at 1 to 3%

SINGAPORE’S economy grew 1.1 per cent in 2023, revised down marginally from advance estimates, data from the Ministry of Trade and Industry (MTI) showed on Thursday (Feb 15). Read more at The Business ...

Posted on 15/02/2024

Idemia’s automated biometric lanes to open to all foreigners entering Singapore

Idemia has had a presence in Singapore airports since 2017, when it began providing biometrics for border checks at Changi Airport.

Posted on 15/02/2024

Ex-CEO loses lawsuit against hawker after failed S$350,000 investment in prawn noodle business

Mr Tan Cheng Soon Don sued his hawker friend, Mr Teo Aik Hua of Zion Road Big Prawn Noodle, after their joint venture failed.

Posted on 15/02/2024

Singapore Airlines sued for US$1.3 million by flight attendant claims he slipped, hit head during flight from San Francisco

Durairaj Santiran said he slipped on a grease patch during a Singapore Airlines flight and is suing the carrier over unsafe work conditions.

Posted on 15/02/2024

Cannes, Locarno Winners’ Projects Among Singapore Company Momo’s Berlin Co-Production Market Slate (EXCLUSIVE)

Singapore's Momo Film Co has unveiled a six-film slate that includes projects from recent prize-winners at Cannes and Locarno.

Posted on 15/02/2024

Singapore to ramp up anti-drug education efforts targeting youths

Authorities are ramping up anti-drug education efforts targeting youths, as more of them are falling prey to substance abuse due to social pressures and media influence. The country’s narcotics bureau ...

Posted on 15/02/2024

Singapore Logistics Market Reaches New Heights: $325 Billion Boom by 2027 Driven by Innovation & Connectivity: Ken Research

GURUGRAM, India, Feb. 14, 2024 /PRNewswire/ -- Buckle up, logistics enthusiasts! Singapore's vibrant logistics market is poised for another impressive leap, fueled by its strategic location, robust ...

Posted on 14/02/2024

This gaming startup tries to show ‘AI + crypto’ is not a fad

Before the world became fixated on artificial intelligence, thanks to generative AI's advances, cryptocurrency was the darling of many investors. So when ...

Posted on 14/02/2024

4 Singapore Blue-Chip Stocks Poised to Declare a Dividend When They Announce Their Earnings

Singapore Technologies Engineering, or STE, is a technology, defence, and engineering group serving the aerospace, smart city, defence, and public security segments. The group is poised to report its ...

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