The easing in global financial conditions is another factor for Singapore's sustained growth in 2024. The central bank kept the prevailing rate of appreciation of the $SNEER unchanged in October.
MAS Sees Singapore Disinflation ‘Well-Entrenched,’ GDP Recovery
Singapore’s disinflation trajectory is “well-entrenched” and the economy’s recovery is seen extending into 2025, the central bank said in its latest review, while cautioning on growth and upside risks ...
Singapore central bank expects GDP at upper end of 2%-3% range in 2024 and 2025
Singapore's central bank said on Monday it expects 2024 gross domestic product growth at the upper end of the 2%-3% forecast range, and for next year to have a similar growth pace.
Billionaire Wee Family’s UOL, Partner To Buy Singapore Property For $613 Million
UOL Group and its unit Singapore Land—both controlled by the family of late banking and real estate billionaire Wee Cho Yaw—have partnered with CapitaLand to buy a residential condominium in the ...
Inflation to ease further in 2025, amid moderate external and domestic cost conditions: MAS
THE Monetary Authority of Singapore (MAS) on Monday (Oct 28) repeated its expectation for core and headline inflation to both average 1.5 to 2.5 per cent in 2025, “down significantly from their peaks ...
S’pore’s central bank sees growth and hiring on the rise as inflation eases into 2025
Nearly 60 per cent of the economy is exceeding or at pre-pandemic growth norms. Read more at straitstimes.com.
Singapore’s 2024 GDP Growth Projected at Around Upper End of 2%-3% Forecast Range, MAS Says
Dow Jones Newswires is a market-moving financial and business news source, used by wealth managers, institutional investors and fintech platforms around the world to identify trading and investing ...
Singapore beat Sri Lanka to win Asian netball crown, ending 10-year wait
SINGAPORE: Singapore’s 10-year wait for the Asian netball crown ended on Sunday (Oct 27), after a dramatic victory that came down to the wire. The Singapore Vandas beat defending champions Sri Lanka ...
Sixteen-year-old girl among 112 nabbed for suspected drug offences in Singapore
SINGAPORE: A 16-year-old girl was among 112 suspected drug offenders who were nabbed in an islandwide anti-drug bust, said the Central Narcotics Bureau (CNB) in a statement on Monday (Oct 28).
‘Deadpool & Wolverine’ First Film To Smash S$7 Million At Singapore 2024 Box Office
Deadpool & Wolverine achieves an impressive milestone by becoming the first film in 2024 to surpass S$7 million in Singapore.
How US election may affect Singapore, Chinese rice wine: 5 weekend reads you missed
China rivalry to the bittersweet side of rice wine at weddings, here are five stories you may have missed over the weekend.
Could India become Asia’s next real estate investment hotspot, surpassing even China?
India’s booming economy and growing demand for office space are attracting global investors, making it a potential real estate investment hotspot.
Singapore Stock Market May Open Under Pressure Again On Monday
The Singapore stock market on Friday snapped the modest two-day winning streak in which it had gathered almost 20 points or 0.6 ...
Singapore shares open higher on Monday; STI up 0.1%
SINGAPORE shares began Monday (Oct 28) trading in positive territory as overseas markets clocked mixed results over the weekend. As at 9.03 am, the Straits Times Index (STI) was up 0.1 per cent or ...
Stocks to watch: CapitaLand Ascendas Reit, UOL, Singapore Land, iFast, Q&M Dental, Aoxin Q&M
THE following companies saw new developments that may affect trading of their securities on Monday (Oct 28): Read more at The Business Times.
Private healthcare players pivot to outpatient care as Singapore hospitals battle bed, staff crunch
PRIVATE healthcare players in Singapore are turning their attention to ambulatory care facilities, and expanding such outpatient offerings to help plug gaps in the country’s healthcare system. These ...