Singapore on Wednesday projected its economic growth rate for next year to come in as low as 0.5%, as an export slump underscores a worsening global outlook. Trade officials said the range for 2023 ...
Singapore expects trade growth of -2% to 0% for 2023; full-year forecast for 2022 upgraded
SINGAPORE on Wednesday (Nov 23) upgraded its 2022 full-year trade forecasts for the third time this year, even as it projected negative to flat growth for 2023. Read more at The Business Times.
Singapore’s GDP growth expected to come in ‘around 3.5%’ in 2022: MTI
At the same time, Enterprise Singapore has upped Singapore’s full-year NODX growth projection to ‘around 6.0%’ for 2022.
Singapore narrows 2022 growth forecast to ‘around 3.5pc’, sees a lower 0.5-2.5pc expansion in 2023
Singapore's economy is expected to see slower growth of 0.5 to 2.5 per cent in 2023, compared to a forecasted 3.5 per cent growth in 2022 — ...
Singapore projects GDP growth to ease in 2023 amid global slowdown
Singapore on Wednesday forecast its economic growth would slow to between 0.5% and 2.5% in 2023 from about 3.5% this year amid global economic pressures that would hit demand for the city-state's ...
Singapore Q3 GDP grows 4.1% y/y, slower than first estimated
Singapore's economy expanded less than initially estimated in the third quarter, official data showed on Wednesday. Gross domestic product (GDP) grew 4.1% year-on-year in the third quarter, the ...
Singapore’s economic growth forecast to slow in 2023 to 0.5% to 2.5% amid global uncertainties
SINGAPORE: Singapore’s economic growth is forecast to slow to 0.5 per cent to 2.5 per cent in 2023 amid global uncertainties, down from the projected 3.5 per cent growth this year, the Ministry of ...
Uproar as ship with 18,000 tonnes Singapore maize docks
Trade Cabinet Secretary Moses Kuria had on Monday said a legal notice for the importation of Genetically Modified Maize by millers was due this week. However, before the State wou ...
Singapore central bank explains why Binance was on its alert list, but FTX wasn’t
The Monetary Authority of Singapore released a statement on its handling of cryptocurrency exchanges Binance and FTX before the latter’s sudden collapse earlier in November.
Citibank expects Hong Kong property prices to fall another 10 per cent, bottom out in second quarter of 2023
Hong Kong property prices are expected to bottom out in the second quarter of next year at the earliest, following an estimated drop of 20 per cent from a record high posted in 2021, Citibank said on ...
FTX Collapse: Binance, Largest Crypto Exchange, Is Under Investigation
The bankruptcy of the FTX cryptocurrency exchange is pushing regulators to increase their scrutiny of the crypto space.
OCBC report: Young Singaporeans expect to retire early ‘in style’, but worry they can’t afford retirement
A majority of young Singaporeans in their 20s worry that they cannot afford housing and retirement, but they are aiming for a retirement lifestyle that ...
Younger Singaporeans expect to retire earlier and ‘in style’ with S$6,000 monthly expenses, but worry they can’t afford it: OCBC report
Majority of young Singaporeans in their 20s worry they cannot afford housing and retirement, OCBC’s Financial Wellness Index 2022 finds, yet opt for a retirement lifestyle that would cost almost ...
Young crypto investors still plan to invest in cryptocurrencies despite crash: OCBC Financial Wellness Index
According to the index, young Singaporeans are found to have been keener on crypto in order to build their wealth quickly.
Singapore Police warns investors about post-FTX phishing scams
Singaporean Police have warned that scammers are targeting investors still hurting from the losses brought on by the recent bankruptcy of cryptocurrency ...
Singapore Police Says Investigations Into Binance.com Ongoing
The Singapore police is investigating Binance.com over a possible breach of local payment services rules. “Police investigations are ongoing and we are unable to comment further,” according to a statement from the police in response to queries from Bloomberg News.