Hence, upward pressures on Singapore’s import prices are expected to persist." On the domestic front, the labour market remains tight and wage growth is expected to be strong. “Amid firm consumer ... ( read original story ...)
Posts falsely share Singapore’s 2021 pandemic restrictions as ‘new for 2022’
An image has been shared repeatedly on Facebook by Singaporean users alongside a claim that new social distancing measures will be introduced in the Southeast Asian city-state in August 2022. This is ... ( read original story ...)
Singapore: Inflation runs past expectations, could force further MAS action
June inflation at 6.7%, core surges to 4.4%. Singapore’s June inflation blew past market expectations, surging to 6.7% compared to the median forecast of 6.2%. Price pressures i ... ( read original story ...)
OCBC stock-picks from the SGX, says Singapore has ‘largely outperformed’
CapitaLand Investment Ltd (CLI) is up 11.1% for the year, while UOL is up 2.4% for the year, notes OCBC Investment Research. ( read original story ...)
Faster Singapore Inflation Bolsters Case for More Tightening
Singapore’s key core inflation gauge jumped to the highest level in almost 14 years, boosting the case for the central bank to continue tightening monetary policy even after three moves this year.Most ... ( read original story ...)
Singapore’s Zipmex To Write Off $5 Million Exposure To Celsius, Bitcoin, Ethereum Fall 2%
Zipmex had a total of $5 million and $48 million exposure to Celsius and Babel Finance, respectively, and they are engaged in talks with Babel finance regarding the recovery of the same. Meanwhile the ... ( read original story ...)
Singapore June core inflation rises 4.4%, topping forecasts
Singapore's key consumer price gauge rose in June at its fastest pace in more than 13 years, driven by higher inflation across a broad set of categories including services, food, retail and utilities, ... ( read original story ...)
Singapore counts 8th monkeypox case, recommends against vaccination
Two men, one local and one from Estonia, were the two latest cases of the world’s latest disease scare monkeypox, the Ministry of Health announced yesterday.Both the 46-year-old Estonian, who entered ... ( read original story ...)
Singapore’s Consumer Prices Rise at Fastest Pace in More Than 13 Years — Update
Singapore's consumer prices rose at the fastest pace in more than 13 years in June as private transport and accommodation ... ( read original story ...)
DBS keeps ‘buy’ on UOB and OCBC while largely positive on Singapore banks
Lim observes that the banks’ net interest income (NII) will bolster 2QFY2022 earnings as NIM continue to expand ... ( read original story ...)
Billionaire Wee Cho Yaw’s UOL Sells 98% Of Singapore Condo Project Amid Robust Housing Demand
UOL Group Ltd.—controlled by banking and real estate billionaire Wee Cho Yaw—has sold almost all the units of a suburban high-rise residential condominium launched over the weekend, adding to signs ... ( read original story ...)
Archwey, the sustainable materials engineering group, launches global headquarters in Singapore
Archwey, the holding group of three companies that are changing the game when it comes to innovative means of reusing and reducing plastic waste: Arch & Hook, Shieldler and PlasticBean - has launched ... ( read original story ...)
Premia TNC Is Making Singapore Business Setup And Expansion Easier For Foreign Entrepreneurs
SINGAPORE - Media OutReach - 25 July 2022 - Premia TNC (Singapore), a market-leading business consulting and accounting firm, promotes entrepreneurship by supporting foreign talents to set up new ... ( read original story ...)
I went glamping in Singapore’s hot, tropical weather and had a rough time of it. Here are 5 mistakes I made.
Singapore's hot weather didn't make the experience easy — but I made a couple of mistakes that made my overnight stay even more uncomfortable. ( read original story ...)
Rising mortgage rates unlikely to dampen property demand in Singapore until they climb above 3pc, say analysts
The recent bank hikes on mortgage rates are unlikely to dampen demand for both public and private properties unless the rates edge past 3 per cent, ... ( read original story ...)
The Week Ahead – Producer price index, Singapore inflation
A handful of economic data are due this week including the producer price index (PPI), leading index and coincident index. ( read original story ...)