Singapore’s economy likely expanded at a substantially slower pace in the fourth quarter of 2022, preliminary data showed on Tuesday, as high inflation and a lull in the country’s major exports took a ...
Singapore Q4 GDP Expands 2.2% Y/y, Beating Forecasts
Gross domestic product (GDP) expanded 2.2% in October-December on a year-on-year basis, the Ministry of Trade and Industry said in a statement. Eight economists polled by Reuters had expected growth ...
SGX Nifty down 30 points; here’s what changed for market while you were sleeping
Nifty futures on the Singapore Exchange traded 26.5 points, or 0.15 per cent, lower at 18,196.50, signaling that Dalal Street was headed for a negative start on Tuesday.
Singapore dollar competes with baht for best regional currency
The baht is set to be powered by an influx of Chinese tourists after the mainland rescinded most of its Covid controls over the past month, paving the way for a recovery in outbound travel. The ...
Singapore’s 2022 GDP Growth Beats Amid Lurking Headwinds
Singapore’s recovery held up in 2022, with a relatively strong year-end performance shoring up the economy ahead of an expected global slowdown this year. Most Read from BloombergElon Musk Becomes ...
Singapore economy grew 3.8% in 2022, slower than 7.6% growth in 2021: MTI advance data
SINGAPORE: Singapore’s economy grew 3.8 per cent for the whole of 2022, slowing from the 7.6 per cent growth in the year before, according to advance estimates released by the Ministry of Trade and ...
Singapore’s GDP grew by 3.8% in 2022: MTI’s flash estimates
In the 4Q2022, Singapore's GDP grew by 2.2% on a y-o-y basis. Singapore’s gross domestic product (GDP) grew by 2.2% on a y-o-y basis in the 4Q2022, moderating from the 4.2% grow in the 3Q2022. This is ...
Singapore’s economy topped forecasts in 2022 but new risks growing
Singapore's economy grew faster that official forecasts in 2022 but slower activity in the fourth quarter points to significant risks ahead for the city-state in the new year as global demand weakens ...
Look Ahead 2023: Young Singaporeans need to act fast to minimise impact as inflation persists and growth slows in new year, say experts
The current climate of persistent inflation and dampened economic growth looks set to continue in 2023, and young professionals in Singapore unused to such scenarios will have to take steps to ...
Dollar steady as investors await economic data, Fed minutes
The U.S. dollar was mostly flat on Tuesday as investors awaited slew of economic data this week along with minutes of the last Federal Reserve meeting that will shed light on the Central bank's ...
A tale of two halves for the market in 2023
First, there will be a volatile bottoming process, and then a rebound, say analysts. Read more at straitstimes.com.
Higher cost of capital a challenge for SGX IPO landscape as Reits, Spacs face lower valuations
INITIAL public offering (IPO) activity on the Singapore Exchange (SGX) could remain muted in 2023 as real estate investment trusts (Reits) adjust to the realities of lower valuations in a higher ...
Stock Market LIVE: Sensex tops 61k, Nifty up 50 pts; Tata Steel, Hindalco gain
Stock markets start flat on the first trading day of 2023. Metal and PSU Bank shine, while Pharma stocks struggle. Tata Steel and Hindalco gain; Bajaj Auto and Asian Paints tank. Asian markets are ...
High credit card debt in S’pore not a concern yet even as discretionary spending picks up, experts say
Cardholders spent money on bubble tea drinks, online gaming and travel, bank data showed. Read more at straitstimes.com.
High credit card debt in Singapore not a concern yet even as discretionary spending picks up, experts say
Cardholders spent money on bubble tea drinks, online gaming and travel, bank data showed. Read more at straitstimes.com.
3 men to be charged with money laundering offences, with one case involving more than S$5 million
SINGAPORE — Three men aged 23 to 28 will be charged on Friday (Dec 30) with alleged money laundering offences in relation to two different scams.