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Posted on 23/11/2022

Singapore sees low 0.5% GDP growth in 2023 as exports slump

SINGAPORE: 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 ...

Posted on 23/11/2022

Singapore police say investigations into Binance.com ongoing

(Bloomberg) — Singapore police are 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 ...

Posted on 23/11/2022

Singaporean Distributor Springmount Services Brings Australian Eco-Friendly Brand Natroshield To Singapore

Natroshield, an Australian innovator in the fast-growing market of non-toxic and alcohol-free disinfectants, mould control, and sanitisers, has announced a distribution deal with local distributor Springmount Services.

Posted on 23/11/2022

Top 8 Luxury Condos in Singapore: Interlace, Nassim Hill, Ardmore Park & more

From award-winning architecture to boutique concepts and even marine conservation, here are 8 of Singapore’s best luxury condominiums that stand out in a crowded marketplace. From ultra-luxe fittings ... ( read original story ...)

Posted on 23/11/2022

Singapore sees 2023 GDP growth as low as 0.5% as exports slump

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 ...

Posted on 23/11/2022

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.

Posted on 23/11/2022

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.

Posted on 23/11/2022

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 — ...

Posted on 23/11/2022

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 ...

Posted on 23/11/2022

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 ...

Posted on 23/11/2022

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 ...

Posted on 23/11/2022

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 ...

Posted on 23/11/2022

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.

Posted on 23/11/2022

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 ...

Posted on 23/11/2022

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.

Posted on 23/11/2022

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 ...

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