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Posted on 22/11/2024

Singapore Q3 GDP up 5.4% y/y, higher than advance estimate; 2024 forecast upgraded

Singapore's economy grew 5.4% in the July-September quarter from a year earlier, higher than the 4.1% official advance estimate released last month and above market expectations, government data ...

Posted on 22/11/2024

Singapore’s Economic Growth Outpaces Expectations

Singapore’s economy grew more quickly than initially estimated in the third quarter, backing views that growth is on track to at least more than double for the year.

Posted on 22/11/2024

Singapore’s 2025 growth forecast at 1-3%; 2024 forecast upgraded to ‘around 3.5%’

SINGAPORE’S official growth forecast for 2025 is between 1 and 3 per cent, while the full-year growth forecast for 2024 has been upgraded to “around 3.5 per cent”, said the Ministry of Trade and ...

Posted on 22/11/2024

Singapore upgrades 2024 economic growth forecast to around 3.5%

Singapore's economy grew 5.4 per cent in the third quarter of the year, up from the advanced estimate of 4.1 per cent.

Posted on 22/11/2024

Singapore raises 2024 growth forecast to around 3.5% as economy beats forecasts with 5.4% Q3 rise

MTI said that on balance, Singapore’s overall external demand outlook is expected to remain resilient for the rest of 2024. This, coupled with the ongoing recovery in global electronics demand, should ...

Posted on 22/11/2024

In forgotten parts of Singapore’s iconic Orchard Road shopping street, a new era is taking shape

Orchard Road, Singapore’s main shopping street, is 2.2 km (1.3 miles) long but much of the activity takes place in the middle of the stretch.

Posted on 22/11/2024

US October gasoline imports hit post-pandemic low on slump in European shipments

U.S. waterborne gasoline imports fell in October to their lowest since the COVID-19 pandemic, with European shipments to the U.S. Northeast hitting a record low and Asian cargoes more than halved from ...

Posted on 22/11/2024

Singapore consumers want better AI, with 59% willing to switch brands

Singapore consumers have an increasingly low tolerance for bad experiences with AI, with nearly six in ten ready to switch to a competitor after just one bad in ...

Posted on 22/11/2024

70 passengers fall ill with highly contagious stomach flu on 31-day cruise from Singapore to Los Angeles

The Centers for Disease Control and Prevention identified the culprit as a norovirus, which is a highly-contagious group of viruses that spread from person to person ...

Posted on 22/11/2024

Gold prices rose sharply in 2024. Is it a good time to invest in gold?

Gold prices rose sharply in 2024, and could reach US$3,000 by the third quarter of 2025, says an expert. But there are risks involved. Read more at straitstimes.com.

Posted on 22/11/2024

Singapore teacher who molested former pupil on three separate occasions gets more than two years’ jail

SINGAPORE: A male teacher was sentenced to two years and six months’ jail on Nov 21 for molesting his former pupil over three separate occasions – from when she was in Primary 5 in 2016 until she was ...

Posted on 22/11/2024

Singapore’s ‘sewage’ beer at COP29 highlights water scarcity and innovations

The Singapore pavilion at the United Nations climate talks offers attendees free beer with an ingredient that's surprising to many — treated wastewater.

Posted on 22/11/2024

Focus more on climate adaptation, strong finance commitment, urges Malaysian minister at COP29

Too often, adaptation is seen as the poorer cousin to mitigation, the minister said. Read more at straitstimes.com.

Posted on 22/11/2024

Fraud claims in Singapore jump 63%: report

A dispute resolution center in Singapore recorded 829 fraud claims in the 12 months ending June 30, a 63% increase from a year earlier.

Posted on 21/11/2024

What Is Home Loan Amortisation and How It Affects Your Mortgage Repayment in Singapore

Currently, mortgage amortisation is the only mode of repayment in Singapore. That has been the case since interest-only loans were banned in 2009. This section is mostly FYI since mortgage ... ( read original story ...)

Posted on 21/11/2024

Lum Chang proposes listing interior fit-out business on Singapore Catalist

CONSTRUCTION company Lum Chang is mulling over plans to spin off its interior fit-out business in a listing on the Singapore Exchange’s Catalist board. Read more at The Business Times.

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