Tag: news

Some of the biggest global banks are going short the Singapore dollar, saying the improving regional outlook is damping demand for its haven qualities. Goldman Sachs Group Inc. recommends betting the island’s currency will weaken against the Malaysian ringgit after the Monetary Authority of Singapore signaled it has finished its tightening cycle.

Tourism activity in Singapore is expected to recover to pre-pandemic levels by 2024, barring unexpected circumstances.

While monthly progress is happening at Singapore Airlines, the pace of change seems far too slow now that travel restrictions are largely gone.

Only 170 units were sold in December 2022. Singapore developers posted sluggish new private home sales in December, transacting just 170 units (ex. Executive Condos). According to PropNex, this is the lowest monthly home sales tally since January 2009 where 108 units were sold.

It is more important to look at the percentage of bankruptcies compared with the number of new businesses formed, says economist Song Seng Wun. Read more at straitstimes.com.

Singapore's tourism receipts, meanwhile, are estimated to reach S$13.8 billion to S$14.3 billion for 2022 - about 50 to 52 per cent of 2019 levels, according to figures released by STB on Tuesday (Jan 17).

Singaporeans likely went on a ‘holidays before home purchase’ mode. Based on flash estimates by the Urban Redevelopment Authority (URA), prices of non-landed private homes (excluding Executive Condominiums (ECs)) increased by a moderate 0.

Nine men have been arrested in relation to a fight in the Bukit Merah district where weapons were allegedly used, with one 43-year-old man due to be ...

Consumers here must be willing to pay more for certain goods and services in order to raise the wages of those who provide them, Deputy Prime ...

Firstly, we'd want to identify a growing return on capital employed (ROCE) and then alongside that, an ever-increasing base of capital employed. Put simply, these types of businesses are compounding ...

But one mall in Singapore has come up with a way to minimise wastage. With the upcoming Lunar New Year celebrations, Chinatown Singapore has set up otter mascots dressed in Chinese New Year ensembles.

SINGAPORE - While fintech, e-commerce and IT firms continued to be among the fastest growing in Singapore, several companies in the energy and utilities sector have topped the charts in terms of ...

With inflation a growing concern among many employees, nearly half of Singapore's workforce will be asking for a salary hike or look for a higher-paying job this year, according to Indeed. A survey ...

Link is on track to be completed by end-2026, as the foreign ministers of Singapore and Malaysia took note of the good progress in the project.

SINGAPORE - Singapore stocks started the week in the red, with the Straits Times Index (STI) closing 0.3 per cent or 10.15 points lower at 3,283.60 points on Monday. The STI bucked the trend among its ...

Singapore home sales tumbled for a third straight month to the lowest in almost 14 years as a supply crunch kept buyers at bay.