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Singapore exports forecast to shrink or stay flat in 2023 as growth slows to 3% last year
Nodx growth slowed to 3% last year from 12.1% in 2021, with Q4 shipments dropping by a sharp 14%. Read more at straitstimes.com.
Singapore’s DBS says exposure to Adani group is ‘tightly managed’
SINGAPORE: DBS Group has a tightly managed exposure to India's Adani group of companies, the chief executive of Southeast Asia's largest bank said on Monday (Feb 13). DBS was among a group of banks ...
Live news: Singapore GDP grows less than expected as global slowdown bites
Singapore has been raising interest rates as it battles inflation ... Barclays, which reports on Wednesday, is a bit of a different story. Its UK business should benefit from rate rises, but it is ...
Singapore Eyes Chips Investments Amid US-China Tension
Singapore will be looking to win its “fair share” of investments in semiconductor assembly and integrated circuit design, a top official said, amid a growing geopolitical divide between the US and ...
Singapore’s StarHub Intros 10G-XGS-PON
StarHub today announced the UltraSpeed Broadband, trialling broadband speeds of up to 10 times the speed and bandwidth of ...
Winning Secrets: The one simple rule that never changes at MCC Singapore
As we continue to deepen our sustainability strategies and with the leverage of digitalisation and technology, it enables us to expand our business and bring our people beyond Singapore and around the ...
Singapore downgrades fourth-quarter GDP, but keeps 2023 forecast
Singapore's economy grew slightly less than initially estimated ... For the full year, GDP grew 3.6% versus an initial 3.8% estimate. Stock picks and investing trends from CNBC Pro: 10 stocks that fit ...
Singapore bank DBS profit soars 68% in the fourth quarter, flags robust outlook
DBS, the first Singapore bank to report this season, said October-December net profit rose to a record $2.34 billion Singapore dollars ($1.76 billion) compared with an average estimate of S$2.16 ...
Singapore maintains 2023 GDP growth forecast, spurred by China reopening
Singapore (AFP) – Singapore said Monday it will stick to ... a regional economist with CIMB Private Banking. Despite the reopening of China -- the world's second-biggest economy -- and other positive ...
Singapore’s budget expected to focus on inflation and support for laid off workers
Rising inflation and layoffs are among the concerns of Singaporeans and are expected to be addressed in the Singapore Budget 2023 on Feb. 14.
Singapore’s imports and exports grew last year, 2023 trade growth expected to moderate
Top NODX to Singapore’s top markets grew in 2022, except for China, Hong Kong and Thailand. The biggest contributors to the NODX increase were the US, European Union countries and Malaysia. Oil ...
Singapore keeps forecast for 2023 trade and export growth at ‘-2 to 0%’
Trade with most major partners will slow except China and Japan Singapore’s trade and non-oil domestic export (Nodx) for 2023 is seen to slow, following a strong recovery from the pandemic recorded in ...
Singapore downgrades Q4 GDP, keeps 2023 forecast
Singapore's economy grew slightly less than initially estimated in the fourth quarter from a year ago, official data showed on Monday, and the government kept its forecast for annual growth to come in ...
Singapore’s DBS profit jumps two-thirds, CEO sees rate rises moderating
DBS Group reported a higher-than-expected 68% rise in quarterly profit as rising interest rates boosted its net interest margins and Southeast Asia's largest bank by assets retained its full-year ...
Singapore’s DBS profit jumps more than two-thirds, outlook robust
DBS Group reported a higher-than-expected 68% rise in quarterly profit as rising interest rates boosted its net interest margins and Southeast Asia's largest bank by assets retained its full-year ...