SINGAPORE’S international visitor arrivals surpassed one million in March, for the first time since the pandemic began in 2020, the latest figures from the Singapore Tourism Board showed on Thursday (Apr 20). Tourism arrivals rose to 1,021,036 in March, up from 957,839 visitors recorded in the previous month. While March’s arrival numbers set a new […]
Read MoreSINGAPORE’S key exports are expected to record further weakness in the months ahead, after declining for the sixth consecutive month in March, on the back of challenging global economic conditions, economists said. “Global demand will likely stay weak amid tight monetary policy in advanced economies and vulnerabilities in the financial system following the banking turmoil […]
Read MoreECONOMIC growth is “non-negotiable” and Singapore’s government will always be pro-growth and pro-inclusivity, even as the country embarks on key shifts as part of its new social compact, Deputy Prime Minister Lawrence Wong said on Monday (Apr 17). These changes include a new approach to skills and a new definition of success – which all […]
Read MoreSINGAPORE’S non-oil domestic exports (NODX) contracted for the sixth consecutive month in March, down 8.3 per cent year on year, data from Enterprise Singapore showed on Monday (Apr 17). The month’s NODX eased from February’s 15.8 per cent decline yoy, and far undershot the median 19.4 per cent fall forecast by economists in a Bloomberg poll. Both […]
Read MoreSINGAPORE, April 12 (Reuters) – Singapore’s economy is likely to have expanded at a slower pace in the first quarter, posing a challenge for the central bank as it seeks to balance containing persistent inflation with efforts to shore up weakening growth. Preliminary data due on Friday is seen showing gross domestic product (GDP) expanded […]
Read MoreSINGAPORE – When ultra-wealthy Chinese entrepreneurs started moving to Singapore en masse in 2019, investment firms were salivating at the chance to manage billions in new money. So far, it has not quite happened. Hedge funds, banks and private equity (PE) firms say few of their recent meetings with Chinese tycoons in the city-state have […]
Read More
Thailand
