SINGAPORE authorities are working with lenders in the city-state to set uniform standards on screening potential customers from the crypto and digital assets sectors, amid various global fallouts in the industry. The central bank and police have been helping banks to fine-tune their vetting approach when opening accounts for service providers across all types of […]
Read MoreSINGAPORE, April 4 (Reuters) – Singapore is likely to tighten monetary policy this month, for the sixth time in a row, amid persistent price pressures in the Asian financial hub due to global supply chain disruptions. Eleven out of the 17 analysts polled by Reuters expect the Monetary Authority of Singapore (MAS) would tighten its […]
Read MoreSINGAPORE’S total retail sales in February jumped 12.7 per cent year on year, more than reversing the brief dip in the previous month, data from the Department of Statistics Singapore (SingStat) showed on Wednesday (Apr 5). This brought total retail sales value in February to S$3.6 billion, of which 12.4 per cent was derived from […]
Read MorePRICES of private homes in Singapore have accelerated in the first quarter of 2023, growing 3.2 per cent over the previous three months, according to the Urban Redevelopment Authority’s (URA) flash estimates on Monday (Apr 3). This follows a marginal 0.4 per cent increase in Q4 last year. Year on year, prices climbed 11.3 per cent, noted […]
Read MoreSummary The near-term outlook is expected to remain constrained by weak demand in several important export markets for manufacturers. Bank charges, raw materials, and transportation costs continued to rise, with the overall rate of input price inflation still among the highest on record. An important long-term challenge for the Singapore economy will be from ageing […]
Read MoreSINGAPORE – More than six in 10 workers in the food service sector here are considering exiting the industry “in the foreseeable future”, driven primarily by a lack of skills development and training, a report by NTUC LearningHub found. Of these, 26 per cent are considering leaving their jobs in the next six months while […]
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