SINGAPORE’S retail sales rose 6.2 per cent on the year in November, continuing from the previous month’s 10.3 per cent growth, Department of Statistics (Singstat) data showed on Thursday (Jan 5). On a month-on-month seasonally adjusted basis, retail sales were down 3.7 per cent, reversing from the 0.1 per cent growth charted in October. November’s […]
Read MoreSINGAPORE – Concerns about an economic slowdown have slightly tempered hiring optimism among employers in Singapore, though they are still prepared to pay more to attract and retain enough staff to gear up growth efforts. Most workers can expect salary increments of 3 per cent to less than 5 per cent, and about nine in 10 employers […]
Read MoreSINGAPORE’S economy expanded 3.8 per cent year on year in 2022, with growth in the services sector helping to offset sluggish performance in the manufacturing sector, according to advance estimates from the Ministry of Trade and Industry (MTI) on Tuesday (Jan 3). This makes last year’s gross domestic product (GDP) slightly better than the official […]
Read MoreTHE race to be South-east Asia’s best-performing currency in 2023 looks like being between the Thai baht and Singapore dollar. The baht is set to be powered by an influx in Chinese tourists after the mainland rescinded most of its Covid controls over the past month, paving the way for a recovery in outbound travel. […]
Read MoreSINGAPORE’S economy expanded 3.8 per cent year on year in 2022, with growth in the services sector helping to offset sluggish performance in the manufacturing sector, according to advance estimates from the Ministry of Trade and Industry (MTI) on Tuesday (Jan 3). This makes last year’s gross domestic product (GDP) slightly better than the official […]
Read MorePRIVATE residential property prices inched up 0.2 per cent in the fourth quarter of 2022 after growing 3.8 per cent in the third quarter, the Urban Redevelopment Authority (URA) flash estimates show. For the whole of 2022, prices increased by 8.4 per cent, compared to the 10.6 per cent increase in 2021. URA said the […]
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