SINGAPORE (REUTERS) – Singapore’s economy is expected to shrink only slightly in the first quarter of this year as activity continues to recover from a pandemic-induced shock, a Reuters poll showed, with the central bank expected to stay pat at its policy review next week. Gross domestic product (GDP) is expected to contract 0.2 per […]
Read MoreSingapore has ratified the ASEAN Trade in Services Agreement (ATISA) and become the first ASEAN member to do so. ATISA was signed on Oct 7 last year to boost economic cooperation between ASEAN members and streamline their service sectors. One of the key components to ratification is the need for members to change their Schedules […]
Read MoreThe Ministry of Tourism and Sports aims to discuss with Singapore a travel bubble between the two countries. Tourism and Sports Minister Phiphat Ratchakitprakarn said that the discussions would take place within this week with the Embassy of Singapore. “We have acknowledged that Singapore has previously run the travel bubble with Australia and New Zealand. […]
Read MoreSINGAPORE – Singapore’s retail sales snapped a 24-month-long year-on-year slide in February, thanks to Chinese New Year spending and the low base effect of pandemic-hit 2020. Retail sales grew by 5.2 per cent on a year-on-year basis, a reversal of the 6.1 per cent decline recorded in January. Excluding motor vehicles, retail sales increased 7.7 […]
Read MoreMore than a year has passed since the onset of the Covid-19 pandemic. While we are now more optimistic that better days are ahead, the fight is not yet over. Much more needs to go right for us to be sure that we are entering the final stage of the battle to beat Covid-19. Traditionally, […]
Read MoreSINGAPORE – Private home prices in Singapore rose for a fourth straight quarter, jumping 2.9 per cent in the first three months of this year, raising bets on a fresh round of cooling measures. This is the steepest quarterly increase since the second quarter of 2018, when private residential prices rose by 3.4 per cent […]
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