PRIVATE-SECTOR watchers have raised estimates for full-year growth, even though the economy is still expected to stay underwater in the first quarter. Singapore’s gross domestic product (GDP) may grow by 5.8 per cent in 2021, before cooling to 3.8 per cent in 2022, according to the results of the latest quarterly survey from the Monetary […]
Read MoreSINGAPORE: Singapore could be the biggest comeback story for Asian equities this year. After becoming the region’s worst performer in 2020 following a 12% slump, the Straits Times Index has surged 9.1% to trounce all other major Asian benchmarks so far this year. That’s come in the wake of a tech rout that saw the […]
Read MoreSINGAPORE – A bilateral investment treaty between Singapore and Indonesia has come into force after being ratified in a virtual meeting on Tuesday (March 9). The treaty establishes rules on the treatment of investors and investments from both countries. It will also grant investors from both countries additional protection on their investments. It was signed […]
Read MoreSINGAPORE – Electricity prices are likely to increase as Singapore’s electricity overcapacity situation normalises and fuel prices rise, said Second Minister for Trade and Industry Tan See Leng on Thursday (March 4). However, he noted that price surges and volatilities will be managed. “Even when prices do go up, we will do our best to […]
Read More[SINGAPORE] The Singapore dollar’s strength looks set to fade after it lost momentum following its advance to the strongest in almost two years. The US dollar appears poised to rally against the Singapore dollar towards its 200-day moving average, after the pair formed a potential bullish double bottom pattern in February. The currency pair started […]
Read MoreSINGAPORE will cease new registrations of diesel cars and taxis from 2025, with all new car and taxi registrations to be of cleaner-energy models from 2030, said Minister for Transport Ong Ye Kung on Thursday. He also announced further revisions to the road tax structure to bring down road taxes for mass-market electric vehicles (EVs). […]
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Thailand
