SINGAPORE – In the face of trade tensions between the United States and China, members of the American Chamber of Commerce in Singapore are delaying or cancelling investment plans, looking to other markets, and adjusting supply chains. In a survey of member firms conducted in November, 68 per cent of the 179 respondents said they were […]
Read MoreTHE government has decided to moderate the total supply of private residential units for the first-half 2019 Government Land Sales (GLS) Programme, citing the significant growth in pipeline supply while demand has started to moderate following the introduction of the July property cooling measures. The Ministry of National Development (MND) said on Thursday morning that the H1 2019 GLS Programme […]
Read MoreBOOSTED by a stronger Singapore dollar, the Republic is now Asia’s second most expensive city for luxury living, up from third place previously, according to private bank Julius Baer’s latest wealth report. The 2018 wealth report tracks the luxury expenditure trends of Asia’s high net worth individuals, defined as those with net investable wealth of […]
Read MoreSINGAPORE – Manufacturing growth slowed for a third consecutive month in November to record its lowest reading since July last year. The key electronics sector marked its first contraction as well after 27 consecutive months of growth, said the Singapore Institute of Purchasing and Materials Management (SIPMM) on Monday (Dec 3). The overall Purchasing Managers’ […]
Read MoreSINGAPORE – Bank lending in Singapore rose in October from a month ago, reversing from a slight contraction in September, preliminary data from the Monetary Authority of Singapore showed on Friday (Nov 30). Loans through the domestic banking unit – which captures lending in all currencies, but reflects mainly Singapore-dollar lending – stood at $672 […]
Read MoreA GREATER share of younger and older Singapore residents were employed this year, and the average full-time worker enjoyed faster income growth, with the labour market improving as economic growth picked up. The unemployment rates for resident workers, both professionals, managers, executives and technicians (PMETs), as well as for non-PMETs, also dipped slightly as of June this year, compared […]
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