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Singapore PMI slips to 50.1 in July as global demand softens

SINGAPORE manufacturing sentiment started the second half of the year on a gloomy note, as the sector continues to be weighed down by global supply chain disruptions and high inflation, according to the latest figures from the Singapore Institute of Purchasing and Materials Management (SIPMM) on Tuesday (Aug 2). Singapore’s Purchasing Managers’ Index (PMI) fell […]

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Inflation in Singapore hits households hard

SINGAPORE: The global inflation wave that has crashed onto Singapore’s shores is hitting households harder as they pile up more expenses while incomes aren’t keeping up. That’s the conclusion of DBS Bank analysts, who dissected data from 1.2 million retail customers, anonymous and aggregated, to understand the impact and implications of soaring price growth in […]

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Cambodia pins hope on more Singapore investment

Cambodia urged more investment from Singapore businesspeople, pointing out the advantages of its newly introduced investment law. More sectors are eligible for incentives under the new investment law, Sok Chenda Sophea, Minister attached to the Prime Minister and Secretary-General of the Council for the Development of Cambodia (CDC) said while delivering his keynote address at […]

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