(REUTERS) – The effects of the coronavirus outbreak are likely to reverberate beyond China as most major economies in the region are expected to either slow down significantly, halt or shrink outright in the current quarter, Reuters polls of economists found. Singapore is forecast to be the worst affected from the fallout, with growth dropping by more […]
Read MoreSINGAPORE banks have guided on the size of provisions that can cover the impact from the Covid-19 outbreak ahead, but analysts say the lenders may have to stomach more if the disruption to supply chains and consumer demand extends beyond the first half of this year. Banks’ guidance on the buffer set aside for souring […]
Read MoreSINGAPORE (Xinhua) – Singapore’s consumer price index for all items (CPI-All Items) came in at 0.8 per cent year on year in January, unchanged from the previous month, according to a joint release issued by two government authorities yesterday. The Ministry of Trade and Industry (MTI) and Monetary Authority of Singapore (MAS) said in the […]
Read MoreSINGAPORE inflation missed industry forecasts in January, hampered by a sharper fall in the cost of retail and other goods, according to consumer price index (CPI) data out on Monday. Core inflation, a central bank metric that excludes private transport and accommodation costs, was 0.3 per cent – slowing from the 0.6 per cent clocked […]
Read MoreWHILE production has resumed for the manufacturing sector in China, analysts are expecting slow recovery for Singapore-listed companies with facilities there. In order to contain the Covid-19 outbreak, Chinese authorities had extended the week-long Chinese New Year holidays with businesses only allowed to resume operations in their Chinese facilities from Feb 10. The authorities also meted […]
Read MoreSINGAPORE (BLOOMBERG) – Singapore is becoming a hub for the property-management industry: It has more foreign Reits than anywhere else in the world, and the companies’ importance on the nation’s benchmark equity index is the highest it’s ever been. Since the city-state saw the first share sale of a real estate investment trust in 2002, it […]
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