RENTS of condominiums in Singapore inched up in July after two straight months of decline, while those of HDB flats held largely steady from June, according to monthly flash data from real estate portal SRX Property released on Thursday. The number of units leased also saw a month-on-month increase for both condos and HDBs. For […]
Read MoreAS Singapore further slashed its official growth forecast on Tuesday, the question of economic stimulus moves loomed large. Not time yet, argued some. Targeted measures needed soon, said others. But where there is no disagreement is that it will be a challenging period for the Republic ahead. Gross domestic product (GDP) is now expected to […]
Read MoreSINGAPORE has cut its official growth forecast for the second quarter running, on a flat economic performance in the first half of the year. The gross domestic product (GDP) is likely to come in between zero growth and 1 per cent for the full year, the Ministry of Trade and Industry (MTI) said early on […]
Read MoreSINGAPORE: Singapore slashed its full-year economic growth forecast on Tuesday, as global conditions were seen worsening and final second quarter data showed the economy shrank 3.3% on the quarter. The government cut its forecast range for the city-state’s gross domestic product to zero to 1% from its previous estimate for 1.5%-2.5%. The second quarter’s 3.3% […]
Read MoreSINGAPORE’S central bank will not move outside its usual schedule to change its monetary policy, chief economist Edward Robinson confirmed in a briefing early on Tuesday. Despite the latest downgrade to Singapore’s full-year economic forecast, Mr Robinson – who is also deputy managing director of economic policy at the Monetary Authority of Singapore (MAS) – […]
Read MoreSINGAPORE: Singapore’s central bank is raising its guard against money launderers increasingly using onshore shell companies to mask their transactions, a senior official said. Valerie Tay, who heads the anti-money laundering department at the Monetary Authority of Singapore (MAS) said banks had closed accounts of several onshore shell companies over the past year, after detecting […]
Read More
Thailand
