SINGAPORE’S economy expanded 3.8 per cent year on year in 2022, with growth in the services sector helping to offset sluggish performance in the manufacturing sector, according to advance estimates from the Ministry of Trade and Industry (MTI) on Tuesday (Jan 3). This makes last year’s gross domestic product (GDP) slightly better than the official […]
Read MoreTHE race to be South-east Asia’s best-performing currency in 2023 looks like being between the Thai baht and Singapore dollar. The baht is set to be powered by an influx in Chinese tourists after the mainland rescinded most of its Covid controls over the past month, paving the way for a recovery in outbound travel. […]
Read MoreSINGAPORE’S economy expanded 3.8 per cent year on year in 2022, with growth in the services sector helping to offset sluggish performance in the manufacturing sector, according to advance estimates from the Ministry of Trade and Industry (MTI) on Tuesday (Jan 3). This makes last year’s gross domestic product (GDP) slightly better than the official […]
Read MorePRIVATE residential property prices inched up 0.2 per cent in the fourth quarter of 2022 after growing 3.8 per cent in the third quarter, the Urban Redevelopment Authority (URA) flash estimates show. For the whole of 2022, prices increased by 8.4 per cent, compared to the 10.6 per cent increase in 2021. URA said the […]
Read MoreSINGAPORE – Core consumer prices in Singapore rose in November at a pace that was unchanged from the previous month. Core inflation, which excludes costs of private transport and accommodation and reflects the expenses of Singapore households more accurately, came in at 5.1 per cent year on year. This was in line with the 5 […]
Read MoreSINGAPORE – Singapore’s manufacturing output shrank at a faster rate in November, down 3.2 per cent from a year earlier, according to data released by the Economic Development Board on Friday. The figure was worse than the 1.1 per cent drop economists had forecast in a Bloomberg poll. The fall in November extended the decline in […]
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