SINGAPORE: The republic is unlikely to experience a surge in energy prices despite greater demand for heating and electricity amid an unusually cold winter in the Northern Hemisphere, industry analysts say. This comes as a rare triple-dip La Nina is forecast to induce below-freezing temperatures in China, Japan and South Korea over the next few […]
Read MoreSINGAPORE’S non-oil domestic exports (NODX) contracted by 14.6 per cent on the year in November from a high year-ago base, going by Enterprise Singapore (EnterpriseSG) data on Friday (Dec 16). The month’s decline far outstripped the median 6.5 per cent decline forecast by private-sector economists in a Bloomberg poll. Both electronic and non-electronic exports fell. […]
Read MoreSINGAPORE POST (SingPost) announced it would be raising postage, package and doorstep parcel delivery rates starting Jan 1, 2023. This is in line with the goods and services tax (GST) hikes announced by the government in February this year, as well as “exceptional inflationary cost increases across manpower, fuel and electricity”, said the group in […]
Read MoreTHE number of condominium resale units changing hands continued to fall in November, after registering a sharp decrease the month before, according to flash figures from SRX and 99.co on Tuesday (Dec 13). This came as high interest rates and cooling measures weighed on buyer demand, particularly price-sensitive Housing & Development Board (HDB) upgraders, property […]
Read MoreSINGAPORE’S international visitor arrivals slipped in November to 816,254, slightly down from October’s 816,758 and breaking a nine-month growth streak, going by latest figures from Singapore Tourism Board (STB) on Tuesday (Dec 13). November’s tourist arrival numbers remain below the 1.5 million visitors recorded in November 2019, before the pandemic. Indonesia was, for the eighth […]
Read MoreAS COVID-19 restrictions eased in 2022, Singapore’s labour market moved towards pre-pandemic normalcy. Manpower demand rose in consumer-facing industries, while the return of foreign labour relieved shortages. Total employment surpassed pre-Covid levels in the third quarter, and unemployment rates have also recovered. In contrast, slowing economic growth in 2023 is expected to reduce labour demand […]
Read More
Thailand
