WITH the United States Federal Reserve signalling a pause in interest rate hikes and both domestic growth and core inflation easing, economists expect the Monetary Authority of Singapore (MAS) to also pause at this month’s half-yearly policy review, with no further tightening as yet. February’s core inflation reading was 1.5 per cent year on year, down from […]
Read MoreCOMPANIES unsure of how to embark on their Industry 4.0 transformations now have a clearer guide in the form of a Prioritisation Matrix planning tool developed by the Economic Development Board and its knowledge partners. Launched by Senior Minister of State for Trade and Industry Koh Poh Koon at the Hannover Messe tech show on […]
Read MoreTHE Urban Redevelopment Authority’s (URA) flash estimate for the first quarter of 2019 shows that its overall price index for private homes fell 0.6 per cent over the preceding quarter. This is a bigger decline than the 0.1 per cent quarter-on-quarter dip in the fourth quarter of 2018. Year on year, the index is up […]
Read MoreSINGAPORE (BLOOMBERG) – Grab, South-east Asia’s biggest ride-hailing company, plans to double its staff in Singapore to 3,000 by the time it moves into new headquarters next year. Grab signed an 11-year lease for new offices in a development by Ascendas Real Estate Investment Trust. The Singapore-based startup has a five-year renewal option and will […]
Read MoreBANK lending in Singapore increased by 0.2 per cent from a month ago, reversing from a slight contraction in January, preliminary data from the Monetary Authority of Singapore showed on Friday. Loans through domestic banking units – which captures lending in all currencies, but reflects mainly Singapore-dollar lending – stood at S$672 billion in February, compared with […]
Read MoreHear wedding bells ringing? Getting married is one of the most joyous milestones of one’s life. But for most people in Singapore, it usually comes with having to fork out tens of thousands of dollars for a wedding banquet. And according to a new study, the prices just keep going up. According to the report […]
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