Cambodian goods exports to Singapore reached $343.413 million in the first five months of 2023, up 508.3 per cent year-on-year from $56.451 million and up 1,313 per cent half-on-half from $24.31 million, tipping the trade balance for the January-May period in the Kingdom’s favour, provisional Customs (GDCE) data compiled in “International Merchandise Trade Statistics” bulletins […]
Read MoreECONOMISTS warned of a heightened risk of a technical recession in the first half of 2023, as factory output contracted by 10.8 per cent on year in May, worse than Bloomberg’s median forecast of a 7.3 per cent drop. Electronics continued to disappoint. Marking eight straight months of decline, the fall in Singapore’s manufacturing output […]
Read MoreCONDOMINIUM rental prices and volumes continued to rise in May, albeit at a slower pace, indicated on flash estimates from SRX and 99.co released on Tuesday (Jun 27). Overall resale prices rose 0.9 per cent from April and were up 9.2 per cent year on year. However, not all regions registered price increases. The Core […]
Read MoreSINGAPORE’S economic growth could slow “significantly” to 0.4 per cent this year, even as it escapes a technical recession, the Institute of Chartered Accountants in England and Wales (ICAEW) said on Monday (Jun 26). ICAEW’s estimate, based on research by Oxford Economics that it commissioned, is lower than Singapore’s official gross domestic product (GDP) forecast […]
Read MoreSINGAPORE’S manufacturing output slid 10.8 per cent on year in May, worse than April’s surprise 6.5 per cent fall and the median 7.3 per cent contraction forecast by private-sector economists in a Bloomberg poll. The month’s figures marked the eighth straight month of decline, data from the Singapore Economic Development Board indicated on Monday (Jun […]
Read MoreSINGAPORE’S non-oil domestic exports (NODX) were down a surprising 14.7 per cent in May, a steeper slide than April’s 9.8 per cent contraction, data from Enterprise Singapore (EnterpriseSG) showed on Friday (Jun 16). Shrinking for the eighth consecutive month, the month’s fall in key exports far surpassed the median 7.7 per cent drop forecast by economists […]
Read More
Thailand
