SINGAPORE’S total domestic wholesale trade jumped 18.5 per cent year on year in the second quarter of 2017, based on data released by the Department of Statistics on Friday. With petroleum stripped out, domestic wholesale trade rose 4.8 per cent compared to a year ago. After adjusting for price changes, overall domestic wholesale trade registered […]
Read MoreCONSUMER confidence in Singapore has picked up in the first half of 2017, following a steady decline over the last two years. According to the Mastercard Index of Consumer Confidence H1 2017 released on Friday, Singapore saw the largest improvement in consumer confidence since six months ago – jumping 15.4 points to 45.4 points, from […]
Read MoreBUSINESS sentiment among Singapore SMEs (small and medium enterprises) has risen, at least according to this year’s Singapore Chinese Chamber of Commerce and Industry’s (SCCCI) annual business survey. This finding comes in spite of tough conditions for SMEs here such as global political risks, higher business costs and a tighter labour market. At the SCCCI’s […]
Read MoreNON-OIL domestic exports (NODX) growth rose 8.5 per cent year on year in July, extending the 8.8 per cent growth in June, according to trade promotion agency International Enterprise Singapore. But month on month, NODX fell by a seasonally adjusted 2.5 per cent, after a 2.2 per cent dip in the previous month. Except the […]
Read MoreNON-OIL domestic exports (NODX) continued to grow year on year in the second quarter but the pace slowed sharply from 15.3 per cent in the first quarter to 2.7 per cent. Total trade growth similarly eased from 16.4 per cent to 9.5 per cent according to the latest trade data released by trade promotion agency […]
Read MoreSINGAPORE’S services sector showed signs of improvement in the second quarter, while manufacturing continues to be the star performer, although growth came at a slower pace, according to the latest data released by the Ministry of Trade and Industry on Friday morning. The services sector expanded by 2.4 per cent in the second quarter compared […]
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