SINGAPORE – More small businesses in Singapore expect to increase employee numbers in 2017 (29 per cent) than reported adding headcount in 2016 (20 per cent), according to new survey results released on Thursday (Jan 19). The finding comes even as the survey showed that these same businesses have low expectations for growth in 2017 […]
Read MoreExporters ended 2016 on a surprisingly upbeat note as shipments from Singapore registered another month of robust growth, surprising economists who had expected a more modest uptick. December’s unexpectedly strong non-oil domestic exports (Nodx) figures may be a sign that the region is finally recovering from its long trade slump. But economists cautioned against popping […]
Read MoreSINGAPORE: The global economy will face “disastrous consequences” if US protectionist measures proposed by incoming President Donald Trump prompt trade wars, the head of Singapore’s central bank said. Some of the possible actions – such as rejecting a US-Pacific trade deal, extra taxes on US importers and labeling major trade partners as currency manipulators – […]
Read MoreSINGAPORE – Inflation expectations in Singapore have edged up from their lowest level since September 2011, said the Singapore Management University (SMU) on Monday (jan 16). Weakness in global growth, exacerbated by the political and policy uncertainty particularly surrounding global trade in the US and Eurozone, might have prompted Singaporean households surveyed in December to […]
Read MoreKUALA LUMPUR/SINGAPORE: Singapore is set to be 2017’s hottest spot for initial public offerings (IPOs) in tropical Southeast Asia with sales of stakes in business and real estate trusts, while currency volatility and weak investor sentiment curb deals elsewhere in the region. Singapore’s stock exchange has promoted itself as a centre for business trusts and […]
Read MoreSINGAPORE: A rebound in Singapore’s economy at the end of 2016 has reinforced expectations for the central bank to stand pat in April on hopes that its recent easings will support growth. Eleven out of 14 economists in a Reuters survey said they expect the Monetary Authority of Singapore (MAS) to keep policy unchanged at […]
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Thailand
