Singapore: Retail sales up 0.9% on-year in June, boosted by vehicle sales Monday, 15 August 2016 – Retail sales in Singapore rose 0.9 per cent in June compared with the previous year, mainly due to a jump in sales of motor vehicles, the Department of Statistics (SingStat) said on Monday (Aug 15). However, excluding motor […]
Read MoreSingapore: Private home sales rebound strongly in July Monday, 15 August 2016 – Sales of new private homes rebounded last month as more projects were launched in July. Excluding executive condominiums (ECs), property developers sold 1,091 units in July, around double the 536 units sold in June, data from the Urban Redevelopment Authority (URA) showed […]
Read MoreSingapore: Shaking the money tree: What lies ahead for Singapore’s banking sector Sunday, 14 August 2016 – Mention Singapore as a financial centre and the image that comes to mind is the Marina Bay skyline. DBS is at Marina Bay Financial Centre. Across the road at Raffles Place are the impressive buildings of United Overseas […]
Read MoreSingapore: Asean now biggest market for Singapore Friday, 12 August 2016 – South-east Asia has overtaken the United States to become the largest market for Singapore’s goods and services, according to Ministry of Trade and Industry (MTI) data yesterday. It noted that the combined demand from the top five economies in Asean outside Singapore – […]
Read MoreSingapore: Oil extends gains as output cut looms Friday, August 12, 2016 – Crude prices rose in Asia on Friday, extending overnight gains after Saudi Arabia’s oil minister hinted producers could agree to limit production. Rumors have been circulating that global producers are mulling a deal to freeze output, to help stabilize the market. Prices […]
Read MoreSingapore: Singapore trims 2016 growth forecast : What economists say Thursday, 11 August 2016 – Singapore cut the top end of its 2016 growth forecast on Thursday (Aug 11) after the economy expanded less than previously estimated in the second quarter, underscoring a weakening global outlook. The economy is now expected to grow by 1 […]
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