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Singapore bank lending weakens in December: MAS

SINGAPORE – Bank lending in Singapore was down 0.3 per cent in December from the previous month, preliminary data from the Monetary Authority of Singapore (MAS) on Wednesday (Jan 31) showed. This reversed from the 0.6 per cent month-on-month gain in November. Loans through the domestic banking unit – which captures lending in all currencies, […]

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Singapore: Services, manufacturing firms still positive about business prospects for first-half 2018

SINGAPORE – More companies in the services and manufacturing sectors still expect business prospects for the next six months to improve, but sentiment for both have dipped since the previous quarter. Results of two surveys on firms’ business expectations for January to June 2018 were released separately on Wednesday (Jan 31). The Economic Development Board […]

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