SINGAPORE’S non-oil domestic exports (NODX) fell 8.9 per cent year on year in August, breaking a five-month streak of double-digit declines, according to Enterprise Singapore figures on Tuesday. The August decline eased from July’s 11.4 per cent fall, in the second consecutive pick-up since June’s six-year low. On a month-on-month seasonally adjusted basis, NODX rose […]
Read MorePETALING JAYA: Malaysians continue to be the second-largest group of buyers of Singapore’s non-landed residential properties by nationality year-to-date, after the Chinese. Quoting Singapore’s Urban Redevelopment Authority (URA), Singapore-based property consultancies Cushman & Wakefield and Savills said Malaysians were the second-largest group after the Chinese for the first half of 2019. Cushman’s research head Christine […]
Read MoreSINGAPORE: Singapore saw its lead over Hong Kong shrink to just a whisker in the battle to be Asia’s biggest foreign-exchange currency hub. To keep its advantage, the island state wants to attract more companies to set up electronic trading platforms. Average daily trading in Singapore jumped 22% to a record $633 billion in April […]
Read MoreSingapore’s limited exposure in terms of trade and investment in Britain could see the Republic emerge relatively unscathed from Brexit, which remains mired in uncertainty after a chaotic parliamentary session in Britain last week, analysts said. Singapore’s trade with Britain accounted for only one per cent of its total exports and 2.1 per cent of […]
Read MoreSINGAPORE: Singapore’s exports in August shrank for the sixth straight month, but the drop was less than analyst forecasts, official data showed on Tuesday. Non-oil domestic exports (NODX) last month fell 8.9% year-on-year as electronics shipments fell 25.9%, data from the trade agency Enterprise Singapore showed, compared with a revised 11.4% decrease in July. A […]
Read MoreLOCAL business confidence hit a near two-year low for the final quarter of 2019, according to Singapore Commercial Credit Bureau (SCCB)’s latest Business Optimism Index study, with manufacturing and wholesale trade braced for a downturn. Business sentiment dipped from +6.91 percentage points in Q3 to +4.82 percentage points in Q4. Year-on-year, it nearly halved from […]
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