SINGAPORE – Singapore stayed the 13th most expensive city globally for expatriates to live in despite rising inflation, while Hong Kong was the world’s most costly for the second year in a row. These were some of the findings of the latest cost of living research published by ECA International. The firm carries out two […]
Read MoreSINGAPORE – Private-sector analysts have shaved their growth forecast for 2022, with the sharper-than-expected rise in inflation and slower economic activity in China among the downside risks for Singapore’s economy. Economic growth is predicted to come in at 3.8 per cent for the full year, according to a quarterly survey of professional forecasters released by […]
Read MoreSINGAPORE (BLOOMBERG) – Economists bumped up their 2022 inflation forecast for Singapore by 1.6 percentage points, amid a potential threat to food supply chains. Headline inflation rate is seen rising 5.5 per cent on average in the current quarter and the next, up from less than 4 per cent seen previously, according to the median […]
Read MoreSINGAPORE’S core consumer prices have continued to climb on increases in the cost of food and other goods, as well as electricity and gas, according to figures out on Monday (May 23). Core inflation – which excludes accommodation and private transport costs – jumped to 3.3 per cent in April, up from 2.9 per cent […]
Read MoreSingapore – The Republic’s central bank estimates that there will be more than 9,400 new jobs on offer in the financial sector this year, with about a third of them in technology. Monetary Authority of Singapore (MAS) chief Ravi Menon on Thursday (May 19) said that of the more than 3,000 jobs in tech, 700 […]
Read MoreSINGAPORE will strive to keep its borders open and stay connected to the rest of world even if a new variant of Covid-19 emerges, Transport Minister S Iswaran said. The island city has learned from its past experiences of dealing with Covid variants, Iswaran said Wednesday in an interview with Bloomberg News. When Omicron hit, […]
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