SINGAPORE’S retail sales rose 8.7 per cent year on year in March, reversing the previous month’s decrease of 3.5 per cent. The increase in March was attributed partly to larger growth in industries such as computer and telecommunications equipment, wearing apparel and footwear, as well as cosmetics, toiletries and medical goods, said the Department of Statistics (SingStat) […]
Read MoreRESALE prices of Housing and Development Board (HDB) flats continued to rise for the 22nd straight month in April, while volumes inched up from the month before, according to flash estimates from property portal SRX and 99.co released on Thursday (May 5). HDB resale prices saw gains across all room types and locations. Overall prices […]
Read MoreSINGAPORE (REUTERS, BLOOMBERG) – Singapore-listed Thai Beverage said on Thursday (May 5) that it would look to sell a 20 per cent stake in its regional beer business on the main board of the Singapore Exchange, more than a year after it postponed the plan for a second time due to pandemic-led uncertainty. The spin-off of BeerCo […]
Read MoreSINGAPORE, May 2 — Lower-income workers will bear the brunt of the economic uncertainties, and a possible recession, that the next two years may bring, and will need the most help to weather the storm, said union leaders and economists. At the May Day Rally on Sunday (May 1), Prime Minister Lee Hsien Loong said that the […]
Read MoreSINGAPORE’S core inflation could hit a peak of around 4 per cent in the third quarter before moderating in late 2022, amid rising price pressures that have been intensified by the Russia-Ukraine war, the Monetary Authority of Singapore (MAS) said in its half-yearly macroeconomic review on Thursday (Apr 28). This is assuming that there is […]
Read MoreSINGAPORE manufacturing sentiment has slumped as rising costs fuel caution, despite the global improvement in the Covid-19 pandemic situation, official polls showed on Friday (Apr 29). Among manufacturers, a net weighted balance of 2 per cent expect business conditions to be better in the next 6 months than in the 3 months prior. This is […]
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Thailand
