SINGAPORE employment levels continued to expand in the first 3 months of 2022, on the back of a rebound in foreign workers – mainly in the construction sector. Total employment grew by 41,100 on the quarter before, excluding migrant domestic workers, the Ministry of Manpower (MOM) said in a preliminary report on Thursday (Apr 28). […]
Read MoreSINGAPORE’S factory output eased to 3.4 per cent year on year in March, as the steep fall in biomedical manufacturing could not offset the aerospace segment’s production surge, according to data from the Singapore Economic Development Board (EDB) on Tuesday (Apr 26). Excluding the typically volatile biomedical manufacturing sector, industrial output for the same period […]
Read MoreSINGAPORE – Consumer prices in Singapore saw a spike last month on the back of higher food, services and private transport costs, with inflation hitting a 10-year high, according to data released on Monday (April 25). Core inflation – which excludes accommodation and private transport costs – jumped to 2.9 per cent in March on […]
Read MoreSINGAPORE’S headline inflation jumped to 5.4 per cent in March – a high not seen since April 2012 – as the cost of food, services, private transport and accommodation all rose. The all-items consumer price index (CPI) reading picked up strongly from 4.3 per cent in February, and came in well ahead of the median forecast […]
Read MoreSINGAPORE’S central bank is taking a more aggressive approach to further tighten its monetary policy settings in 2 ways, while also raising its inflation forecast, citing fresh shocks to global commodity prices and supply chains that are adding to domestic cost pressures. The Monetary Authority of Singapore (MAS) said on Thursday (Apr 14) that it […]
Read MoreSingapore home price growth slowed last quarter as curbs on residential property at least temporarily reined in the nation’s surging real estate market. Prices climbed 0.7% in the first quarter from the previous three months, when they jumped 5%, Urban Redevelopment Authority data showed Friday. That’s higher than the preliminary estimate of 0.4%. The subdued […]
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