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Singapore March factory output eases to 3.4% amid steep fall in biomedical manufacturing

SINGAPORE’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 […]

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Singapore: MAS takes more aggressive ‘double-barrelled’ move to tighten monetary policy, raises inflation forecast

SINGAPORE’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 […]

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Singapore home price growth slows; curbs cool property surge

Singapore 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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