SMALL and medium-sized enterprises (SMEs) are largely confident of tackling the impending goods and services tax (GST) hike, rising global interest rates, and inflationary pressures – but their top concern for the year ahead is the cost and availability of labour, according to a DBS survey released on Mar 10. That concern was cited by […]
Read MoreSINGAPORE, March 9 (Reuters) – Singapore’s economy is expected to grow 3% in 2023, as the city-state gradually reopens its borders to international travel, a survey of economists conducted by the city-state’s central bank showed on Wednesday. The most cited downside risk to Singapore’s growth outlook was a sharper-than-expected pickup in inflation and an associated […]
Read MoreSINGAPORE is tightening the screws on how many expatriates it will let in — and of which nationalities. But is that bad news for the financial centre’s condominium landlords? Not necessarily. That’s because, unlike in the past, it isn’t your average expat that’s driving the rents higher in the financial centre. Excess local demand in […]
Read MorePRIVATE-SECTOR analysts stood pat on Singapore’s growth outlook for 2022 but hiked their inflation forecasts, according to the latest quarterly survey published by the Monetary Authority of Singapore (MAS) on Wednesday (Mar 9). The spectre of higher inflation, driven mainly by energy and food prices, was almost unanimously cited as a risk to the economy […]
Read MoreThe industrial park will prioritize both high-tech tenants and labor-intensive industries such as apparel and footwear. Vietnam’s southern province of Binh Duong, around 48 kilometers north of Ho Chi Minh City, will kick off the work on Vietnam-Singapore III Industrial Park (VSIP III) in mid-March, according to a local official. Vo Van Minh, chairman of […]
Read MoreSINGAPORE’S unemployment rates declined to pre-pandemic levels in January, according to the latest statistics released by the Ministry of Manpower on Tuesday (Mar 8). The overall unemployment rate declined to 2.3 per cent, from 2.4 per cent the month before. Resident unemployment fell to 3.1 per cent from 3.2 per cent previously, while citizen unemployment […]
Read More
Thailand
