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Housing demand could still fuel 2019 growth in Singapore

THE local housing market could still support Singapore’s growth in 2019, despite the curbs unveiled this year, bank analysts said this week. Standard Chartered’s (StanChart) global chief economist David Mann, who is based here, acknowledged that “there are lots of cross-currents” in the air, from dampeners like an electronics cycle slowdown to upsides like a […]

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Singapore retail sales lower than forecast

SINGAPORE: Retail sales were lower than expected in October, according to figures released by Singapore’s Department of Statistics. Takings at the till that month were only 0.1% higher year-on-year, below the 1.5% increase forecast by analysts polled by Bloomberg and coming off the 1.9% rise in September. Excluding motor vehicles, retail sales rose 0.5%. Car sales fell […]

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Luxury living in Singapore just got costlier

SINGAPORE (The Straits Times/ANN) – It is getting costlier to live the high life in Singapore, which has moved up a spot to become the second-most expensive city for luxury living in Asia. And women may require especially deep pockets, with luxury goods for them found to have heftier price tags on average compared with […]

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