SINGAPORE’S headline inflation rose to 3.2 per cent in October, the highest in over 8 years, according to consumer price index (CPI) data from the Monetary Authority of Singapore (MAS) and the Ministry of Trade and Industry (MTI) on Tuesday (Nov 23). The last time headline inflation crossed the 3 per cent mark was in […]
Read MoreSINGAPORE – Expecting the global Great Resignation phenomenon to play out in full next year, employers in Singapore are reverting salary increments and payroll budgets to near pre-pandemic levels in a bid to hold on to their employees, as well as fill vacancies next year. Publishing its Mercer’s 2021 Total Remuneration Survey last Wednesday (Nov […]
Read MoreRISING construction costs continue to be the biggest risk faced by Singapore’s real estate market, followed by increasing inflation and interest rates. This is according to the Q3 2021 Real Estate Sentiment Index published by the National University of Singapore Real Estate (NUS+RE), which represents the Department of Real Estate and the Institute of Real […]
Read MoreThe Finance Ministry has imposed anti-dumping duty on steel and fibreglass measuring tapes imported from Cambodia and Singapore. This follows the Designated Authority in the Directorate General of Trade Remedies (DGTR), concluding a circumvention in the anti-dumping duty imposed on such tapes originating from China. The Designated Authority had, in September 2021, in its final […]
Read MoreSINGAPORE exports rose for the 11th straight month in October, driven by non-monetary gold, specialised machinery and petrochemicals, though electronics shipments also remained strong. Non-oil domestic exports (NODX) growth jumped by 17.9 per cent year on year, up from the 12 per cent expansion in September and also ahead of the median estimate of 15.1 […]
Read MoreSINGAPORE – Singapore’s non-oil domestic exports (Nodx) jumped the most in four years, powered by a pick-up in both electronic and non-electronic shipments. Nodx rose by 17.9 per cent last month – the biggest leap since October 2017 when shipments soared by 20.5 per cent. The October increase was also the 11th consecutive year-on-year gain, following a […]
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