SINGAPORE – Singapore’s core inflation will continue to rise over the coming quarters because of higher business costs and continued import price pressures, the central bank said in its latest macroeconomic review published on Thursday (Oct 28). The Monetary Authority of Singapore (MAS) noted in its biannual review that while business cost pressures have been […]
Read MoreSINGAPORE’S economic growth in 2022 is expected to be slower than in 2021, but still above trend, the Monetary Authority of Singapore (MAS) said in its latest Macroeconomic Review on Thursday (Oct 28). While the MAS did not put a number to “above-trend growth”, private-sector economists generally see Singapore’s pre-Covid trend growth as being somewhere […]
Read MoreKUALA LUMPUR, Oct 28 ― The government plans to set up special vaccinated travel lanes for those who travel between Malaysia and Singapore to facilitate cross-border travel between the two countries. Tourism, Arts and Culture Minister Datuk Seri Nancy Shukri said discussions on the matter involving several ministries from both countries were underway. She said once approved, the establishment of […]
Read MoreSINGAPORE’S trade does not seem to have been materially affected by disruptions in global and regional supply chains, judging by its “relatively resilient performance” in the pandemic, the Monetary Authority of Singapore (MAS) said in its latest Macroeconomic Review on Oct 28. “On the whole, domestic manufacturers have not been significantly affected by supply constraints […]
Read MoreSINGAPORE(THE BUSINESS TIMES) – In line with the economy’s broad recovery, rents and prices of industrial space in Singapore rose for the fourth straight quarter, while delays in completion persisted. Occupancy in the July-September period was flat over the previous quarter at 90.1 per cent, although it improved by a mild 0.5 percentage point on a […]
Read MoreSINGAPORE – After suffering fits and starts for most of 2021, the Singapore economy is now set to grow at a faster than usual pace, with economic output already returning to its pre-pandemic level in the third quarter, the central bank said on Thursday (Oct 28). With the resurgence of Covid-19 a lingering threat, the […]
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