Singapore: Singapore’s manufacturing and services sectors mostly see no change in business conditions Friday, 29 July 2016 – The rather gloomy outlook for firms in the manufacturing and services sectors continues, according to the latest business expectations survey by the Economic Development Board (EDB). The survey, released on Friday (July 29), found that a majority […]
Read MoreSingapore: Singapore bank lending dips in June Friday, 29 July 2016 – Singapore’ total bank lending fell in June on smaller loans to manufacturing and financial sectors, central bank data showed on Friday (July 29). Loans and advances by domestic banks amounted to S$590.5 billion in June, data from the Monetary Authority of Singapore showed, […]
Read MoreSingapore: Jobless rate, layoffs rise amid sluggish economy Friday, 29 July 2016 – The labour market is showing increasing signs of strain, as unemployment climbed in the second quarter of the year and layoffs hit a seven-year high. Economists interviewed expect this situation to persist for the rest of the year as Singapore’s economic growth […]
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