SINGAPORE (BLOOMBERG) – Private home prices in Singapore are unlikely to stage a rapid rebound after the government imposed further property curbs in mid-2018, the finance chief of the country’s largest developer said. “If we see a 5 per cent increase in home prices I think that will be a pretty good year for the […]
Read MoreSINGAPORE: Singapore Finance Minister Heng Swee Keat will aim to strike a delicate balance in today’s budget: preaching fiscal prudence while doling out more social spending ahead of elections that could come as early as this year. While not expected to be as headline-grabbing as last year – when Heng flagged a hike in the […]
Read MoreSINGAPORE’S trade sector began 2019 on a weak note with non-oil domestic exports (NODX) for January sliding a worse-than-expected 10.1 per cent from a year ago as both electronic and non-electronic shipments shrank. Analysts polled by Bloomberg poll were expecting a 3.5 per cent decline, given the high base effect of January 2018 when exports […]
Read MoreGROWTH of both trade and exports eased in 2018, leading trade promotion agency Enterprise Singapore to maintain its growth forecasts for non-oil domestic exports (NODX) and total merchandise trade at zero to 2.0 per cent for 2019. Total trade crossed the S$1 trillion mark last year. Year-on-year NODX growth slowed from 8.8 per cent in 2017 […]
Read MoreSINGAPORE: Singapore‘s economy grew at its slowest pace in more than two years in the fourth quarter, data showed on Friday, as the trade ministry warned manufacturing is likely to see a “significant moderation” this year. Weakening growth momentum for Singapore‘s open economy – a high-tech manufacturing base and transportation hub – underscores the risks to Asia’s export economies from the protracted U.S.-Sino trade war. “The pace of growth in the […]
Read MoreSINGAPORE household income growth per person slowed in 2018, although the shrinking number of people living under the same roof helped to give the figures a boost. Median household income from work for each member stood at S$2,792 a month – up by 3.4 per cent on a dollar basis, or by 3 per cent […]
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