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Singapore: Manufacturing expectations still pessimistic, services sector less upbeat: surveys

SINGAPORE’S manufacturers remain negative about business conditions in the next six months, while services firms were less positive, according to separate quarterly surveys on Monday (Oct 31). A net weighted balance of 20 per cent of manufacturers expect a less favourable business situation October 2022 to March 2023, worsening from the previous quarterly survey, where […]

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Singapore: MAS to conduct trials for digital Singdollar that supports government payouts, vouchers

THE Monetary Authority of Singapore (MAS) sees promise for a purpose-bound digital Singapore dollar (Singdollar) to support government payouts and various other digital voucher schemes. Its findings on this topic and proposals for future trials were detailed in a report released on Monday (Oct 31) marking the successful completion of Phase 1 of Project Orchid, […]

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