A global electronics boom propelled Singapore’s export growth to a seven-year high last year – but an underwhelming showing last month hinted that this pace will be tough to sustain. While trade demand is set to remain robust, exports are expected to grow at a more sedate pace this year, economists said. December trade data […]
Read MoreSINGAPORE: The rise in the ringgit against the Singdollar has sent demand for the Malaysian currency plunging at some money changers in Singapore. Mohamed Rafeeq, the owner of Clifford Gems and Money Exchange at Raffles City mall, told The Straits Times that sales of the ringgit are down about 30 per cent from three months […]
Read MoreSINGAPORE exporters ended 2017 on a muted note after a year of surging growth, with shipments coming in way below expectations in December. But for the whole of 2017, growth came in at its strongest pace in seven years on the back of robust global demand for tech products. Non-oil domestic exports (NODX) grew 3.1 […]
Read MoreSINGAPORE – Singapore continued to slide down the list of most expensive places in Asia for mid-market rentals, according to a survey by ECA International. The country is now ranked eighth, down one notch from the previous year. In 2016, Singapore was placed fourth. ECA International’s regional director for Asia Lee Quane said: “This is […]
Read MoreINFLATION expectations in Singapore stayed tame as geopolitical uncertainties cooled the euphoria from global economic growth, a survey by the Singapore Management University (SMU) showed on Tuesday. The results ofthe survey last month showed that Singapore households expect the median one-year-ahead headline inflation (or CPI-All Item inflation) to inch up to 2.97 per cent from […]
Read MorePAYMENT performance of local firms improved from an all-time low in 2016, with the annual average proportion of prompt payments rising from 43.77 per cent to 48.40 per cent in 2017. According to the Singapore Commercial Credit Bureau (SCCB), the annual average proportion of slow payments fell by five percentage points from 44.71 per cent […]
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Thailand
