PRIVATE home prices in Singapore grew by 3.8 per cent in Q3 2022, accelerating from 3.5 per cent in Q2 and higher than the 3.4 per cent flash estimate by the Urban Redevelopment Authority (URA) earlier this month. Between January and September, prices of private homes expanded by 8.2 per cent, highlighted Leonard Tay, head of […]
Read MoreSINGAPORE: Asia may be heading for a reordering of sorts in cryptocurrency markets, with Hong Kong moving to legalize retail trading of digital tokens just as Singapore looks to impose fresh restrictions on consumers. Speaking in an interview with Bloomberg Television, Singapore’s central bank chief Ravi Menon had a clear message for other financial centers looking to […]
Read MoreSINGAPORE’S core inflation is expected to be driven more by domestic inflation than external pressures in 2023, with inflation slowing but staying high over the course of the year, according to the Monetary Authority of Singapore’s (MAS) latest macroeconomic review on Thursday (Oct 27). Domestic inflation is likely to persist at elevated rates for some […]
Read MoreSINGAPORE’S economic growth is expected to slow to a pace that is “below trend” next year, weighed down by key external-facing sectors such as manufacturing and financial services, the Monetary Authority of Singapore (MAS) said in its half-yearly macroeconomic review on Thursday (Oct 27). Meanwhile, the global economy is in a “precarious” state with growth […]
Read MoreAS companies around the world strive to navigate volatile macroeconomic and geopolitical conditions, Singapore’s financial sector finds itself in an advantageous situation. Many of its firms have already started investing in digitisation, efficiency and productivity to better prepare for unforeseen crises. Not only has this strengthened the ability of Singapore’s financial industry to serve the local […]
Read MoreSINGAPORE’s core inflation rose further to 5.3 per cent in September but headline inflation held steady at 7.5 per cent, both in line with economists’ expectations, according to Department of Statistics consumer price index (CPI) data on Tuesday (Oct 25). The pickup in core inflation was on account of larger price increases for items such […]
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Thailand
