Singapore

October 25, 2022

Singapore to tighten rules on electricity retailers, raise safeguards around supply and price shocks

SINGAPORE’S energy regulator will introduce major guardrails to ensure secure and sufficient gas supply and power generation, and to better protect consumers. The move comes after extraordinary spikes in spot electricity prices last year and a global energy crunch that rocked the electricity market. Measures targeted at electricity retailers include stricter qualifying criteria such as […]

October 21, 2022

Singapore’s asset management industry posts higher growth rate than global average

SINGAPORE – Singapore’s asset management industry grew at a quicker pace than the global average in 2021, aided by a strong pipeline of new funds seeking investment opportunities in the Asia-Pacific. Assets under management (AUM) here expanded by 16 per cent from a year earlier to US$4 trillion (S$5.7 trillion), according to the Singapore Asset […]

October 21, 2022

Most Singapore households able to continue servicing mortgages amid rising interest rates

MOST Singapore households are able to continue servicing mortgages for their homes in the face of rising interest rates, ministers told Parliament on Thursday (Oct 10). Alvin Tan, Minister of State for Trade and Industry, said household debt as a whole remained healthy, and stress tests conducted by the Monetary Authority of Singapore (MAS) suggest […]

October 20, 2022

70% of Singaporeans concerned about higher household expenses: Study

SINGAPORE – Nearly 70 per cent of Singaporeans are concerned about higher household expenses, according to a recent study by UOB. This is an increase of 11 percentage points from last year, owing to rising inflation and an uncertain economic climate. About 70 per cent of Singaporeans also think there is a likelihood of the […]

October 18, 2022

Singapore: Luxury condo sales hold up in Q3 even as top-end GCB market softens

DEMAND for luxury condominiums in Singapore continues to hold up, even as sales of top-end Good Class Bungalows (GCB) soften, said Huttons Asia in its latest report on the luxury market released on Tuesday (Oct 18). According to the report, 110 non-landed new homes with a price tag of S$5 million and above were sold […]

October 17, 2022

Singapore’s inflation expectations at 11-year high amid global economic uncertainty: poll

SINGAPOREANS’ headline inflation expectations for the year ahead hit an 11-year high, up to 4.6 per cent in a September poll from 3.9 per cent in June 2022, according to the latest quarterly results of the Singapore Index of Inflation Expectations (SInDex). The September figure is the highest recorded since December 2011, which also polled […]

Asean News

Malaysia’s construction sector expands 8.1% in 2Q 2023 – DoSM

Philippines: Government hikes budget for debt payment

Thailand: Behind the power tariff decision

Cambodia’s agricultural product exports at $2.6 billion

More Filipinos went jobless, sought more working hours in June

Cambodia, Laos & Myanmar – 2016 Foreign Investment Outlook

Vietnam: Elusive trade target with Vietnam renewed

Central Group wins bid for Big C Vietnam

Economy Retailers must find competitive edge: experts

Up to 72 percent of enterprises support TPP

Contact Us