SINGAPORE’S economy is expected to grow 2.7 per cent in 2017, buoyed by improved growth dynamics and ongoing recovery in global trade, said the latest report by the Institute of Chartered Accountants in England and Wales (ICAEW) released on Thursday. However, growth will remain uneven across sectors due to differing external and internal factors, said […]
Read MoreThe value of mergers and acquisitions (M&A) involving Singapore firms has declined in this half of the year compared with the same period last year and sits at a level not seen since 2013, Thomson Reuters said yesterday. Deals valued at US$22.4 billion (S$30.87 billion) have been struck so far this year, down 20.3 per […]
Read MoreSINGAPORE – Singapore’s non-oil domestic exports (NODX) contracted year-on-year in May for a second straight month but the decline was smaller than expected thanks to strong electronics demand, according to data released by International Enterprise (IE) Singapore on Friday (June 16). NODX fell 1.2 per cent from a year earlier after shrinking a revised 0.8 […]
Read MoreSINGAPORE’S non-oil domestic exports (NODX) decreased slightly by 1.2 per cent in May 2017 on a year-on-year basis, according to figures released by International Enterprise Singapore on Friday. But the trade agency said this reflects the decrease in non-electronic NODX off the high base a year ago, while electronic NODX grew for the seventh month […]
Read MoreSINGAPORE: Singapore home sales fell 34% in May as fewer new projects were launched. Developers sold 1,024 units last month, compared with a revised 1,558 in April, according to Urban Redevelopment Authority data released yesterday. A total of 339 new properties were offered, down from 1,616 in April, the data showed. Developers have still notched […]
Read MorePRIVATE-SECTOR economists have lifted their growth forecast slightly for 2017 from 2.3 per cent to 2.5 per cent, led by an expected pick-up in manufacturing, according to a survey by the Monetary Authority of Singapore (MAS). But while the headline number has gone up, growth projections for most other sectors have been trimmed, signalling that […]
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