Singapore’s key exports in April eased slightly from the previous month, although shipments to the Republic’s top 10 markets rose as a whole, according to data from Enterprise Singapore (Enterprise SG) on Tuesday (May 17). Non-oil domestic exports (NODX) rose 6.4 per cent year on year in April, close to private-sector economists’ expectations of a 6.5 […]
Read MoreSINGAPORE’s life insurance industry saw a 2 per cent dip in weighted new business premiums to S$1.21 billion in the first quarter of 2022, from S$1.23 billion in the year-ago period. This came as sales of annual-premium products dropped 20 per cent to S$555.1 million, from S$692.8 million in the year-ago period, according to data […]
Read MorePRIVATE-HIRE and taxi companies in Singapore are rushing to attract more drivers to meet surging passenger demand after the city-state dropped most of its pandemic-era curbs. The city-state’s taxi fleet shrank by almost a fifth during the past two years, government data show, with many drivers exiting the industry as virus measures hit demand and […]
Read MoreRents for Singapore’s private apartments and Housing Development Board flats surged to record highs last month, according to local media, and expectations are that they will keep rising. Condominium rents climbed 2.3% in April from a month earlier to surpass their previous peak reached in January 2013, while those for HDB flats increased 1.9% to […]
Read MoreSINGAPORE – The rental prices for Housing Board flats and private apartments continued to rise in April, hitting new highs in both markets, while leasing volumes dipped. Condominium rents last month surpassed the previous peak in January 2013 by 1.8 per cent, while HDB rents saw a record increase year on year, according to flash […]
Read MoreCentral banks need to figure out how they can safely use central bank digital currencies (CBDCs) for businesses to send money to one another in cross-border payments, Mr Ravi Menon, managing director of the Monetary Authority of Singapore (MAS), said at an International Monetary Fund and Swiss National Bank conference in Zurich yesterday. A CBDC […]
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