SINGAPORE – Singapore plays a very important role in digitalisation integration initiatives in Asean, said Trade and Industry Minister Gan Kim Yong on Wednesday (March 23). This is primarily driven by the Republic’s strong physical and digital connectivity, he said, adding that Singapore is keen to work with fellow Asean members to strengthen digitalisation in […]
Read MoreCONSUMER prices were up 4.3 per cent year on year in February, faster than the 4 per cent increase the month before, on higher transport costs. The all-items consumer price index (CPI) reading is at its highest in 9 years, and beat the median forecast of 4.2 per cent in a Bloomberg poll. But core […]
Read MoreDESPITE disruptions from Covid-19, Singapore’s productivity grew 3.9 per cent per annum from 2019 to 2021, likely driven by its economic transformation efforts that had begun before the pandemic. The increase in productivity levels during the pandemic is also higher than that in the years before, Deputy Prime Minister Heng Swee Keat revealed in a […]
Read MoreSINGAPORE (BLOOMBERG) – The Singapore dollar looks set to move up the regional currency rankings in the next quarter, with rising core inflation expected to spur further policy tightening from the Republic’s central bank in April. The currency should be better positioned to weather higher US yields than most Asian peers. While other regional central […]
Read MoreRepost: Sales of bunker fuels at Singapore port fell 15% on year during February 2022, according to Maritime and Port Authority of Singapore (MPA) data. In total, 3.50 million metric tonnes (mt) (exact 3,501,600 mt) of various bunker grades were sold at the world’s largest bunkering port in February, lower than 4.12 million mt (4,120,100 […]
Read MoreSINGAPORE (CNA) – Singapore’s non-oil domestic exports (NODX) grew at a slower pace of 9.5 per cent in February on a year-on-year basis, after a 17.6 per cent expansion in the previous month. Both electronics and non-electronics exports went up, and exports to the top 10 markets grew in February, mainly due to the European […]
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