SINGAPORE – The trading of digital payment tokens (DPTs), commonly known as cryptocurrencies, is highly risky and not suitable for the general public, said the Monetary Authority of Singapore (MAS) as it issued a new set of guidelines for DPT service providers on Monday (Jan 17). The guidelines, which take effect immediately, set out the […]
Read MoreSINGAPORE’S key exports continued growing for the 13th straight month in December, although momentum has eased slightly from the previous month. Non-oil domestic exports (NODX) rose 18.4 per cent year on year with the help of both electronic and non-electronics, but this was slower than November’s 24.2 per cent growth, according to data released by […]
Read MoreSINGAPORE, Jan 17 (Reuters) – Singapore’s December non-oil domestic exports (NODX) rose 18.4% from a year earlier, official data showed on Monday, mainly due to stronger non-electronics exports, while electronics also grew. The rise followed a decade record surge of 24.2% in November. Economists had expected a 13.8% increase, according to the median of 9 estimates. On […]
Read MoreBOTH employment rates and pay were up for fresh polytechnic graduates in 2021, improving upon both 2020 and the pre-pandemic performance in 2019, according to the 2021 Polytechnic Graduate Employment Survey. The survey indicated that 91.4 per cent of fresh polytechnic graduates were hired within six months of graduation, which was an increase from 85.4 […]
Read MoreSINGAPORE – The rental markets for Housing Board (HDB) flats and private apartments ended on a robust note in 2021, as rents surged by more than 10 per cent despite demand slipping in December. Condo rents jumped by 11.4 per cent while HDB rents climbed by 10.4 per cent in the whole of last year, […]
Read MoreSINGAPORE – Singapore does not expect persistent, accelerating inflation ahead, and cost pressures are expected to ease gradually over the course of the year, said Minister of State for Trade and Industry Low Yen Ling in Parliament on Tuesday (Jan 11). Addressing several MPs’ questions on inflation concerns and the impact on Singapore’s economy and […]
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