Economy
August contraction a ‘blip,’ IP momentum to still improve in 4Q – expert
RHB cited 2 factors for the deeper-than-expected manufacturing output decline in August.
August contraction a ‘blip,’ IP momentum to still improve in 4Q – expert
RHB cited 2 factors for the deeper-than-expected manufacturing output decline in August.
Elderly Singaporeans pushing for higher retirement age
The seniors also showed support for a re-employment age of 68 years old and higher.
MAS unlikely to change monetary policy in October – experts
There is, however, a 40% chance that it will reduce the slope of the S$NEER band slightly.
SG and India collaborate to use technology for enhanced access to justice
The two markets signed two deals to promote bilateral judicial cooperation.
Looser monetary policy awaits Singapore in 2024: report
Experts believe inflation will fall further this year.
Inflation eases to 4.0% in August
MTI attributed the moderation to lower core and accommodation inflation.
Financial fitness is a major factor when it comes to the quality of life: Study
Developed markets scored lower than those in emerging markets.
MOE to implement more AI tools for detailed education
Beginning in December, two learning feedback assistants will be implemented into the SLS.
Gov’t extends 4% interest rate for SMRA in 2024
It will help CPF members mitigate the uncertain economic conditions.
Singapore snatches Hong Kong’s crown as world’s freest economy
Improvement in its size of government boosted Singapore in the rankings.
Unclear if higher tax revenue growth trend will continue: MOF
The tax revenue growth complies with SG’s economy, the Ministry of Finance said.
MOF to consider ‘age-based only’ in criteria of Majulah Package
Currently, the package only benefits seniors with lower incomes and less wealth.
SSIA reaffirms commitment for global industry collaboration
This will boost the country’s semiconductor supply chains.
Trouble ahead: Expert predicts lower NODX contraction in 2023
In August, NODX fell by 20.1% YoY.
Non-oil domestic exports drop 20.1% YoY in August
Drop in electronics and non-electronic exports drove the overall decline.
SG drops to fourth place in finances in retirement sub-index
The city-state has been at top of the ranking since 2019.
6 in 10 firms plan to increase wages in the next 12 months
There are more large companies that want to increase wages compared to SMEs.
Commentary
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