Economy

China: Retail sales going up

DBS Group Research said China’s retail sales growth is higher than it’s been in a decade.

China: Retail sales going up

DBS Group Research said China’s retail sales growth is higher than it’s been in a decade.

Demand in the US accelerates

DBS Group Research said demand in the US is accelerating, even without including inventories or government spending in the picture.

USD-SGD expected at 1.3450-1.3520 range

The better-than-expected PMIs boosted global risk appetite, according to OCBC.

Singapore is world's fourth largest forex centre

Singapore-based financial institutions poised to capitalise growth as average daily foreign exchange turnover volume reached US$266bln.

Singapore: Further tightening could push rates lower

Macquarie Research believes MAS is unlikely to tighten monetary policy again in October.

Minister for Finance reappoints Peter Ong Chairman IRAS

Minister also appointed three new members, reinstated four, and named three retirees.

Singapore: Difficult to derail 2010 growth momentum

Macquarie Research says with increases in pharmaceutical output capacity and the strong momentum in the service sector that could cushion the fall...

USD-SGD rises to 1.3638

The USD-SGD is currently around the 1.3600 mark as global risk appetite remains curbed by US data and Ireland’s downgrade, according to OCBC.

Singapore: Reliance on FDI from Europe raises concern

According to Macquarie Research, growth outlook appears vulnerable in terms of investment, with nearly half of Singapore’s cumulative net inflows of...

Minister Lee urges more companies to adopt standards

Standards can streamline processes and simplify production and product specifications which help to raise their efficiency.

MPA strikes deal with its Korean counterpart

MOU provides opportunities against Asian piracy threat and promotion and enhancement of navigational safety.

Safeguarding the Singapore brand

Over the last four decades, the government of Singapore and its people have built a city that is known around the world as being very clean, safe and...

July exports cooled as government sees slacking demand

Overseas demand may lessen as European governments implement austerity programs to cut deficits and households spending.

MOF accepts suggestions on goods and services tax amendment bill

20 suggestions were considered while 16 not accepted due to inconsistency with legislative drafting convention.

Car sales hit the brakes

Retail sales are being dragged with motor vehicle sales falling by an average of 30% in recent months.

Now what Singapore?

Predicting the future can be a notoriously tricky business. Things that people declare with certainty will happen often don’t, while things that no...

Singapore economic growth may ease after expanding 17.9%

Euro debt crisis and US slowing economy threaten bid for becoming economically relevant in fast-changing world.