Economy

Lower-wage earners uplifted, retrenchments decline: gov’t report

Real income growth of 20th percentile earners was 2.7% per annum.
18 hours ago

Lower-wage earners uplifted, retrenchments decline: gov’t report

Real income growth of 20th percentile earners was 2.7% per annum.
18 hours ago

Singapore economy to grow ‘markedly slower’ in 2023: report

UOB forecasts a 0.7% GDP growth rate. 
20 hours ago

Businesses, residents invited to give suggestions on 2023 budget

Singaporeans can provide their views and hopes for the budget until 13 January.
1 day ago

SG, Vietnam expand economic cooperation

The countries discussed closer partnerships in emerging areas like renewable energy.
1 day ago

Employment rate hits 67.5%, exceeding pre-COVID level

It was higher by 2.3 percentage points than the 2019 figure. 
4 days ago

Median workers’ real income growth rises to 2.1% in 2022

The growth, however, was still lower compared to the pre-pandemic average of 3.8%.
4 days ago

SG, New York are the world’s most expensive cities

This is the 8th time that SG ranked first in the Worldwide Cost of Living survey.
4 days ago

Which sector was outperforming in Q3 22?

The tech sector was a clear outperformer in the third quarter of 2022.
5 days ago

Here’s the CPF interest rates for Q1 2023

The interest rates for Ordinary Accounts and Special and MediSave Accounts were unchanged.
5 days ago

Cloud, IoT deals shield Temasek from big impacts of FTX write off

The Singapore-based firm said it would write off a $275 investment from FTX.

Temasek's Paris office to start operations in H1 23

It will expand the talent pool in Europe and other regions.

Chip downturn poses threat to manufacturing growth in 2023: analysts

Manufacturing output will continue to slowdown in 2022 to 2023.

7 in 10 workers will switch jobs if their pay increment is lower than the inflation rate

More than half of employees expect a pay increase of more than 6% in 2023.

Business receipts of service industries rise 14.5% YoY in Q3

Recreation & Personal Services had the highest growth in revenue amongst industries.

Headline inflation to average 4% in 2023: UOB

This projection excludes 2023 goods and services tax impact.

Possible recession in H1 23 is likely a ‘shallow one:’ RHB

This despite the further stress predicted in the first half of 2023.

Majority of businesses that have ESG programme report higher profits: study

Over 50% said having such a programme improved their performance.