Economy

DPM Wong to visit the US to strengthen bilateral relationships

DPM Wong will visit Arizona, New York, and Washington D.C.

DPM Wong to visit the US to strengthen bilateral relationships

DPM Wong will visit Arizona, New York, and Washington D.C.

SG to amend Free Trade Zone Act 

The government is proposing three changes to the regime.

Professional services firms lag in digital sustainability efforts: study

FMCG, transportation, and infrastructure sectors are “digital sustainability sceptics.”

Regulatory caps on neobanks’ operations could stifle growth, expert warns

Despite questions arising from the recent rise of deposit caps in neobanks, incumbent banks are left unfazed.

2.5 million Singaporeans to receive $800 cash assistance in December 

The government will disburse an additional $1.1b under its Cost-of-Living Support Package.

Heads up Singaporeans: Water bills rise to 50 cents per cubic metre in phases over 2 years

Three in four homes will see an increase of less than $10 monthly in water bills.

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.