Economy
Beijing's risk-curbing measures could dent household loan growth
Beijing's risk-curbing measures could dent household loan growth
Household loan stock has already fallen from 24.7% to 20% in March.
Services business receipts jumped 8.5% in Q1
The financial and insurance services sector led the growth at 14.2%.
Singapore manufacturing output up 9.1% in April
Growth was led by the electronics segment that has been in the black for 26 months.
Economists divided over Singapore's higher GDP forecast
MTI raised its GDP projection to 2.5%-3.5% despite economic uncertainties.
Malaysia to remove GST by 1 June
Analysts expect this to bolster consumer spending by at least 8%.
Singapore is no longer the 2nd costliest Asian city
But luxury item prices continued to climb 2.4% from last year.
Credit financed 46.4% of Singapore's business-to-business sales
Businesses actively opt for trade credit as part of ‘common practice’.
Daily Briefing: GDP jumped 4.4% in Q1; Go-Jek to invest US$500m into Singapore and 3 markets
And the 139-unit Landmark Tower was sold for $286m.
Chart of the Day: Housing prices dented inflation deeper in April
Prices of housing and utilities dipped 2.3%.
Brace for these price hikes in July
Prices of Changi Airport fees, water, and gas will rise.
Consumer prices down 0.1% in April
Price gains in retail, electricity & gas, and services were all muted.
CFOs' business confidence hits 9-year high
90% of CFOs expect economic expansion this year, beating the 82% record in 2010.
Daily Briefing: Singapore reveals Shell refinery lost fuel worth US$40m; Kempinski to manage its first Singapore hotel
And here's why the number of employers using enhanced WorkPro scheme rose.
Japan and Singapore renew bilateral currency swap deal
The agreement allows Singapore to swap Singapore dollars for US$3b.
Companies in the dark about adjusting prices during GST hike
The government didn’t give a specific date on when it would raise the tax rate from 7% to 9%.
Daily Briefing: Singapore and Indonesia lure 90% of VC deals in SEA; Flex work in Singapore up by 70%
And here's why UOB beats DBS in paying out its dividends even in difficult times.
Commodity trading hits $28b in local business spending in 2017
Total employment in the wholesale trade sector also hit 15,300.
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