Economy
EDB to fund 300 assessments for industrial transformation
EDB to fund 300 assessments for industrial transformation
Each company assessment will be conducted over two half-day workshops.
Singapore is the most liveable city in Asia
The distance of its rankings with other Asian cities reflects a disparity in quality of living.
Brace for more price hikes amidst possible MAS tightening
The MAS could now tighten its policy in 2018 in a bid to ensure that headline inflation remains within its range of 0-1%.
Tougher competition killed small businesses' growth in 2017
More studies suggested that higher costs and mismatched staff are also recurring problems.
NODX slipped 5.9% in February
Contractions in both electronic and non-electronic exports weighed down the NODX.
Singapore is the costliest city in the world for 5 years in a row
But in 10 years, prices of bread, wine, and smokes are expected to fall.
Chart of the Day: Labour productivity rose by 4.5% in 2017
Thanks to gains led by the manufacturing and wholesale & retail trade sectors.
Singapore could be the first casualty of a looming trade war
The worst case scenario spells doom as Singapore could lose $22b in GDP.
Economists raise GDP forecasts to 3.2% in 2018
They are more positive thanks to manufacturing growth but are also more worried by a possible global trade war.
Top 1000 SMEs profits down 17.1% to $2.9b in 2017
Slow GDP growth and weak global trade are among the challenges that plague SMEs.
Ng brothers are Singapore's richest in 2018
Their net worth of US$10.8b got them 140th place in the world rankings.
Who wants to be a half-billionaire: 20 more Singaporeans joined the club last year
The number of half-billionaires in Singapore jumped 25% to 100 in 2017.
Crazy rich Singaporeans: 1 in 25 of Asia's ultra-wealthy call Singapore home
There are 1,400 individuals in Singapore with a net worth of over US$50m.
No country for old men: Singapore and HK budget differences indicate policy divergence
The recent budgets delivered in Singapore and Hong Kong show differing paths to deal with an ageing society.
Singapore-EU to push ratification of free trade deal this year
When passed, it will allow consumers and producers reach each other’s markets sans custom duties on all qualifying goods.
Chart of the Day: Infocomm services sales grew 13.6% in Q4 2017
It led the growth in the services sector.
Singapore PMI down 0.4 point to 52.7 in February
The reading was pulled down by the weaker electronics manufacturing sector.
Commentary
Singapore’s global dispute fault lines
‘Tokenmaxxing’ – The wrong AI race to run in Singapore
To outsmart modern fraud, we must first know the enemy
Why Singapore SMEs cannot wait for quantum cyber risk to arrive before securing data
Is Singapore's emphasis on long-term security and stability hindering purpose-driven employees?
When Singapore's agentic AI ‘chefs’ arrive, will the kitchen be ready for them?