Economy

Singapore GDP could slow to 2.5% year-on-year in the second quarter

The slower y-o-y growth for the Q2 compared to the 8.5% in Q1 is partly due to a strong base year and a volatile production that spells downtrend in...

Singapore GDP could slow to 2.5% year-on-year in the second quarter

The slower y-o-y growth for the Q2 compared to the 8.5% in Q1 is partly due to a strong base year and a volatile production that spells downtrend in...

Inflation woes to get worse

The impending rise of utility costs in Q2 and rising commodity prices mean the inflation battle is by no means over, OCBC said.

Inflation to hover around and above 5% in the coming months

Underlying demand-led pressures will join up with rising commodity prices to keep inflation readings on the high end for a while, HSBC said.

Inflation rises to 5.0% in March 2011

On a month-on-month basis, consumer price index rose marginally by 0.1 per cent.

Inflation likely to register 5.3% for March 2011

The headline price barometer which breached the 5% mark is significantly higher than the 1.3% average inflation over the last wo decades, said DBS.

E-filing fails to boost number of taxpayers

Despite the IRAS' introduction of an electronic system, the filing rate for 2011 remains at 88%, about the same as last year.

Fitch affirms Singapore's AAA rating; outlook stable

The ratings agency cited strong public sector balance sheet and large fiscal surpluses as some of the bases for the country's sovereign status.

Singapore dissolves parliament

This is a move to set a stage for the General Elections on May 7.

March inflation forecast at 5.1%

Inflation for the first half of 2011 is expected to remain elevated at 4.7 per cent, said DMG.

Stronger 1Q GDP reinforces 2011 GDP forecast of 7%

This is higher than the official forecast range of 4-6 per cent, said DBS Vickers.

Singapore dollar set to test new highs as MAS goes easy on the appreciation

The MAS has appreciated the S$ trading band, but in a surprising move they didn't go as far as they could have.

MAS will re-centre exchange rate policy band

Although the exchange rate policy band will be re-centred below the prevailing level of the S$NEER, there will be no change to the slope and width of...

Inflation forecast remains at 3-4% for 2011

MAS Core Inflation for the whole year will be 2-3 per cent, said the MAS.

Singapore’s business confidence soars

Rising optimism means increasing business expenditure in Singapore as over two thirds of Singaporean companies report 69% rise in revenue, and 61%...

Inflation has likely peaked

CPI inflation is expected to moderate from now on, said Minister Lim Hng Kiang.

Crisis in Japan, Middle East have low impact on Singapore economy

Although the recent increase in oil prices is likely to have affected global economic activities to some extent, the impact has been small, said...