Economy

Government to develop Singapore as Global-Asia hub

Singapore-based companies will be given the opportunity to expand into Asia using three strategies proposed by the government.

Government to develop Singapore as Global-Asia hub

Singapore-based companies will be given the opportunity to expand into Asia using three strategies proposed by the government.

Integrated Resorts projected to add $2.7bn each to the economy

It is also expected that IRs will create 50,000 to 60,000 economy-wide jobs.

7 in 10 Singaporeans are optimistic about their own economy

43% of Singaporeans think that good country leadership is a critical factor for growth.

48% of adults chose Singapore as most ideal economy to live in

Singapore, with its English speaking community, infrastructure and comforts, has made it a favorable place to attract talent and to do business.

Will Singapore catch up with developed countries' standards of living?

Finance Minister Tharman said, if incomes grow by 30% in the next decade, Singapore will catch up with the developed countries' standards of living.

Businesses to enjoy tax savings one year in advance

Minister for Finance Tharman Shanmugaratnam decided to allow tax deferrals that will allow businesses to obtain cash in the same year as their...

MAS needs to stretch and flex: Morgan Stanley

The bank warns that accommodation inflation will accelerate in 2011.

Services sector business receipts jumped 5.2% in 4Q 2010

Business receipts improved 9.8% y-o-y in the fourth quarter of last year.

Spike in crude prices may slow economic growth in Singapore

The other big issue about oil, apart from the risk of inflation, is its potential impact on growth.

Inflation forecast at 4.2% for 2011: DBS

The January inflation reading has raised the underlying trajectory for DBS' inflation forecast, up from 3.2 percent.

Full-year 2011 inflation may reach 3.8%: OCBC

Inflation forecast has been notched higher by 0.1% point due to the higher-than-expected January CPI print.

No need for alarm despite 1.6% month-on-month increase in January 2011 inflation: OCBC

Even though the January CPI print was above the market expectations of 4.4% y-o-y, OCBC states four reasons why Singaporeans should not be alarmed.

Singapore's January CPI inflation hits 2- year high

Singapore consumer price index in January rose by 5.5 percent year on year. It is the highest in more than two years. The inflation rate was also...

MAS needs to step it up to contain core inflation: HSBC

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

Cost of transport drove inflation to surge 5.5% year-on-year in January 2011

Higher costs of transport, housing and food also pushed inflation to rise 1.6% over December 2010.

Inflation seen to hit 6% in Q1 2011

The possible further monetary tightening by the MAS in April is seen to be favorable, OCBC said.

Inflation may have reached 4.3% in January 2011: DBS

After the recent upward revision by the MAS in its inflation forecast to 3.0-4.0%, all eyes will be on the inflation reading due today.