Economy
Singapore ranks 2nd most free economy in the world in 2010
Singapore ranks 2nd most free economy in the world in 2010
Singapore scored 87.2 in the 2011 Index of Economic Freedom.
Singapore foreign reserves up 3.8% in December 2010
Foreign reserves increased to US$225.75 billion in December, OCBC said.
Asian currencies likely to retreat against USD
USD-SGD is seen to play a 1.2900-1.3000 range but regional Asian currencies is still expected to continue to retreat warily against USD, OCBC said.
Singapore service sector contracted 8.8% in 2010
The only service sectors that showed growth are financial services sector and tourism-related business, HSBC said.
HSBC forecasts a ho-hum 2011 for Singapore economy
The bank says the country is about to enter into “normal times” after rebounding quickly from the global financial crisis and posting a record 14.7%...
Singapore's 2010 GDP falls short of expectations
The economy registered a full year growth of 14.7% despite expanding in 4Q10, and failed to meet the analysts’ 15% prediction.
Singapore GDP growth forecast at 5% in 2011
Despite the 14.9% yoy GDP growth for 2010, GDP growth should moderate to around 4-5% in 2011.
US$1.13bln worth of small domestic appliances sold in ten months
Singapore Small Domestic Appliances industry grew significantly by 32 per cent.
Singapore economic growth expected to drop at 5.2% in 2011
While a full-year growth of 14.8% is expected for 2010.
Singapore inflation to increase 3.2% in 2011
The S-REIT sector now trades at a normalized FY11F distribution yield of c6.1%, slightly below its historical mean of c6.5%.
Singapore Banks get stable ratings—Fitch
The outlook on all banks' 'AA-' Long-Term IDRs is stable though home price decline behind risky & weak external conditions.
Singapore gross domestic product forecast at 5.1%
While Hong Kong, Indonesia, Malaysia and Thailand is expected to register a healthy GDP growth, ranging from 4%-6%.
Asia to become world's chief growth region in 2015
2010 signaled that Asia ex Japan has emerged from the global crisis.
Singapore authorities support protection of financial system stability
The discussion tackles measures which are said to include both macro supervision and micro measures to handle the anticipated increase in flows of...
Yields forecast at 0.4%
The central bank said that the policy of a modest and gradual appreciation of the SGD NEER will help "cap CPI inflation at 2-3% in 2011 from 2.5-3.0%...
Singapore economy seen to lose steam in 2011
GDP growth is poised to slip from 15% in 2010 to a mere 7% next year while inflation rate balloons to 3.2% from 2.8% as YoY growth moderates after a...
Asia flooded with more than $1tn of greenbacks in 2010
Government bond curve are more likely to steepen than flatten, given the prospect of strong growth and inflation.
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