Economy
2011 inflation forecast at 2.9%
2011 inflation forecast at 2.9%
While a 5.1% growth is to be expected, according to the latest MAS survey of professional forecasters. The growth and inflation for 2010 is 15.0% and...
Singapore new orders up 1.6 points
A PMI of 51.2 came in for November, according to OCBC. This is higher than October's PMI which is 50.7.
Singapore ranked 42nd most expensive location
Within Asia, Singapore is considered the 8th most expensive location in the survey conducted by ECA International. From last year, Singapore's rank...
Singapore's labour force participation rate up to 66.2%
The median monthly income from work of residents in full-time employment up 4.2% to $2,710 in 2010.
Hooked on drugs: Pharmaceutical manufacturing up 31 %
But things are slowing up with just a 2.2% growth over September, pointing that we may be close to the peak. According to HSBC, the number points to...
HSBC: Singapore economy's recovery “too fast to last”
The bank says growth in 2011 is projected to slow to 4.7% (from 4.5%) y-o-y after bouncing back at “Formula 1 speed” for the first half of this year...
Derailed: Shock as transport costs rise 9.5 % in a year
Overall inflation in the 12 months to October 2010 came in at 3.5 % but analysts warn wage pressure remains a risk.
Singapore not headed for a ‘technical' recession
Industrial production data for October will be another nail in the coffin on expectation of a technical recession in Singapore, according to DBS...
Inflation rate for 2H10 unlikely to balloon to 4%- DBS
Base effect and the pre-emptive monetary tightening by the central bank in April are reasons why inflation is expected to come in at 3.5% YoY, just a...
Singapore seen to slide from first to sixth fast-growing economy in 2011
OCBC Bank said even the MAS is already comfortable with the probability of a 4-6% growth next year as no change to monetary policy outlook is likely...
HSBC says morale should remain up even as Singapore economy is down
Although Singapore’s Q3 GDP growth slowed to 10.6% y-o-y and contracted by 18.7% q-o-q SAAR, the bank says the plunge was expected and should not be...
OCBC confirms PM Lee's gloomy forecast for 2011
The bank is keeping its 4-5% growth prediction for the economy even as it revised its 3Q GDP growth to 10.6% yoy (-18.7% qoq), versus advance...
Drugs inject life into Singapore economy in 3Q
Output in September rose by a solid 26.2% YoY on account of the rebound in pharmaceutical production although the final 3Q10 GDP growth saw the...
IE Singapore and JETRO keen on setting up third country collaboration in India
Global investors’ shift of interest to Asian developing nations and India’s position to become the third largest economy by 2050 prompted the team-up...
Singapore's October exports up 20%
Singapore’s total exports grew in October by 20 per cent y-o-y from 18 per cent in September. It also grew by 3.2 per cent m-o-m from -4.2 per cent...
PM Lee tells Singaporeans to keep their expectations low
The PM said it is more realistic to expect a 3-5% growth in the medium term for 2011 as Singapore is unlikely to achieve a repeat of the double-digit...
The Land of the Rising Sun outshines The Lion City as Asia's top country brand
Singapore might be trailing behind Japan in terms of technology, workforce competitiveness and quality of education, but the city state remains the...
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