Economy

PAP gains 60.1% of popular vote

PAP gains 60.1% of popular vote

Ruling party PAP secured 81 of the total 87 parliamentary seats, said OCBC.

Singapore still the top Asian city to do business and leisure

New York topped the Cities of Opportunities ranking while Singapore ranked 9th worldwide.

PM says wage increase has a hidden risk

Should built-in wages grow too much and too fast, Singapore would generate a wage-price spiral that feeds inflation, said PM Lee.

Japan tragedy to have limited negative impact on Singapore

The Asia and Pacific region will experience rebust growth both in 2011 and in 2012, said the IMF.

Opposition to contest 82 of the 87 parliament seats

Only the slate of 5 PAP candidates led by Minister Mentor Lee Kuan Yew in Tanjong Pagar district will run unopposed.

Singapore's 2009 overseas investment up to $736.5bn

The country’s direct investment contributed 48.8% to total investment abroad while 28.3% and 22.9% were attributed to portfolio investment and other...

Economy's surge in Q1 set the stage for broad-based growth in 2011

After the surge in Q1, there could be a temporary pullback in economic activity in Q2, said the MAS.

1% upgrade in GDP forecast herald sunny future for SG economy

However, inflation may still remain elevated due to various factors, said OCBC.

Growth may ease in the next few months

The 22% jump in manufacturing output was still weaker than the GDP flash estimate for manufacturing, said HSBC.

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.