Economy
Total trade contracts 19.2% YoY in June
Total trade contracts 19.2% YoY in June
This extended the 17.9% decrease in the previous month.
Singapore avoids recession due to growth in services sector
The Lion City is expected to post a 0.8% GDP increase this year.
Economy slightly grows in 2Q23: flash estimates
It grew 0.7% YoY from 0.4% YoY in 1Q23.
UOB survey reveals 83% of SG firms keen on SE Asia expansion
UOB’s Eric Lian points out the resilience and growth of ASEAN as the major attraction for Singapore companies to expand operations.
Two thirds of SGX-listed firms begins climate reporting initiatives
But only a tenth have had such reports independently audited, EY said.
SG, Vietnam ink 12 deals for digital talent development and investment for businesses
One of the memorandum of understanding offers upskilling for 5,000 businesses.
Mandatory climate reporting for listed and large non-listed firms recommended
The sustainability reporting advisory committee (SRAC) consulted 90 participants.
1.5 million Singaporeans to receive up to $700 from GSTV-Cash
Eligible citizens can get up to $300 more compared to 2022.
Analyst advises investors to tap into private markets for corporate growth
DBS also found further upside for gold investment.
MAS, National Bank of Rwanda join hands for Rwanda Imbaraga SME ecosystem
It creates stronger connections between SMEs in Rwanda and Singapore.
Inflation momentum to ease further into 2023: analysts
RHB expects core inflation to decline 0.1% to 0.2% MoM in Q423.
MAS unlikely to change policy in October: experts
UOB Kay Hian said an off-cycle announcement will only happen if there's a sharp growth downgrade in inflation.
Inflation eases to 5.1% in May
MTI attributed the moderation to lower private transportation inflation.
What is the most challenging requirement amidst digital transformation?
PwC sheds light on proactive measures and responsible approaches to ensure the ethical use of technology.
Sotheby’s celebrates 50 years in Asia with $1.1b annual sales
Premier auction house sees millennials driving the art market’s growth and energy, particularly in the fields of contemporary art and luxury.
Singapore ranks 4th in list of world’s most competitive economies
It dropped by one place from last year.
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Commentary
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