Economy

SG vows enhanced bilateral cooperation with the Philippines

The focus will be on security and defence and education.

Singapore employment up 47.4% at 47,400 in Q4 2021

Unemployment, meanwhile, dropped to 75,800 in December 2021.

4 of 5 Singapore employees want four-day workweek and flexibility

More than half of the professionals are working beyond the 44-hour workweek standard.

Singapore inks PASFTA with Latin America

This is to establish new trade linkages with the region.

Singapore EDB lures $11.8b in fixed asset investments in 2021

The investments are expected to create over 17,000 jobs.

2021 GDP growth forecast raised to 7.3%

This is on the back of a 15.5% YoY expansion of industrial production Q4 2021.

MAS to further steepen S$NEER gradient in April: analysts

This is despite MAS’ surprise-off cycle tightening in January.

UOB projects Budget 2021 deficit at $5.8b

The value is 1.1% of Singapore's GDP.

STI gains 5% with energy and bank stocks leading the market

Also, the SG benchmark ranked the third strongest of all the major benchmarks.

Headline inflation rises at fastest pace since 2013 at 4%

Elevated prices likely to push MAS to further tighten monetary policy.

Core inflation jumps to 2.1% in December 2021

The growth was driven by the increase in services inflation.

What are three effective inflation hedges?

DBS said YoY inflation will stay elevated until May 2022.

KPMG allocates $1b to green initiatives

Along with this, the group recommends a green financing bank.

Singapore’s household spending to grow by 3.1% in 2022: Fitch Solutions

The growth rate estimate is lower than the 2021 forecast of 6.6%.