Economy

'Tighter' financial conditions to weigh on Singapore's lending market: MAS

Risks include high inflation, geopolitical tensions, and spillovers from China's economic situation and global real estate market strains.

'Tighter' financial conditions to weigh on Singapore's lending market: MAS

Risks include high inflation, geopolitical tensions, and spillovers from China's economic situation and global real estate market strains.

Economy forecasted to grow by 2.4% in 2024: MAS survey

The city-state demonstrated resilience by expanding by 2.2% year-on-year in the fourth quarter of 2023.

MOF proposes $100,000 fines for non-compliant CSPs

Penalties for breaches of obligations related to various registers will be increased.

Local business sentiment at its most optimistic since 2023: study

Businesses are more optimistic about the sales volumes and their net profits for the quarter.

Singapore simplifies tax filing for commission agents, delivery workers

Over 100,000 commission agents will benefit from this simplified process. The Inland Revenue Authority of Singapore (IRAS) is simplifying the tax...

DPM Keat champions S’pore as global-Asia node, roots for cross-border collab

He also outlined efforts to bolster the research, innovation, and enterprise ecosystem.

Business receipts of service industries rise 4.8% YoY in 4Q23

Recreation & Personal Services had the highest growth in revenue amongst industries.

Winners of Singapore budget 2024: banks, tech, renewables

Players in consumer staples and manufacturing cheer as well.  

Inflation eases to 2.9% YoY in January

In December 2023, headline inflation rose 3.7% YoY.

Budget 2024 propels Singapore's investment-focused growth

Budget 2024 saw an “investment tilt” towards promoting green, human, and infrastructure investments.

Domestic wholesale trade sales down 3.5% in Q4

Petroleum sales and transport equipment sales logged double-digit decreases.

Manufacturing-related stocks kick off 2024 with $22m in net institutional inflows

Six stocks post net inflow for every five that booked net outflow.

Ballot papers and documents en route for destruction on 2 March

Candidates or their representatives are invited to witness the destruction process.