Economy
MAS safeguards enough to curb consumer over-indebtedness—MAS chairman
MAS safeguards enough to curb consumer over-indebtedness—MAS chairman
The news comes as bad debts jumped nearly 20% in Q1.
Over $2.28b in gov't aid disbursed to SG businesses in 2023
IRAS also gave out $2.28b in government schemes to over 131,000 businesses.
President’s Challenge shifts to longer-term funding model
It will also extend its support to the arts and sports.
Singapore named WMO Southeast Asia haze control centre host
Singapore has also housed the ASEAN Specialised Meteorological Centre since 1993.
Tax revenue rises 17% to $80.3b in FY23/24
Corporate income tax led the collection with a 36.1% share.
SG and Malaysia advance talks on Johor-Singapore SEZ agreement
Discussions between the two countries took place from 28 to 30 August in Johor.
Singapore simplifies REIT leverage rules for growth flexibility
New leverage requirements align Singapore REITs with APAC markets.
Business receipts in service industries rise 9.7% YoY in Q2 2024
Information and Communications led business receipts growth.
Economists mixed on MAS's next move amid stable July inflation
Inflation was unchanged at 2.5% YoY.
SaladStop! and SG fintechs amongst “to-watch” startups in APAC
SpaceTech and healthcare startups are amongst those who made the list.
Headline inflation unchanged as transport costs offset easing in accommodation
Private transport inflation rose to 0.9% YoY.
Governments struggle to boost declining fertility rates
Women are facing increasing pressure.
Economic optimism stronger among affluent Singaporeans
Seven in 10 of the affluent segment is more optimistic about local economic growth.
Telecoms and computers lead 1.7% growth in foreign wholesale sales for Q2
The sector recorded a 14.1% QoQ uptick.
Domestic wholesale sales rise 1.9% in Q2, driven by metals sector
The metals sector reported a 26.7% QoQ increase.
Industry players back PM Wong's promise to streamline processes
He focused on three areas.
Commentary
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