Economy
Can CPF nominations be revoked upon divorce? MOM responds
Can CPF nominations be revoked upon divorce? MOM responds
CPF nominations work like wills and CPF members may still provide for ex-spouse.
Youths reveal 3 areas where they want the government to invest in
Over half of Gen Z are willing to accept short-term economic limitations for these investments.
Persistently high inflation may continue to hound exports
Slower global demand is also one of the downside risks to exports.
SG likely to see ‘worst export performance’ since 2019
Experts expect full-year NODX to drop by 4% to 7% in 2023.
Economic optimism declines in Singapore
Optimism level fell by seven points.
Non-oil domestic exports fall 15.6% YoY in February
Decreases in both electronics and non-electronics exports drove the decline in NODX.
Why headline inflation will likely stay elevated in H2
DBS expects full-year headline inflation to hit 5.8%.
Nearly 9 in 10 S’pore CEOs say global economic growth will decline over the next year
CEOs in S’pore are more pessimistic compared to their global counterparts.
For better or for worse? Economist unveil predictions for SG’s economy
They expect full-year inflation to come in between 3.5% and 5.9%.
Officials still cautious on economy in 2023 despite reopening: RHB
The growth could be lower for Singapore compared to market consensus of 5.3%.
Inflation gives central banks a challenge to ease rate hikes
They also need to balance between disinflation and the global financial market.
COTD: How has Singaporeans’ household financial situation changed?
About two in 10 said it has gotten worse.
F&B sales up 21.8% YoY in January
The Chinese New Year celebration partly contributed to the increase in sales.
Chart of the Day: Real estate workers most optimistic about household finances
A YouGov survey revealed that those working in the media are also optimistic.
Chart of the Day: Will household finances worsen or improve?
Majority of respondents expect nothing will change.
Business receipts of service industries rise 10.9% YoY in Q422
Recreation & Personal Services had the highest growth in revenue amongst industries.
Central bank may further tighten monetary policy in April: analysts
This is expected if core inflation does not moderate.
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