Economy
DPM Wong vows government will always be ‘pro-growth’ in economy
DPM Wong vows government will always be ‘pro-growth’ in economy
Economic competitiveness is one of the key phases in Singapore.
Where to invest if MAS eases monetary policy in October
Assets like bonds and gold will be a safe haven for investors.
Half of Singaporeans expect inflation to decline in the next 12 months
Consumers cite three reasons for the shift in their expectations.
SG likely to enter ‘technical recession’ in H1
Experts believe SG’s growth momentum will continue to slow in Q2.
Non-oil domestic exports fall 8.3% YoY in March
A 14.1% drop in exports to China drove the overall decline.
MAS April policy tightening is ‘dovish’ compared to October 2022: RHB
The analyst said this is the end of the tightening cycle.
7 in 10 local SMEs expect a recession within the next 2 years
In response, SMEs are taking a prudent approach to their financial spending.
Economic growth slows in Q123
The economy grew 0.1% YoY.
No policy tightening as core inflation expects to ease by end-2023
The central bank evaluated that the current policy band is sufficiently tight.
Central bank begins financial sector cloud resilience forum
The forum will discuss perspectives on appropriate public cloud risk management practices.
Workplace fatalities higher last year than pre-COVID year
The workplace fatality rate was 1.3 per 100,000 labourers.
3 in 4 SG CEOs are delaying investment plans amidst geopolitical tensions
This is above the global average of more than 3 in 5, EY reported.
CEOs in Singapore turn to deals for competitive advantage: report
This includes mergers and acquisitions, divestments, and joint ventures amongst others.
Chart of the Day: 63% SMEs are expecting their earnings to rise
More than half of businesses are reporting positive cash flow.
SG, China conclude talks on enhanced free trade agreement
The enhancements will create a conducive environment for businesses.
More than 900,000 HDB households to get GSTV U-save vouchers, S&CC rebates
The payout will start in April 2023.
Further money policy tightening may be unlikely due to banking sector turmoil
The central bank’s tightening is still unchanged amidst economic risks.
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