Singapore economy

Singapore sees 2024 GDP growth at upper half of forecast - THE EDGE SINGAPORE

Singapore economy

Singapore sees 2024 GDP growth at upper half of forecast

GDP grew 0.4% in the three months through June from the previous quarter.
MAS maintains prevailing rate of appreciation of S$NEER policy band in July MPS - THE EDGE SINGAPORE

Singapore economy

MAS maintains prevailing rate of appreciation of S$NEER policy band in July MPS

MAS says it expects headline inflation to average 2.0% to 3.0% in 2024.

Broker's Calls

Analysts mixed but mostly keep 2024 forecasts after May’s inflation figures

Singapore's headline and core inflation rose by 3.1% y-o-y in May.
Singapore crowned world's most competitive economy in 2024 - THE EDGE SINGAPORE

Singapore economy

Singapore crowned world's most competitive economy in 2024

Singapore beats other economies like Switzerland and Denmark, but its stock market index significantly decreases in ranking.
US Fed not in a hurry to cut rates as consumer confidence remains healthy - THE EDGE SINGAPORE

Global Economy

US Fed not in a hurry to cut rates as consumer confidence remains healthy

Despite costs going up, economies are generally resilient
Singapore keeps 2024 GDP growth forecast at 1% to 3%; expects gradual manufacturing and trade recovery - THE EDGE SINGAPORE

Singapore economy

Singapore keeps 2024 GDP growth forecast at 1% to 3%; expects gradual manufacturing and trade recovery

Within the manufacturing sector, the electronics cluster is projected to recover gradually in the coming quarters.

Singapore news

DBS remains as Singapore’s most valuable brand, while MBS becomes strongest brand in 2024

This year, DBS's brand value rose by 5% y-o-y to US$11 billion ($14.88 billion), making it Singapore's most valuable brand.

Singapore economy

Analysts mostly keep Singapore’s GDP estimates for 2024 despite softer-than-estimated 4Q2023 growth

Analysts have kept their estimates to range between 2% to 3%, while BofA has upped its estimate to 2.6% from 2.3% previously.

Oil & Gas

Singapore oil sales to ships jump as vessels avoid Red Sea risks

Volumes were 12% higher in January compared with a year ago, according to port authority data.
Singapore’s $260,000 Toyotas fuel angst over wealth gap - THE EDGE SINGAPORE

Singapore news

Singapore’s $260,000 Toyotas fuel angst over wealth gap

Singapore’s vehicle ownership cost — already a global outlier — remains not far from a record high.
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