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Singapore economy
Singapore economy
Singapore's economy slated to grow by 4.0% in 2021: MAS survey
Singapore's growth is expected to come in at 6.9% in 2021, in line with official estimates of 6% - 7%
December 08, 2021
Singapore economy
Singapore households face rising mortgage debt; financial system must stay prudent amid 'considerable uncertainty': MAS
Singapore’s buoyant property market has seemingly triggered slightly higher debt levels amongst households, compared to pre-Covid.
December 06, 2021
Singapore economy
STI currently 'oversold'; index could be 'bottoming out soon': CGS-CIMB
In its Dec 3, the brokerage has also identified five counters that may be oversold.
December 03, 2021
Singapore economy
DBS analysts positive on Singapore outlook in 2022, although market swings expected
The analysts have pegged Singapore’s benchmark Straits Times Index (STI) at a year-end target of 3,550 points for the FY2022.
December 01, 2021
Covid-19
PM Lee says Omicron variant could lead to return of some curbs
Israel and the UK have already imposed new travel restrictions to curb the spread of the Omicron variant.
November 28, 2021
Singapore economy
NODX up by 9.0% in 3Q2021; ESG ups 2021 NODX forecast to 9.5 to 10%
Total merchandise trade is expected to range from 17.0% to 17.5%, while NODX is estimated to stand between 9.5% to 10.0% in 2021.
November 24, 2021
Singapore economy
Singapore’s GDP up by 7.1% in 3Q21, full-year GDP growth expected at around 7%
MTI has narrowed its GDP growth forecast for 2021 from between 6% to 7% to “around 7%”.
November 24, 2021
Singapore economy
Singapore's NODX expands by 17.9% in October, thanks to growth in electronics and non-electronics
On a seasonally adjusted month-on-month (m-o-m) basis, NODX rose by 4.2% in October to $16.4 billion.
November 17, 2021
Singapore economy
Singapore economy expected to grow strongly in 2021/2, despite risks from resurgence of Covid-19 infections: AMRO
AMRO expects Singapore's GDP to expand by 6.5% this year, before moderating to 4% in 2022.
November 12, 2021
Singapore economy
Singapore economy to continue on expansion path after growth in 'fits and starts'
A pick up in the domestic and regional economy should benefit the banks and insurance segments, says MAS.
October 28, 2021