Singapore economy

Fintech

Singapore named top fintech location in Asia; best city globally to launch fintech career: Fluro

Singapore was named the fourth best city leading the fintech industry globally with over US$32 billion and 612 fintech companies.
Keeping the flames of free trade alive - THE EDGE SINGAPORE

Global Economy

Keeping the flames of free trade alive

Despite macroeconomic headwinds, Singapore has reaffirmed its commitment to serve as a key node of international trade.
Recessionary risks still abound in increasingly 'two-sided economy': Analysts - THE EDGE SINGAPORE

Singapore economy

Recessionary risks still abound in increasingly 'two-sided economy': Analysts

Maybank economists have raised the probability of a recession over the next 12 months to 12% as of this month, from 9% in October.

Singapore economy

Singapore's GDP growth expected to come in 'around 3.5%' in 2022: MTI

At the same time, Enterprise Singapore has upped Singapore’s full-year NODX growth projection to ‘around 6.0%’ for 2022.
Below-trend growth for Singapore economy in 2023 amid deteriorating global outlook: MAS - THE EDGE SINGAPORE

Singapore economy

Below-trend growth for Singapore economy in 2023 amid deteriorating global outlook: MAS

Inflation-growth dynamics of the global economy have turned less favourable in the past few months, says the macroeconomic review.
Singapore all-items CPI up by 7.5% y-o-y in September; MAS Core Inflation up by 5.3% y-o-y - THE EDGE SINGAPORE

Singapore economy

Singapore all-items CPI up by 7.5% y-o-y in September; MAS Core Inflation up by 5.3% y-o-y

MAS says core inflation is projected to stay elevated in the next few quarters before slowing in 2H2023.

Singapore economy

Analysts mostly raise inflation forecasts for 2023 after MAS's tightening move

Inflation is likely to remain elevated in 2022; off-cycles are likely to be done for 2022, note the analysts.
Singapore's GDP grows by 4.4% in 3Q2022: flash estimates - THE EDGE SINGAPORE

Singapore economy

Singapore's GDP grows by 4.4% in 3Q2022: flash estimates

On a q-o-q seasonally adjusted basis, the economy expanded by 1.5%.

Singapore economy

Singapore's reopening boom draws big money and fears of a bubble

Money and people are gushing into Singapore, pushing rents and property prices to unprecedented highs.

Singapore economy

Continuing global macro headwinds sees economic growth in Singapore slowing down

PhillipCapital's Paul Chew has suggests that “hibernating for winter” could be an appropriate strategy for Singapore investors.
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