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Singapore economy
Wealth
Singapore is 17 years behind Hong Kong as wealth hub
Hong Kong will probably become the world’s largest cross-border financial centre in 2023, says this writer.
September 30, 2022
Singapore economy
Singapore's getting older, adding pressure on social spending
The government will be challenged with a different set of expenditures in upcoming budgets.
September 28, 2022
Singapore economy
Singapore all-items CPI increase by 7.5% y-o-y in August; MAS Core Inflation up by 5.1% y-o-y
MAS and MTI have kept their full-year estimates unchanged.
September 23, 2022
Singapore economy
Singapore's rising costs of running a business outpace Hong Kong
With inflation soaring to the highest level in 14 years, expenses are rising at a faster pace in Singapore than its counterpart.
September 22, 2022
Singapore economy
MAS double tightening of upward re-centring and slope steepening 'likely' in Oct: Citi
The Citi analysts believe there is a 60% chance of at least 100bps upward re-centring and concurrent 50bps slope steepening.
September 19, 2022
Aviation & Engineering
Changi Airport to reopen Terminal 2's southern wing in Oct
The northern wing of Terminal 2 is expected to be fully completed by 2024.
September 05, 2022
Singapore economy
Singapore retail sales increases by 13.7% y-o-y in July to $3.9 bil
The month of July registered a growth of 18.1% y-o-y excluding motor vehicles, with a sales value of $3.4 billion.
September 05, 2022
Broker's Calls
2QFY2022 earnings results 'more ups than downs', putting off immediate slowdown concern: DBS
21 companies reported better-than-expected earnings compared to 13 that disappointed; over half came in line with expectations.
August 25, 2022
Singapore economy
Singapore to 'comfortably avoid' technical recession in 3Q2022, despite second-half slowdown: RHB
RHB’s data suggests that Singapore’s economic growth momentum will moderate in 2H2022, avoiding a technical recession in 3Q2022.
August 23, 2022
Sharing Economy
Singapore to end most rules on masks indoors as Covid wave eases
Lee said the latest wave of Covid is now subsiding.
August 21, 2022